The Committee shall be responsible for matters relating to:
Adoption of Community Budget;
Examining the draft annual budget of the Parliament;
Monitoring financial and administrative management in the Parliament;
Assessing the effectiveness of various community financing mechanisms, notably the implementation of the protocol relating to the community levy; the coordination of various financial instruments, and evaluation of the cost/effectiveness of implementing policies financed by the Community;
Controlling execution of the Parliament’s budget;
Verifying accounts and balance sheets relating to decisions concerning the closure, presenting and auditing of the Parliament’s revenue and expenditure as well as measures accompanying or implementing these decisions, in particular, as part of the internal control procedure;
Referrals on financing Community programmes
