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originally posted by: ScepticScot
originally posted by: Axius
originally posted by: ScepticScot
originally posted by: SprocketUK
From government uk site
4.1 Contents of your company’s accounts
Generally, accounts must include:
a profit and loss account (or income and expenditure account if the company is not trading for profit)a balance sheet signed by a director on behalf of the board and the printed name of that directornotes to the accountsgroup accounts (if appropriate)
And accounts must generally be accompanied by;
a directors’ report signed by a secretary or director and their printed name, including a business review (or strategic report) if the company does not qualify as smallan auditors’ report stating the name of the auditor and signed and dated by him (unless the company is exempt from audit).
fullfact.org...
Here's a table of all the errors and times that the eu own auditors signed off the accounts despite them failing the fair test.
And they still will not publish them for the people who pay the taxes to examine.
It's 2018 we deserve more openness, more democracy, more accountability. Not less
originally posted by: ScepticScot
originally posted by: SprocketUK
originally posted by: ScepticScot
originally posted by: Axius
I wonder what would happen if the UK requested a financial audit of Brussels to "ensure we paid what we owed".
I imagine that the risk of expenses and other financial scandals would be cause for a rapid change in the EU's approach to negotiations.
What do you guys/girls think?
The EU already is audited every year.
No. The eu court of auditors sign off the accounts, even when there are significant errors.
They never, ever, release the accounts for audit. Even a tiny little limited company has to have its accounts audited externally, failure to do so smacks of fraud.
The court of auditors is independent authority the same way as the NAO is an independent authority in the UK. Can you point to an external company audit for the UK accounts?
Its an entirely false claim that they sign off even when there are errors. What they do us highlight where they believe spending has been done outwith the EU guidelines. 80% of EU spending is done by national governments.
The EU isn't a company just as the UK government isn't.
Here is the full article that your table comes from
fullfact.org...
Certainly worth reading in full.
According to the "Audits" that have been performed so far 2 - 3.1% of payments made by the EU are subject to error. Considering that the EU yearly budget is approximately €145 bn a year (2015), that would mean somewhere between €2.0 bn and €4.5 bn of payments are found to be in error.
To me this hints to corruption or an expenses scandal.
If you read the article linked it discusses that and how it compares to national governments.
The majority of that 3 % is not following EU guidelines. Not fraud.
Also 80% of EU spending is conducted by national governments, so we might want to look closer to home for the fault.
originally posted by: ScepticScot
There was no defined right to live or work. Even travel could require a visa.
originally posted by: Flanker86
Brexit is not a mess, it is sacrosanct! Brexit will be timely and HARD. There's no need for additional votes or "fixes" of any kind to it.
For my part, I cannot support the proposed deal for two reasons. First, I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. Second, I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit.
originally posted by: Flanker86
The current "Brexit deal" is essentially a brexit reversal ! Very dangerous to give in to EU and Macron's/Merkel arrogance.
Will the British houses of Parliament capitulate to Brussels in the coming times ? ...