FEE Audit Directive Position.pdf

FEE_Position_on_the_Proposed_Audit_Directive_041117211200581323-3.pdf
Preview of FEE Audit Directive Position
🔗 Source: accountancyeurope.eu
📊 Size: 141 KB
👤 Author: Henri
⬇️ Downloads: 111

Summary

FEE supports the European Commission's proposed Audit Directive, which aims to improve audit quality and restore public trust in the statutory audit process. FEE suggests improvements, including omitting audit firm rotation, establishing reasonable responsibility for statutory auditors, and recognizing the need for a separate body to cooperate between public oversight systems. FEE also proposes revisions to audit documentation, endorsement of International Standards on Auditing, and education requirements. Additionally, FEE emphasizes the importance of global standards, transatlantic dialogue, and cooperation between oversight bodies to ensure high-quality audit regulation in Europe.

Description

FEE supports the European Commission's proposed Audit Directive, which aims to improve audit quality and restore public trust in the statutory audit process.

Technical Information

  • File Format: PDF
  • File Size: 141 KB
  • Pages: 22
  • Language: EN
  • Author: Henri
  • Total Downloads: 111
  • Last Updated: 8 hours ago

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