The powers of the Auditing Board are described in Article XII of the Articles of Agreement. The Auditing Board is composed of three members appointed by the Governing Board. It checks the accuracy of the annual accounts, after they have been examined by an external auditor.
Members appointed for 2018:
Estonia: Toomas VAPPER, Head of Entrepreneurship and Accounting Policy Department, Ministry of Finance, Tallinn
Hungary: Krisztián TOLNAI, Inspection Specialist, Department for Financial Audit, Ministry for National Economy, Budapest
Republic of Moldova: Iuri CICIBABA, Head of Cabinet, Ministry of Finance, Chișinău