{"id":5806,"date":"2018-10-24T11:10:55","date_gmt":"2018-10-24T09:10:55","guid":{"rendered":"https:\/\/elte.org.gr\/?p=5806"},"modified":"2021-04-01T11:13:45","modified_gmt":"2021-04-01T09:13:45","slug":"5806","status":"publish","type":"post","link":"https:\/\/elte.org.gr\/en\/2018\/10\/24\/5806\/","title":{"rendered":"8th CEAOB Plenary Meeting"},"content":{"rendered":"<a href=\"https:\/\/elte.org.gr\/wp-content\/uploads\/2021\/04\/CEAOB_8th_plenary_meeting.pdf\" class=\"button primary is-primary is-medium\"  >\n\t\t<span>\u039a\u03b1\u03c4\u03ad\u03b2\u03b1\u03c3\u03bc\u03b1\/\u039c\u03b5\u03c4\u03b1\u03c6\u03cc\u03c1\u03c4\u03c9\u03c3\u03b7<\/span>\n\t<\/a>\n\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>On 24 October 2018 the Committee of European Auditing Oversight Bodies (CEAOB) held its 8th plenary meeting in Brussels.<br \/>\nMain outcomes<br \/>\nThe members adopted the CEAOB&#8217;s 2019 Work Programme as well as the sub-groups&#8217; 2019 Work Plans and Terms of Reference. It also adopted a comment letter relating to the IAASB&#8217;s exposure draft on ISA 315, the market monitoring indicators to be used for the next national market monitoring reports and a third country adequacy technical assessment. An update on financial statements in the European Single Electronic Format (ESEF) and a potential way forward regarding the implication for auditors were discussed in the plenary. Other topics discussed by the members covered CEAOB&#8217;s stakeholder outreach approach for 2019 and developments in relation to Brexit.<br \/>\nThree CEAOB member authorities gave presentations on their public oversight systems and procedures focusing on recent changes and sharing experiences and best practice with the other members.<\/p>\n<p>Activities of the sub-groups<br \/>\nThe sub-group chairs gave an update on their respective work streams:<br \/>\nThe chair of the International auditing standards sub-group updated the members on the on-going analysis of differences between the international auditing standards and the EU and national legal framework and the work performed on the comment letter relating to the IAASB&#8217;s exposure draft on ISA 315 (Identifying and Assessing the Risks of Material Misstatement).<br \/>\nThe Enforcement sub-group chair informed the members on the launch of the Enforcement statistics questionnaire 2018.<br \/>\nThe International equivalence and adequacy sub-group chair gave an update on on-going technical assessments of third countries and informed the members on the future launch of a survey on third country auditors.<br \/>\nThe Inspections sub group coordinators reported on their recent activities, in particular the preparations for the next meeting in Vienna in November, where there will be a joint meeting with the ISA sub-group involving the standard setters (IAASB and IESBA) as well as a meeting between Inspection sub-group members and PwC.<\/p>\n<p>The Market monitoring sub-group chair gave an update on the work on the market monitoring indicators and the audit committee questionnaire.<br \/>\nStakeholder outreach<br \/>\nAs part of its stakeholder outreach activity the CEAOB invited Mr. Nic van der Ende (Dutch Central Bank), as a guest speaker on the global banking regulators\u2019 priorities and activities in relation to auditors and audit regulation.<br \/>\nFor further information please contact EC-CEAOB-SECRETARIAT@ec.europa.eu.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 24 October 2018 the Committee of European Auditing Oversight Bodies (CEAOB) held its 8th plenary meeting in Brussels.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[],"class_list":["post-5806","post","type-post","status-publish","format-standard","hentry","category-announcements"],"_links":{"self":[{"href":"https:\/\/elte.org.gr\/en\/wp-json\/wp\/v2\/posts\/5806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elte.org.gr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elte.org.gr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elte.org.gr\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/elte.org.gr\/en\/wp-json\/wp\/v2\/comments?post=5806"}],"version-history":[{"count":2,"href":"https:\/\/elte.org.gr\/en\/wp-json\/wp\/v2\/posts\/5806\/revisions"}],"predecessor-version":[{"id":5810,"href":"https:\/\/elte.org.gr\/en\/wp-json\/wp\/v2\/posts\/5806\/revisions\/5810"}],"wp:attachment":[{"href":"https:\/\/elte.org.gr\/en\/wp-json\/wp\/v2\/media?parent=5806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elte.org.gr\/en\/wp-json\/wp\/v2\/categories?post=5806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elte.org.gr\/en\/wp-json\/wp\/v2\/tags?post=5806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}