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Verification Procedure European Funded Projects Through Financial Audits

Author

Listed:
  • Riana Iren RADU

    (Dunarea de Jos University of Galati, Romania)

  • Lucean MIHALCEA

    (Dunarea de Jos University of Galati. Romania)

  • Liudmila STANCIU

    (Dunarea de Jos University of Galati. Romania)

Abstract

The work developed by the authors assumes a definite need for reflection on funding mechanisms and macroeconomic management at all levels of budget deficit, amid the economic crisis unprecedented in the recent history of Romania and the whole of Europe. In this direction, this paper attempts to highlight issues that arise in terms of absorption of European funds for economic development based on this absorption emphasizing the role of grants in the economy and the need to audit projects.

Suggested Citation

  • Riana Iren RADU & Lucean MIHALCEA & Liudmila STANCIU, 2014. "Verification Procedure European Funded Projects Through Financial Audits," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 291-296.
  • Handle: RePEc:ddj:fserec:y:2014:p:291-296
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