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News (Auditing)

2016

17.11.2016
The Commission requests Greece to transpose the Audit Directive (2014/56/EU) into the national law and to notify it to the Commission (MEMO/16/3644)
25.07.2016
The European Commission adopted Commission Implementing Decision (EU) 2016/1223 recognising the equivalence of certain third country public oversight systems, and extending the transitional period for audit activities of auditors and audit entities of some other third countries in the European Union
15.07.2016
The European Commission adopted two decisions recognising the equivalence and adequacy of the US auditor oversight authorities (Daily News 15/07/2016)
13.07.2016
New framework for cross-border cooperation on audit supervision (Daily News 13/07/2016)
21.06.2016
European Commission adopted Commission Implementing Decision (EU) 2016/1010 on the adequacy of the competent authorities of certain third countries and territories pursuant to Directive 2006/43/EC
17.06.2016
The new EU audit rules take effect (IP/16/2238)
31.05.2016
The Commission services published an additional 'questions and answers' document to help facilitate the transition to the new EU rules on statutory audit
11.03.2016
On 4 March 2016, about 80 participants attended a one-day stakeholder workshop on the implementation of the new EU audit rules organised by the European Commission, DG Financial Stability, Financial Services and Capital Markets Union
10.03.2016
Slovakia adopted on 11 November 2015 the new Act on statutory audit. An English translation is also available
03.02.2016
The European Insurance and Occupational Pensions Authority (EIOPA) launched on 3 February a consultation, running until 28 April 2016, on draft Guidelines to facilitate the dialogue between insurance supervisors and auditors
01.02.2016
The Commission services published an additional “questions and answers” document on the new EU rules on statutory audit to help smooth the path to implementation

2015

26.10.2015
The European Banking Authority (EBA) launched on 21 October 2015 a consultation, running until 21 January 2016, on draft Guidelines on the communication between competent authorities supervising credit institutions and statutory auditors and audit firms carrying out the statutory audit of those institutions
28.09.2015
Portugal adopted on 7 September 2015 the new Estatuto da Ordem dos Revisores Oficiais de Contas and on 9 September 2015 the Regime Jurídico da Supervisão de Auditoriapdf
26.08.2015
Spain adopted on 20 July 2015 the Ley de Auditoría de Cuentaspdf
23.06.2015
Commissioner Jonathan Hill delivers a keynote speech on 'The contribution of the audit to the capital markets union' at the FEE Audit Conference in Brussels (SPEECH/15/5251)

2014

03.09.2014
The Commission services published “Questions and answers” in order to facilitate the implementation of the new EU regulatory framework on statutory audit, and contribute to a consistent application of the new framework across the Union
28.07.2014
The consolidated version of Directive 2006/43/EC is now available
16.06.2014
New legislation (Directive 2014/56/EU and Regulation 537/2014) to improve the quality of statutory audit across the EU has now entered into force (EXME 14 / 16.06)
27.05.2014
The Official Journal of the European Union published the amending Directive and the new Regulation on statutory audit
03.04.2014
The European Parliament approved the preliminary agreement on a revised Directive and a new Regulation on statutory audit (STATEMENT/14/104)

2013

17.12.2013
The European Parliament and EU Member States reached a provisional agreement on the reform of the audit sector (MEMO/13/1771)
04.12.2013
Commissioner Barnier welcomes trilogue agreement by Council and Parliament on the EU co-financing of EFRAG, IFRS Foundation and PIOB (MEMO/13/1093)

2012

28.03.2012
The Monitoring Group issues a Consultation Paperpdf Choose translations of the previous link  on the Governance Review of the international standard setting for auditors and the PIOB issues a Consultation Paperpdf Choose translations of the previous link  on its work programmepdf Choose translations of the previous link .

2011

30.11.2011
Restoring confidence in financial statements: the European Commission aims at a higher quality, dynamic and open audit market (IP/11/1480 Choose translations of the previous link )
19.05.2011
EU Audit Policy Info-letter – Spring 2011pdf Choose translations of the previous link 
06.04.2011
Commission requests Cyprus to establish an effective public oversight system (IP/11/415 Choose translations of the previous link )
03.03.2011
Interviews with speakers at the Auditing conference ↗
04.02.2011
The Commission has published the summary of responses as well as individual replies to the consultation on audit policy which was launched on 13 October 2010
19.01.2011
Commission decision lays the foundation for reinforced international cooperation on the supervision of auditors (IP/11/50 Choose translations of the previous link )

2010

13.10.2010
European Commission conference: Financial reporting and auditing. A time for change? (9–10.02.2011)
13.10.2010
The European Commission consults on how the European audit market can be improved (IP/10/1325 Choose translations of the previous link )
13.10.2010
EU Audit Policy Info-letter – Autumn 2010pdf Choose translations of the previous link 
01.09.2010
The European Commission green lights the exchange of audit working papers with Australia and the United States of America (IP/10/1083 Choose translations of the previous link )
22.06.2010
Call for tender: study on the effects of the implementation of the “acquis” on statutory audits of annual and consolidated accounts including the consequences on the audit market (MARKT/2010/15/F)
11.06.2010
Monitoring Group issues Consultation Paper on its assessment of the implementation of the IFAC reforms 1pdf Choose translations of the previous link , 2pdf Choose translations of the previous link 
27.04.2010
Commissioner Barnier will launch a Green Paper on auditing in the autumn
19.03.2010
Competent authorities for the tasks provided for in the Statutory Audit Directivepdf Choose translations of the previous link  (2006/43/EC)
11.03.2010
Commission publishes the results of the public consultation on the adoption of International Auditing Standards (ISA) in the EU
09.03.2010
Links to public registers of statutory auditors and audit firmspdf Choose translations of the previous link 
09.03.2010
Competent authorities for the tasks provided for in the Statutory Audit Directivepdf Choose translations of the previous link  (2006/43/EC)
08.03.2010
Scoreboard on the status of implementation of the Directive on statutory audit (2006/43/EC) in Member States
05.02.2010
The European Commission gives green light to the co-operation of Member States with Canada, Japan and Switzerland on the exchange of audit working papers (IP/10/136 Choose translations of the previous link )
05.02.2010
The European Commission gives green light to the co-operation of Member States with Canada, Japan and Switzerland on the exchange of audit working papers (IP/10/136 Choose translations of the previous link )