151. We concur with the observation that the methodology employed by the Court still relies heavily on transaction testing. Due to the small number of transactions actually looked at each year we do not consider that this methodology can lead to an accurate picture of financial management. The Court should aim to improve the methodology behind the Statement's production so as to provide more accurate data. We consider that these weaknesses must be remedied as a matter of priority so an accurate picture of the error rate can be obtained. (paragraph 28)

152. We are pleased to see that the Court has responded to calls from the ECOFIN Council and added additional auditing techniques over the years. In particular we are pleased to see that the Court now conducts an assessment of supervisory systems and controls; reviews the Annual Activity Reports and Declarations from each of the Directors General in the Commission; and evaluates of the results of other auditors. We consider that these need to be further developed to give a more rounded picture of performance over the year. In particular, greater use by the Court of the Annual Activity Reports could add positive pressure for their development into proper accounting tools. (paragraph 29)