This CAAR has several purposes. It provides evidence of progress toward achieving the SJUs key objectives as defined in the 2015 Annual Work Programme, taking into account resources used during the reporting period. It also outlines the management and oversight systems in place at the SJU, including reference to the European Commissions Internal Control Standards. Lastly, the CAAR also includes a declaration of assurance in which the Executive Director, in his role as Authorising Officer, provides assurance as regards the true and fair view given by the report and pertaining to the legality and regularity and the sound financial management of all financial transactions under his responsibility.