Division 4 SYSTEM AUDITS

This section shall include the following information:

1. 4.1

   Details of the bodies (including the audit authority) that have carried out audits on the proper functioning of the management and control system of the programme (as provided for in Article 34(1) of Regulation (EU) No 223/2014) — hereafter ‘system audits’.

2. 4.2

   Description of the basis for the audits carried out, including a reference to the audit strategy applicable, more particularly to the risk assessment methodology and the results that led to establishing the audit plan for system audits. In case the risk assessment has been updated, this shall be described in section 3 above covering the changes of the audit strategy.

3. 4.3

   In relation to the table in section 10.1 below, description of the main findings and conclusions drawn from system audits, including the audits targeted to specific thematic areas, as defined in section 3.2 of Annex II to this Regulation.

4. 4.4

   Indication of whether any problems identified were considered to be of a systemic character, and of the measures taken, including a quantification of the irregular expenditure and any related financial corrections, in line with Article 5(5) of Delegated Regulation (EU) No 532/2014.

5. 4.5

   Information on the follow-up of audit recommendations from system audits from previous accounting years.

6. 4.6

   Level of assurance obtained following the system audits (low/average/high) and justification.