The The OCEX (Autonomous external control bodies) and the audit of Next Generation funds: a new control model?

Abstract

The article addresses the role of regional audit institutions in a change of era for them. On the one hand, at a time of redefining its traditional role linked to financial and legality audits, enhancing the audits into the field of economics, effectiveness and efficiency of public action programs, with the horizon in the evaluation of public policies and in the prevention of fraud and corruption. And on the other, the responsibility with future generations with the correct use of funds linked to the European response to the pandemic. In this context, possible courses of action for the regional audit institutions are announced, in order to complement their function of examining completed projects.

Keywords:

Regional audit institutions, Next Generation European Unión, performance-based financing, governance framework, NGEU Spain