The role of internal control and financial audit in implementing European financed projects from European social fund category

Dumitru NICA, Cristinel-Claudiu COCOȘATU, Liviu TOMOIAGĂ


In the beginning we have discussed the role of internal control in
implementing European financed projects by the European Social Fund, type
POSDRU and PODCA. The paper continues by emphasizing the main
requirements presented in ISRS 4400 entitled “Missions based on agreed-upon
procedures regarding financial data” for the auditing of ESF financed
Later on, we have focused on some defining criteria incorporated in
CAFR guides and resolutions for POSDRU type European projects according
to the European Directives standards. Furthermore we have analyzed some
requirements mentioned in the Beneficiary Manual elaborated by
AMPOSDRU and AMPODCA in relation to the audit for POSDRU and
PODCA type projects. In the end, we have presented the conclusions and
suggestions we have come along as a result of our research.


internal control, types of internal control, internal control system, ISRS 4400 objective, audit procedures, actual facts report elements, finalizing an audit mission, audit beneficiary, independent financial auditor, objective of a mission based on agree

Full Text:



Order has been published in the “Official Monitor of Romania”, Part I, no 675/2005.


Accounting law no 82 from 1991, “Official Monitor of Romania” no 265 from 1991, with

modifications and supplements, republished in the Official Monitor of Romania, Part

I, no 285 from 2011.

“Official Monitor of Romania”, Part I, no 836 from 13.12.2010.

Order was published in the “Official Monitor of Romania”, Part I, no 766 bis from


CAFR decision for approval of Internal Audit Norms, published on

International audit and quality control standards Manual, Financial Audit 2009,

International Federation of Accountants, IRECSON publishing, 2009, pp. 268-280.

“Official Monitor of Romania”, Part I, no 569 from 23 august 2010.

International audit regulations. Assurance and ethics. Vol. I, Irecson Publishing,

Bucharest, 2008, pp. 1033-1042.

Decision of the Council of the Financial Auditors’ Chamber from Romania

no 161/2000 published in Official Monitor of Romania no 86 from 2012, Part I.

CAFR, Quality audit guide, IRECSON publishing, Bucharest, 2010.

AMPOSDRU Sectorial Operational Program Human Resources Development, 2007-2013,

CCI 2007RO051PO001, Beneficiary Manual, October 2009, pp. 128-129,

AMPOSDRU Sectorial Operational Program Human Resources Development,

-2013, CCI 2007RO051PO001, Requirements for verification of expenses by an

independent financial auditor, October 2009,

Copyright (c) 2012 author

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

As to respect GDPR, this site do not allow free registation. Please contact us at:

GDPR Policy:

Please read the statement below:
Processing of personal data and free movement of these data

Registering with this site the author agree with the collection, processing and use of his personal data, exclusively within the ASHUES journal.




To crown and encourage research efforts of the authors, at the end of a year of publishing our journal board will award online the best papers by distinctions:

1. Best Original Paper Award -  for the paper that has brought something completely new in the reader's attention (a new concept, a new trend, a new proposal in research, etc.)

2. Excellence Award - for the most cited paper and visualized in the online environment during the year

3. First, Second and Third Award- for the best documented and substantiated papers during the year

4. Special Award - to award PhD students and postdocs for the most well documented and substantiated paper