What is the object of the project?

The object of the project is the provision of Independent Auditor services, in accordance with procedures D8 ‘Audit by an Independent Auditor’ and D18 ‘Project Completion’ of the Management and Control System (MCS) of the Recovery and Resilience Fund, for Action 16706 – ‘Digital Transformation of SMEs’, as detailed in section 2.2 of this document. The objective of the procedure is to confirm the satisfactory achievement of each Milestone and Goal associated with a payment request, including the following: ensuring that previously achieved Milestones and Goals are not reversed; preventing fraud and corruption; avoiding conflicts of interest; ensuring that Recovery and Resilience Fund actions and projects are not also funded by another EU Fund or programme at the same time; ensuring that all actions and projects comply with the ‘No Significant Harm’ principle and meet relevant climate and digital objectives, where applicable, in accordance with the Regulation.

In addition, the Independent Auditor is responsible for verifying the proper execution and completion of the Actions and Projects funded by the Recovery and Resilience Fund, in line with the principles of sound financial management and applicable national and EU legislation. In order to confirm project/action completion, as defined in RRF’s Management and Control System and in Procedure D18, the Auditor shall carry out a physical and financial audit of each project/action, regardless of whether it is linked to Milestones/Goals included in a payment request.

What are the purpose and objectives of the project?

As explained above, the ‘Information Society SA’ has been designated as the Project Promoter for projects financed by the Recovery and Resilience Fund.

According to the Manual of Procedures of the Management and Control System of RRF, which supports the proper and effective implementation of the Management and Control System by defining all the procedures that must be followed by coordinating, implementing, monitoring and auditing bodies, and in particular:

• in section D8 of the MCS Manual – ‘Audit by an Independent Auditor’ – it is stipulated that the Project Promoters of projects financed by the RRF and/or the relevant Ministry are responsible for selecting and assigning an Independent Auditor, in accordance with Law 4412/2016 (Government Gazette, Series I, No 147);
• in section D18: of the MCS Manual – ‘Project Completion’ – it is stipulated that the Project Promoters of projects financed by the RRF and/or the relevant Ministry are responsible for informing the RRF Coordination Authority of the completion of both the physical and financial scope of the project and confirming the achievement of all milestones, goals and indicators defined in the Inclusion Decision and the National Recovery and Resilience Plan.