Financial Accountability in the European Union : Institutions, Policy and Practice book cover
1st Edition

Financial Accountability in the European Union
Institutions, Policy and Practice

ISBN 9780367321093
Published November 20, 2020 by Routledge
332 Pages 7 B/W Illustrations

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Book Description

This book offers comprehensive coverage of various aspects of financial accountability around the EU budget – how it is spent via policies, how institutions engage in checking policy performance (what taxpayers’ money actually delivers), and therein, the issues of monitoring, controlling, auditing, scrutinising and communicating budgetary expenditure.

Presenting conceptual and theoretical approaches including financial accountability, learning, multi-level governance, implementation and throughput legitimacy, it looks at EU institutions (European Parliament, European Court of Auditors, European Ombudsman, European Public Prosecutor’s Office) and national bodies (supreme audit institutions at the national level), examining their contact with the EU budget. It details the historical development of accountability mechanisms (the ‘statement of assurance’, financial corrections, and parliamentary oversight by the Budgetary Control Committee (CONT)), and examines policy areas such as those of agriculture, social policy and cohesion (including Structural Funds and the Common Agricultural Policy), exploring the challenges of financial accountability in practice. Given the recent introduction of non-budgetary financial instruments and tools only partly financed by the EU budget, it sheds light on new burgeoning areas such as the European Stability Mechanism (ESM) and the European Fund for Strategic Investment (EFSI) and the challenges they bring for ensuring the accountability of public money.

This book will be of key interest to scholars and students of audit and evaluation, budgetary spending and financial control and, more broadly, public administration, public policy and EU institutions and politics.

Table of Contents

Introduction: Situating and contextualising financial accountability in the European Union

Paul Stephenson, María-Luisa Sánchez-Barrueco and Hartmut Aden

PART I: Institutional Perspectives: Mandates and Powers

1. Financial Accountability in the Broader Framework of Accountability Studies

Hartmut Aden

2. The Strategic Involvement of the European Parliament in Establishing the European Social Fund

Mechthild Roos

3. Analysing the Origins of the ‘Statement of Assurance’: The European Court of Auditors after the Maastricht Treaty

Gilberto Moggia

4. On the Interplay between Good Administration and Sound Financial Management: The View from Strasbourg

Nikos Vogiatzis

5. Comparing the Audit Capacity of Supreme Audit Institutions (SAIs) in the Context of European Multilevel Governance (MLG)

Anchrit Wille, Sietse Papenborg, Imogen T. Liu, Anika Heinmaa and Philippine Dauteuil

PART II: Policy Perspectives: Cohesion Policy and the Structural Funds

6. The Multiple Accountabilities of EU Cohesion Policy: Wicked problem or north star?

Laura Polverari

7. The Accountability of financial Instruments in EU Cohesion Policy: Lessons learnt from the European Court of Auditors

Claudia Gloazzo

8. The Evolution of the Internal Control System for the Structural Funds: Between the European Commission and national authorities

Antonio-Martín Porras-Gómez

9. Financial Accountability and the Quality of Performance in EU Cohesion Policy: The case of Italy

Ekaterina Domorenok

10. The Implementation and Accountability of EU Cohesion Policy in The Netherlands

Maaike Damen-Koedijk

PART III: Perspectives from Practice: Financial Accountability Challenges

11. Communicating Financial Accountability in an Age of Disinformation: The results of a cross-national survey of supreme audit institutions (SAIs)

María-Luisa Sánchez-Barrueco

12. Delivering Value for Money? The problematic accountability of the European Stability Mechanism (ESM)

David Howarth and Aneta Spendzharova

13. Ensuring the Accountability of the European Fund for Strategic Investments (EFSI)

Giacomo Benedetto

14. Making Taxpayers’ Contributions to the EU Budget Visible: Towards greater transparency and legitimacy

Gabriele Cipriani

15. Suspending EU Funds to Member States that Breach the Rule of Law: A new accountability mechanism?

Justyna Łacny

16. Protecting EU Financial Interests through Criminal Law: The shortcomings of the PIF directive and repercussions for the functioning of the EPPO

Demelsa Benito Sánchez

17. Securing Impact from Audit: Budgetary scrutiny by the European Parliament and its use of findings by the European Court of Auditors

Paul Stephenson

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Paul Stephenson is Assistant Professor at the Department of Political Science at Maastricht University, the Netherlands.

María-Luisa Sánchez-Barrueco is Senior Lecturer in EU Law and Politics in the Transnational Law Department at the University of Deusto, Bilbao, Spain.

Hartmut Aden is Professor of German and European Public Law, Public Policy and Public Administration at the Berlin School of Economics and Law, Germany.