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"The auditors of Transport Scotland and the City of Edinburgh Council have been closely monitoring the project and its associated risks as part of their ongoing audits. This report will draw on their findings.
Audit Scotland will compile a report on the scheme for early next year following a request from the Accounts Commission and Robert Black, the Auditor General for Scotland.
She said: "Despite giving the tram project a clean bill of health in 2007, I am pleased Audit Scotland has finally decided to review the project.
David Mackay, who was appointed to the role of project chairman two years ago, stepped down from his post last week.
"It is expected to be an interim report which will consider the progress of the project to date, governance arrangements and the key issues which will need to be managed as the project goes forward."
have greater clarity over these details."
"Independent audits have also been commissioned to ensure that we continue to have the tightest possible control over our budget and spending.
"Given where we are with the contractual dispute, it is understandable that they do this when we Omega Seamaster 36mm
The MSP also called for Holyrood's Transport Committee to hear from tram chiefs at the earliest opportunity.
Controversial Edinburgh trams project faces public spending watchdog probe
A Transport Scotland spokesman said: "We are aware that Audit Scotland is to prepare an interim report on the Edinburgh Tram project, including Transport Scotland's arrangements for monitoring effective use of Scottish Government funding. We will be fully assisting Omega Speedmaster Moonwatch Nato Strap
Lothians MSP Shirley Anne Somerville gave a "cautious welcome" to the development today but raised concerns about the timescale of Audit Scotland's report.
"The devil is in the detail and any effort to hide problems with the management of the project under commercial confidentiality will be unacceptable as would any attempt by anyone involved to draw this inquiry out or to delay this report."
Edinburgh Trams said they have "no issue" with Audit Scotland looking at the project's finances.
A spokeswoman for Edinburgh City Council said: "Our understanding is that Audit Scotland are not seeking to audit the tram project at this time, but merely seeking a report early next year which will focus on the project's progress, costs and key issues to date.
EDINBURGH'S controversial trams project is to face scrutiny froma public spending watchdog, it has emerged.
"With the council set to make key decisions on the project in December, it is essential the people of Edinburgh have answers before then.
In June this year it emerged that the trams project was facing cost overruns of more than s50 million. Contingency plans were drawn up to borrow the additional funds for the project, which had been expected to cost s545 million.
A spokeswoman for Audit Scotland said: "The Accounts Commission and the Auditor General for Scotland have asked Audit Scotland to prepare a report on the trams project for publication in early 2011.
Ms Somerville said the council is expected to take key decisions on the future of the project next month.
Audit Scotland in this."
"Our understanding is that Audit Scotland have been asked to look at the finances of the project early Omega Constellation Vintage Watch next year when we have greater clarity over the way forward. We have no issue with this and will continue to report as usual."
A project spokesman said: "There is a robust process in place for scrutiny of the project's finances, through regular reporting to the City of Edinburgh Council, who Omega Seamaster Aqua Terra White Dial
in turn report to Transport Scotland.
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