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Europe Daily Bulletin No. 8878

1 February 2005
Contents Publication in full By article 34 / 38
GENERAL NEWS / (eu) eu/commission/budget
New accounting system finally in place

Brussels, 31/01/2005 (Agence Europe) - Last Friday, the European Commission announced that the long task of modernising the internal accounting system was finished. As provided for by the provisions of the new financial regulation, the Commission managed to put in place a new financial accounting system at the beginning of 2005 (registering the accounting action when it happens and not when the money is paid, and not evaluating the assets and liabilities until the end of the financial year),...

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THE DAY IN POLITICS
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