Examples of using Residual error in English and their translations into Romanian
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Programming
Notes that the residual error rate was below 2%;
The current control strategy for research expenditure has been designed to detect andcorrect errors so as to bring the residual error level down to below 2%.
Welcomes the fact that the residual error rate for the ex-post audits reported in the FCH2's 2016 annual activity report was 1,24%;
Thanks to this combination of ex-ante and ex-post controls as well as desk checks andon-site audits, in the past years the quantifiable average residual error rate was lower than 2%.
Reservation concerning the rate of residual error with regard to the accuracy of cost claims in the Sixth Research Framework Programme(FP6).
Acknowledges however that certain parts of the Seventh Framework Programme expenditure were not covered by a reserve where there was evidence that the risks(and so the residual error rates) were significantly lower than for all expenditure;
The Commission uses this information to estimate residual error rates which is presented to the European Parliament and the Council in the context of the discharge procedure.
There is scope for clearer conclusions on how the results of the various controls contribute to the Director-General's assurance andfor developing a key indicator on the estimated financial impact of residual errors after all exante and ex- post controls have been implemented.
Welcomes the fact that a residual error rate(RER) study was carried out for the fourth consecutive year and has become a key tool within the control, monitoring and auditing strategy;
It states that, given the design and the results of its multiannual control architecture,EuropeAid does not believe that the residual error rate on its portfolio merits a reservation in the Director- General's declaration of assurance( 23).
Notes that a residual error rate for grant payments has not been calculated due to their low share of the Joint Undertaking's budget and the small number of ex-post audits carried out;
While improvements in the nature and targeting of management activities and compliance checks in relation to the portfolio will continue to be pursued, these costs are globally necessary to effectively andefficiently achieve the objectives of the instruments at a minimal risk of non compliance(below 2% residual error).
The benefits of achieving an average residual error rate of less than 2% and compliance with the provisions of the financial regulation are assessed as sufficiently important to justify the chosen management and control measures.
While improvements in the nature and targeting of management activities and compliance checks in relation to the portfolio will continue to be pursued, these costs are globally necessary to effectively andefficiently achieve the objectives of the instruments at a minimal risk of non compliance(below 2% residual error).
It remains the ultimate objective of the Commission to achieve a residual error rate of less than 2% of total expenditure over the lifetime of the programme, and to that end, it has introduced a number of simplification measures.
The internal control framework built on the implementation of the Commission's Internal Control Standards, public procurement procedures for selecting the best proposals and for contract management throughout the project/ contract, and ex-ante checks on invoices andpayments shall avoid residual errors being above 2%.
DG NEAR to revise the residual error rate methodology in order to provide statistically accurate information on the amount at risk for payments made under the Pre-Accession Instrument indirect management;-.
While improvements in the nature and targeting of management activities and compliance checks in relation to the portfolio will continue to be pursued, these costs are globally necessary to effectively andefficiently achieve the objectives of the instruments at a minimal risk of non compliance(below 2% residual error).
The internal control objective for the LIFE Programme would be to limit the residual error rate(after corrections) to a range between the expected 1.6% and the 2%"materiality" threshold set by the Court of Auditors.
While improvements in the nature and targeting of management activities and compliance checks in relation to the portfolio will continue to be pursued, these costs are globally necessary to effectively andefficiently achieve the objectives of the instruments at a minimal risk of non compliance(below 2% residual error).
These form the building blocks for the Commission's estimation of a residual error rate which is deemed to represent the financial impact, expressed as a percentage of the amount of payments, of the irregularities in payments made after all checks have been carried out.
The current rate of error from audits of FP7 carried out by the Directorate General Research and Innovation is around 5%, and although this will be reduced due to the effects of the audits, and is somewhat biased because it is concentrated on beneficiaries not previously audited,it is unlikely whether the 2% residual error will be attained.
In the absence of a key indicator for the estimated financial impact of residual error after all exante and expost controls have been imple mented( 24), EuropeAid is not in a position to demonstrate that the financial impact of shortcomings and errors remains below the materiality criteria set.
Therefore the multiannual financing arrangements meanthat controls are carried out before but also after the audit work is done by the European Court of Auditors, and the residual error after all controls have been completed can be significantly lower that the error rate detected by the Court.
The current rate of error from audits of FP7 carried out by the Directorate General Research and Innovation is around 5%, and although this will be reduced due to the effects of the audits, and is somewhat biased because it is concentrated on beneficiaries not previously audited,it is unlikely whether the 2% residual error will be attained.
In general these reservations are arrived at by calculating a residual risk or residual error rate- generally an estimate of the control mechanisms' impact on the error rate on a multi-annual basis- which is compared with the materiality threshold of 2%.
Where the global extrapolated error rate referred to in paragraph 6 is above 2% of the total expenditure declared for the Interreg programmes included in the population from which the common sample was selected,the Commission shall calculate a global residual error rate, taking account of financial corrections applied by the respective Interreg programme authorities for individual irregularities detected by the audits of operations selected pursuant to paragraph 1.
Notes in particular that DG NEAR calculated a residual error rate for 90% of the expenditure resulting in three rates: a residual error rate for the Instrument Pre Adhesion direct management, a residual error rate for the Pre-Accession Instrument indirect management and a residual error rate for the European Neighbourhood Instrument covering all management modes;
However, the Court considers that the amount at risk may have been underestimated because the so-called“residual error rate”, on which it is based, was not yet, in 2011, a reliable indicator of the extent to which transactions remain affected by material error after control procedures have been applied.
Stresses that the Court found that the calculation of the residual error rate as to the management mode“indirect management by beneficiary countries”, which combines results from non-statistical sampling by the audit authorities with the historical residual error rate calculated by DG NEAR, is not sufficiently representative and does not provide accurate information on the amount of payments at risk;