- The Court of Auditors produces an annual report on the accounts of the EU (Photo: blogs.phillyburbs.com)
The EU Parliament and the Council then have to approve the accounts by "granting discharge".
- When in 1998 the EU Parliament refused to grant discharge for the accounts of the budgetary year 1996 it led to the fall of the Commission on 15 March 1999.
- The Court of Auditors has criticised the accounts every year since 1994. It has also criticised the bookkeeping system in the Commission.