UPDATE: The 2016 budget received a qualified opinion rather than an adverse one because about half of EU spending audited in 2016 was below the 2% threshold for material level of error (http://www.eca.europa.eu/en/Pages/AR2... ).

Many people speak of the Court of Auditors not signing off on the EU budget, but don't really know what it means? In this video, we'll give you an insight into what the Court of Auditors checks the books on and why it has never fully signed off on them.

Errors (thanks for those who pointed them out):
- 2:19 The correct amount per citizen is € 0,5 (instead of €0,05).

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In this series we explain complex aspects of the EU in a comprehensive and understandable way. If however, despite our diligence and help of Dr. Jan Oster, we have left something out or made a mistake, please be so kind to tell and forgive us.

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