Atribuții 2017-06-09T08:40:56+00:00

ATTRIBUTIONS

Main attributions of CSIPPC:

  • To supervise, according to the annual plan, the quality control regarding the statutory audit;
  • To monitor the way in which the Romanian legal framework transposes the European Regulation regarding the independence of statutory auditors;
  • To inform the Government and other authorities regarding the public oversight of the accountancy profession and the manner in which the International Standards of Audit are adopted in Romania;
  • To constantly improve the general framework, to approve the procedures concerning the periodical investigations and to ensure the proper implementation by the Romanian Chamber of Financial Auditors (CAFR);
  • To supervise the investigations and follow-up on their results;
  • To supervise the activity of the CAFR regarding the approval and registration of statutory auditors and audit firms in the Public Registry;
  • To supervise the activity of CECCAR regarding the approval and registration of its members;
  •  To supervise the norms and regulations elaborated by the CAFR regarding the statutory audit;
  • To prepare and publish its own standards related to the public oversight of the accountancy profession;
  • To supervise the continuous education of the statutory auditors and members of CECCAR;
  • To conduct its own investigations regarding statutory auditors/audit firms/accountancy profession and to take proper action when needed;
  • To analyze the annual report sent by CAFR regarding the quality control activity and, if necessary, to make CAFR implement corrective measures.