Each financial year, EU-OSHA’s Director prepares a report on the Agency’s activities during the past year. It follows the structure of the annual management plan, giving an account of the delivery of the key objectives and activities that were outlined in the plan. It also examines the resources that were used in achieving the Agency’s objectives. The annual activity report also functions as the Director’s management report, covering, for example, the implementation of the internal control standards. EU-OSHA’s Governing Board analyses and assesses the activity report. This is an important step in the process of evaluating how the Agency implemented its budget for the year (the discharge process).