Auditing and Assurance Standards and Guidance

Ethical Standards for Auditors

Ethical Standard(s) for Auditors - applicable in Ireland - applicable for periods beginning before 17 June 2016

Regulation (EU) 537/2014 on specific requirements regarding statutory audit of public-interest entities and repealing Commission Decision 2005/909/EC

Title IV Surveillance of the activities of statutory auditors and audit firms carrying out statutory audit of public-interest entities
CHAPTER II Quality assurance, market monitoring, and transparency of competent authorities
Article 28 Transparency of competent authorities
Competent authorities shall be transparent and shall at least publish:
(a)annual activity reports regarding their tasks under this Regulation;
(b)annual work programmes regarding their tasks under this Regulation;
(c)a report on the overall results of the quality assurance system on an annual basis. This report shall include information on recommendations issued, follow-up on the recommendations, supervisory measures taken and sanctions imposed. It shall also include quantitative information and other key performance information on financial resources and staffing, and the efficiency and effectiveness of the quality assurance system;
(d)the aggregated information on the findings and conclusions of inspections referred to in the first subparagraph of Article 26(8). Member States may require the publication of those findings and conclusions on individual inspections.
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