The European Organisation of Regional Audit Institutions, EURORAI was established in 1992. The organisation is a form of cooperation between financial institutions auditing the public sector in Europe, which enables the exchange of experience between regional audit institutions and the promotion of the development of financial audit of public funds at regional and local level. EURORAI organizes meetings, conferences and seminars in order to achieve its goals set out in its statutes such as strengthening cooperation between audit institutions, promoting the exchange of knowledge and experience related to the development of public financial audit, and harmonizing its audit methods and technical terminology, EURORAI also supports the preparation of professional documents and surveys, as well as the implementation of exchange programs for experts.
In terms of its operation and structure EURORAI follows INTOSAI and EUROSAI, and carries out its activities through its permanent bodies, the Congress, which meets every three years, the Governing Board with 7 members, which meets annually, and the General Secretariat presided by the Audit Office of the Valencian Community. The cooperation within EURORAI is essentially a consultation mechanism, which in practice takes place in the framework of events. The organisation has no working groups or committees, and does not carry out international cooperative audits.
The State Audit Office of Hungary has been an associate member of the organisation since the 4th Congress taken place in 2001.