12 Nov 2021
Auditors publish 2020 report on EU Joint Undertakings
On 12 November 2021, the European Court of Auditors (ECA) signed off the 2020 accounts and the underlying transactions of all the EU’s Joint Undertakings (JUs) – the EU’s public-private partnerships with industry and research groups. In the seventh of their ten-year life span, most JUs have already implemented approximately 2/3 of their activities within Horizon 2020.
Although several aspects could be improved further, the auditors confirm that the financial and compliance management of the Joint Undertakings is healthy. The auditors also note that the JUs have exploited synergies to maintain business continuity during the COVID-19 pandemic and to mitigate its possible impact on their service delivery.
The report can be downloaded here: