Press Release: Reforming EU audit services to restore investors’ confidence

On 3 April 2014, the European Parliament adopted in plenary session the amended Directive on Statutory Audit and the Regulation on specific requirements regarding the statutory audit of public-interest entities.

The new rules will considerably improve audit quality across the European Union and will ensure that auditors are key contributors to economic and financial stability.

• Primary Source

ESO: Background information: Commissioner Michel Barnier welcomes provisional agreement in trilogue on the reform of the audit sector http://www.europeansources.info/record/memo-commissioner-michel-barnier-welcomes-provisional-agreement-in-trilogue-on-the-reform-of-the-audit-sector/

European Commission: RAPID: MEMO/14/256: Reform of the EU Statutory Audit Market - Frequently Asked Questions http://europa.eu/rapid/press-release_MEMO-14-256_en.pdf

European Commission: RAPID: STATEMENT/14/104: European Parliament backs Commission proposals on new rules to improve the quality of statutory audit http://europa.eu/rapid/press-release_STATEMENT-14-104_en.pdf

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