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Summary Notes Panel Discussion On European Union And Third Country Cooperation On Audit Oversight And Regulation.pdf

Summary_Notes_Panel_on_Oversight_at_FEE_Conference_on_Audit_Regulation_071127151200911133.pdf
Preview of Summary Notes Panel Discussion on European Union and third country cooperation on audit oversight and regulation
🔗 Source: accountancyeurope.eu
📊 Size: 14 KB
👤 Author: Sylvie
⬇️ Downloads: 177

Summary

The FEE Conference on Audit Regulation panel discussion focused on European Union and third country cooperation on audit oversight and regulation. Speakers from Japan, Switzerland, the US, and the EU presented their countries' approaches to audit regulation, emphasizing the importance of cooperation, independence, and quality control. The discussion highlighted the need for cross-border cooperation, joint inspections, and reliance on each other's oversight systems. Key points included the PCAOB's objective to perform joint inspections with home country regulators, the importance of enforcement processes, and the need for experienced inspectors. The panel also discussed public reporting, with a preference for shorter timescales, and the costs of inspections for SMEs, which are being monitored by the European Commission.

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The FEE Conference on Audit Regulation panel discussion focused on European Union and third country cooperation on audit oversight and regulation.

Technical Information

  • File Format: PDF
  • File Size: 14 KB
  • Pages: 2
  • Language: EN
  • Author: Sylvie
  • Total Downloads: 177
  • Last Updated: 2 months ago

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