European Court of Auditors (ECA)
EUROPEAN COURT OF AUDITORS
Guardians of the EU's finances
The European Court of Auditors (ECA) plays a crucial role in ensuring that the EU’s finances are managed responsibly. It carefully examines all revenue received and expenditure made by the EU, as well as by its various bodies, offices, and agencies.
Beyond simply checking the numbers, the ECA assesses whether EU funds are handled efficiently and in full compliance with the relevant regulations. Each year, it provides the European Parliament and the Council with a statement of assurance on the legality and regularity of EU spending, flagging any irregularities it finds.
After the close of each financial year, the ECA publishes an annual report outlining its findings. Additionally, it can issue special reports or opinions on specific financial matters whenever necessary, helping to maintain transparency and accountability across the EU’s financial system.
PETRI SARVAMAA
Petri Sarvamaa, the host of the ECA Summer School, is a Finnish Member of the European Court of Auditors. Before joining the ECA, he served as a Member of the European Parliament from 2012 to 2024. Prior to his political career, Sarvamaa had a distinguished tenure in journalism, working at Yle and as a correspondent in the United States. Recognized as one of the most influential MEPs, he has consistently ranked among Finland’s top representatives in European politics.