This paper summarizes the analysis of the differences in views expressed between CEAOB Guidelines on ESEF (issued on 28 November 2019) and Accountancy Europe Briefing Paper on ESEF (issued on 19 December 2019 “independent assurance on ESEF”).
A new challenge is being addressed worldwide, due to the COVID-19 pandemic. Given the new conditions, significant changes are expected in all areas of business, including audit and accounting. To facilitate all stakeholders, the HAASOB has created on its official website, a Useful Links section regarding audit and accounting issues arising as a consequence of the[…]
The Audit Regulation establishes a new framework for cross-border
is a private association established in 2001 with
The HAASOB, continuing its mission to function in the public interest, is taking measures to adapt its operations to the difficulties associated with the crisis due to the pandemic of corona virus (COVID 19), throughout the period of limitation set by the national Legislative Content Act on urgent measures
to address the negative consequences of the corona virus (COVID-19) crisis and the necessity to limit its spread.
The Covid-19 (Coronavirus) pandemic has a global impact and significantly affects entities and their auditors. Whilst auditors have to comply fully with required standards, the Committee of European Audit Oversight Bodies (CEAOB) wishes to emphasise certain challenges that auditors are facing due to the unprecedented scale of the outbreak, which could have an adverse effect on audit quality. CEAOB acknowledges the ESMA statement on the accounting implications of the current situation on the calculation of expected credit losses under IFRS9 as well as the statement by ESMA on the recommended actions by financial market participants, in particular those about disclosure and financial reporting.
The Hellenic Accounting and Auditing Standards Oversight Board (HAASOB), given the current situation, issues this Guideline relatively to the difficulties that may be confronted by the statutory auditors and audit firms, as a result of the Covid-19 coronavirus pandemic.
As the degree of uncertainty regarding the spread of the new Covid-19 coronavirus remains important, its economic impact, which will depend on the duration, intensity and extent of the disease, is a central topic of discussion both worldwide and at the national level of individual countries.
This paper summarizes the analysis of the differences in views expressed between CEAOB Guidelines on ESEF (issued on 28 November 2019) and Accountancy Europe Briefing Paper on ESEF (issued on 19 December 2019 “independent assurance on ESEF”).
The 6th meeting of the Inspections Sub-Group (ISG) of the CEAOB was hosted by the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg in Luxembourg on 19 and 20 June 2019. The meeting was chaired by the Cyprus Public Audit Oversight Board (CyPAOB) and was attended by 28 countries.