Eb Legal Canberra
Our rapid rise to become the largest legal partnership in Australia* shows that in our case, the differences are real. Let us show you how you can benefit from these differences. `third-country audit firm` means an undertaking, irrespective of its legal form, which audits the annual accounts or consolidated accounts of a company incorporated in a third country; if the audit firm is part of a network, a description of the network and the legal and structural provisions of the network; Experiment. We offer over two decades of legal experience in our listed service areas. Quality. The quality of our work product is consistent and never compromised. Efficiency. We create added value by providing fast and cost-effective legal solutions. legal requirements and professional standards relating to statutory audit and auditors; Let us introduce you to a truly different company. A law firm that provides exceptional legal advice to its commercial and government clients from offices in all Australian states and territories. A company that offers unparalleled value for money because it manages its activities in the same way as its customers. A company that enables all team members to reach their potential by rewarding and nurturing talent solely on the basis of merit. A company that does not let itself be distracted by foreign ambitions.
A company without a permanent sense of right. 3. Member States may impose additional audit procedures or requirements or, in exceptional cases, by outsourcing parts of the International Standards on Auditing only if they result from specific national legislation on the scope of statutory auditing. Member States shall ensure that those test procedures or requirements comply with points (b) and (c) of paragraph 2 and shall notify them to the Commission and the Member States before their adoption. In exceptional cases of outsourcing of parts of an international auditing standard, Member States shall communicate to the Commission and the other Member States their specific national legislation and the reasons for maintaining it at least six months before their national adoption or, in the case of requirements already in place at the time of the adoption of an international auditing standard, at the latest within three months of the adoption of the relevant international auditing standards. a description of the legal structure and ownership; Where part of an enterprise group is audited by statutory auditors or audit entities of a third country for which there are no working arrangements within the meaning of Article 47, the auditor of the consolidated financial statements shall be responsible for ensuring that, on request, the documents relating to the statutory auditor(s) or audit firm(s) carried out by the auditor(s) of the third country are duly made available to the authorities of public oversight; including working documents relevant to the audit of the group. In order to ensure such delivery, the auditor of the consolidated financial statements shall keep a copy of those documents or accept his or her appropriate and unrestricted access with the statutory auditor(s) or audit entity(ies) upon request or take other appropriate measures. where legal or other obstacles prevent the transmission of audit documents from a third country to the auditor of the group, the documentation kept by the auditor of the consolidated financial statements shall include evidence that he has initiated appropriate procedures to obtain access to the audit documents and, in the event of non-legal obstacles arising from the laws of the countries; Evidence proving such an obstacle. `affiliated entity of an audit firm` means any entity, irrespective of its legal form, which is linked to an audit firm by co-ownership, joint control or management; It is important to ensure consistently high quality in all statutory audits. All statutory audits should therefore be carried out on the basis of international auditing standards.
Measures for the application of those standards in the Community should be adopted in accordance with Council Decision 1999/468/EC of 28 June 1999 laying down the procedures for the exercise of implementing powers conferred on the Commission (12). A technical committee or audit group should assist the Commission in assessing the technical soundness of all international auditing standards and should also include the system of public oversight bodies of the Member States. In order to achieve maximum harmonisation, Member States should only be allowed to impose additional national audit procedures or requirements where they result from specific national legislation on the scope of the statutory audit of annual or consolidated accounts, which means that those requirements have not been covered by the adopted International Auditing Standards.