Thursday 3 April 2014

Europe: Parliament adopts statutory audit reform proposals

The European Parliament, in plenary session, has adopted legislative proposals to reform the EU statutory audit market. The proposals - in the form of a Directive and Regulation - now require formal adoption by the Council, expected later this month. Publication of the legislation is expected in the Official Journal within the next three months. For further information about the proposals, which include the introduction of mandatory audit firm rotation, see here.

No comments: