European body was established in 1990 with 30 members (Now membership stands at 48 SAIs).
The major objectives of the Organization are to promote professional co-operation among SAI members, to encourage the exchange of information and documentation, to advance the study of public sector audit, to work towards the harmonization of terminology in the field of public audit .
As one of the Regional Working Groups EUROSAI provide members opportunities of professional and technical cooperation on a regional basis
The Lima Declaration is considered to be the main document clarifying the chief principles of ITOSAI/EUROSAI and general standards and methods of public financial control
There are three models of SAIs: the one-person model in the case of the Auditor General (UK), a collegiate decentralized model with regional control bodies and (Germany), a collegiate, decentralized model with jurisdictional attributions (France)