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Council Directive 2011/85/EU of 8 November 2011 on… Article 3

Article 3

1.   As concerns national systems of public accounting, Member States shall have in place public accounting systems comprehensively and consistently covering all sub-sectors of general government and containing the information needed to generate accrual data with a view to preparing data based on the ESA 95 standard. Those public accounting systems shall be subject to internal control and independent audits. 2.   Member States shall ensure timely and regular public availability of fiscal data for all sub-sectors of general government as defined by Regulation (EC) No 2223/96. In particular Member States shall publish: (a) cash-based fiscal data (or the equivalent figure from public accounting if cash-based data are not available) at the following frequencies: — monthly for central government, state government and social security sub-sectors, before the end of the following month, and — quarterly, for the local government sub-sector, before the end of the following quarter; (b) a detailed reconciliation table showing the methodology of transition between cash-based data (or the equivalent figures from public accounting if cash-based data are not available) and data based on the ESA 95 standard.

Read the full instrument → · Read this in context: CHAPTER II — ACCOUNTING AND STATISTICS →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 3 of Council Directive 2011/85/EU of 8 November 2011 on… (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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