Embed Size (px)
Citation preview
Józef KrólPresidentNational Chamber of Statutory Auditors, Poland
Challenges facingthe National Chamber
of Statutory Auditors (KIBR)in the coming years
Moscow, July 2nd, 2014
2
A CHANGE OF THE 43RD DIRECTIVE –
THE MOST IMPORTANT CHANGES (1/2)
1. No further quality controls by the Chamber in audit firms that perform audits in PIE’s.
2. Obligatory rotation for audit firms that perform audits in PIE’s.
3. „Black list” of services for audit firms that perform audits in PIE’s.
4. Limit for remuneration for audit firms that perform audits in PIE’s for non-audit services.
3
A CHANGE OF THE 43RD DIRECTIVE –
THE MOST IMPORTANT CHANGES (2/2)
5. Position of the Audit Committee in PIE’s is to be strengthened.
6. Additional audit report for the PIE’s Audit Committee.7. No practitioners in the Public Oversight Body.
4
SOME STATISTICS ON KIBR
7.185 members (statutory auditors)
1.653 audit firms, out of which:• 959 – sole practitioners• 584 – limited liability companies• 31 – civil partnerships• 23 – partnerships• 32 – limited partnerships• 5 – unlimited companies• 4 – joint-stock companies• 15 – other
ca. 11.000 candidates for statutory auditors within theKIBR’s qualifying conduct
5
CHALLENGES…
1. IT software supporting statutory auditors in auditing according to the International Standards on Auditing.
6
CHALLENGES…
2. Paper version of the audit documentation in accordance with the International Standards on Auditing.
7
CHALLENGES…
3. Help-line for statutory auditors in the Chamber.
8
CHALLENGES…
4. Separate department within the Chamber to support audit firms.
9
CHALLENGES…
5. Knowledge portal for statutory auditors.
10
CHALLENGES…
6. Electronic English-Polish dictionaryon accounting, auditing and financial
reporting.
11
CHALLENGES…
7. Comprehensive commentary on the Polish Act on Auditors.
12
CHALLENGES…
8. Training Centre for statutory auditors, candidates but also for others (finance directors, CFO’s etc.).
13
Thank you for your attention
The National Chamber of Statutory Auditors, Poland
[email protected] www.kibr.org.pl
