# Commission Implementing Regulation (EU) 2015/207 of 20 January 2015 laying down detailed rules implementing Regulation (EU) No 1303/2013 of the European Parliament and of the Council as regards the models for the progress report, submission of the information on a major project, the joint action plan, the implementation reports for the Investment for growth and jobs goal, the management declaration, the audit strategy, the audit opinion and the annual control report and the methodology for carrying out the cost-benefit analysis and pursuant to Regulation (EU) No 1299/2013 of the European Parliament and of the Council as regards the model for the implementation reports for the European territorial cooperation goal, Division Or: (Adverse opinion)

Extent: E+W+S+N.I.

In my opinion, and based on the audit work performed:
the accounts give/do not give [delete as appropriate] a true and fair view, as established by Article 29(5) of Regulation (EU) No 480/2014;
the expenditure in the accounts for which reimbursement has been requested from the Commission is/is not [delete as appropriate] legal and regular;
the management and control system put in place functions/does not function [delete as appropriate] properly.
This adverse opinion is based on the following aspects:
in relation to material matters related to the accounts:
and/or [delete as appropriate]
in relation to material matters related to the legality and regularity of the expenditure in the accounts for which reimbursement has been requested from the Commission:
and/or [delete as appropriate]
in relation to material matters related to the functioning of the management and control system:
The audit work carried out puts in doubt the assertions made in the management declaration for the following aspects:
[The audit authority may also include emphasis of matter, not affecting its opinion, as established by internationally accepted auditing standards. A disclaimer of opinion can be foreseen in exceptional cases.]

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Source: https://www.legislation.gov.uk/eur/2015/207/annex/VIII/division/5/division/3 (the official version)
Page: https://openlegislation.uk/eu-regulation-2015-207/annex-VIII/division-5/division-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.