Accounting systems validation
Deloitte has conducted several projects to validate local accounting systems, based on the Commission's ABAC system, in line with the Agencies’ Financial Regulation (e.g. segregation of duties), DG Budget guidelines for evaluation of local IT systems and other key relevant policies, procedures and rules.
The validation has been conducted at the following EU Agencies:
- European Banking Authority (EBA): In addition, the project documented the major accounting posting schemes to be followed;
- European Insurance and Occupational Pension Authority (EIOPA). In addition, the project assessed the financial circuits for all financial transactions carried out by EIOPA as well as all the related paper-based circuits;
- European Joint Undertaking for ITER and the Development of Fusion Energy (F4E); and
- Office of the Body of European Regulators for Electronic Communications (BEREC).
Deloitte has also conducted a project to validate the REACH-IT invoicing system in place at the European Chemicals Agency (ECHA).