Key Benefits:
Chapter 1 Preliminary provisions
Chapter 2 Submission of declarations
Chapter 3 Penalty provisions
Chapter 4 Entry into force into force
Announcements on the declarations of auditors (Declarations Notice)
In accordance with paragraph 16 (1). 4, and Section 54 (4). Two, in Law No 468 of 17. June 2008, on approved auditors and auditors (revision of the auditing law), shall be determined :
Preliminary provisions
§ 1. Accountant is the representative of the public at the time of making declarations of security required under the law, or which are not intended solely for the profession of enquier. The same applies when it comes to the submission of statements on management reports.
Paragraph 2. Accountant must devise declarations and opinions independently of the recruits and in the light of the conditions to which the recipients may be expected to add value when making decisions. The auditor must therefore take a position on all matters unless they are insignificant for the purpose of the declaration and the opinion, and secondly does not appear in the legislation and so on.
Paragraph 3. The auditor must devise the declarations and opinions in a unique and easily understandable language.
Paragraph 4. The beneficiaries shall be assumed in this notice to be the persons, undertakings and public authorities, etc., where decisions are normally expected to be influenced by the declarations and opinions.
§ 2. For the purposes of this notice, the accounts shall mean :
1) a annual report, annual accounts, a financial statement, a partial annual report, a partial annual accounts and a partial annual account of accounts in accordance with the annual accounts bill, and
2) a different corresponding accounts which are not covered by No 2. 1, which at least contains a result account, a balance and explanatory notes, and which serves a general purpose and is directed towards a broad range of users.
Submission of declarations
Revisions of audits on audited accounts
§ 3. An audit record of accounts shall be the auditor ' s declaration of the audit carried out.
Paragraph 2. In the event of a review of the annual accounts and any accounting records, any accounting records shall be included in the annual report, which shall include all the parties to the general obligation to share them. In addition, if the annual report contains a management report that has not been revised, the audit certificate shall also include an opinion from the auditor, cf. Section 5 (5). 1, no. 7.
Paragraph 3. In parent undertakings, which shall be held as referred to in section 2 (2), 1 or 2 and which provide for group accounts, a common audit certificate shall be made for the annual accounts and the group accounts. The provisions of section 5 to 8 shall apply mutatis mutis.
§ 4. Is it agreed that the auditor should make a declaration with security on one or more additional reports that are part of an annual report, the declarations for the reports shall be prepared separately. Such declarations shall be drawn up in accordance with section 13-16.
§ 5. The audit predictions shall at least contain the following in the said order :
1) An identification of the accounts that are audited and the accounting framework used in its preparation,
2) mention of auditor's responsibility for the audit, and a review of the audit carried out, cf. paragraph 2,
3) proviso in accordance with section 6, or the indication that the endorsement is without prejudice, cf. paragraph 3,
4) a conclusion concerning the audit carried out, cf. paragraph 4-6,
5) additional information relating to matters relating to the accounts, cf. Section 7 (2). 1,
6) additional information relating to other matters, cf. Section 7 (2). 2, and
7) where the management report is drawn up, an opinion from the auditor on whether the auditor's reading of the management report, based on the audit of the annual accounts and any group accounting records, has given rise to observations, cf. paragraph Seven and eight.
Paragraph 2. The review of the responsibilities of the auditor and of the audit carried out shall be informed of the purpose and nature of the audit and of the audit standards used in the audit. It must be disclosed separately if the audit includes something other than the accounts.
Paragraph 3. Where the endorsement is unreservied, the auditor shall be clearly and highlighted : 'The audit has not given rise to any reservations'.
Paragraph 4. The conclusion shall be indicated whether the accounts have been drawn up in accordance with the legislation and possible other requirements for the clearance of accounts. It shall be informed as to whether the accounts, where it is required by law or in other provisions, provide a fair representation of the assets and liabilities, financial position of the undertaking and the outcome in accordance with it ; the accountancy conceptual framework used or satisfies other similar general quality requirements.
k. 5 The conclusion shall be either unreserve; without prejudice, without prejudice, without prejudice, without prejudice, without prejudice, without prejudice to : paragraph 6. If the auditor cannot express a conclusion on the accounts, this must be indicated in a separate section following the "Reservations" section.
Paragraph 6. A deriving conclusion contains information that the accounts do not satisfy the requirement that it should give a true image of the assets and liabilities, financial position of the undertaking and the outcome in accordance with the applicable data ; accounting conceptual framework, or does not meet the corresponding general quality requirements.
Paragraph 7. The opinion on the management report shall, if there is no conformity to the accounts or any group accounting, and this is due to errors in the management report which are not insignificant, contain information on the possible failure to : discrepancies exist. In addition, if the auditor is aware of significant deficiencies and shortcomings in the management report, the opinion shall also include a description of it.
Paragraph 8. The information provided in paragraph 1 1, no. 7, shall be indicated in a separate section entitled : ' Opinion on the management report '.
Niner. 9. The revision of the audit shall be dated and signed by the auditors chosen to carry out the audit. Where an auditor is elected, the revision of the audit certificate shall be signed by the auditors to whom the revision is transferred. The name and the name of the audit establishment and the name of the auditor, whether the person is a state certified or registered auditor, cf. however, paragraph 1 10 shall be clearly stated in the endorsement.
Paragraph 10. An accountant approved in accordance with Article 10 (1) of the auditor Act. Paragraph 1 shall indicate the professional title to which the person concerned is entitled under the terms of rules implementing the European Parliament and Council Directive on statutory audits of annual accounts and consolidated accounts.
§ 6. Accountant must be subject to the revision of the audit certificate if :
1) the auditor on the basis of the audit evidence obtained concludes that the accounts contain significant errors or deficiencies ; or
2) The auditor shall not be able to obtain sufficient and appropriate audit evidence to conclude that the accounts are without any significant errors.
Paragraph 2. Reservations for paragraph 1. 1 shall always be taken when :
1) the accounts do not satisfy the requirement that it should give a true image of the company ' s assets and liabilities, financial position and the outcome in accordance with the accounting concept of the accounts, or it does not comply with others ; comparable, general quality requirements,
2) the accounts do not contain the information required or do not satisfy the requirements to exclude required information, unless the information is insignificant ;
3) uncertainty relating to the statement of the accounts or exceptional circumstances which have affected it is not sufficiently enlightened ;
4) the accounts shall be made subject to continuous operation, but the auditor considers that the prerequisite is not fulfilled ;
5) the fact that the accounts are not adequately informed of the auditor shall be ;
6) the auditor may not express a conclusion concerning parts of the accounts or the accounts as a whole, or
7) the accounts, moreover, are not made in accordance with the requirements of the legislation or any other provisions of other provisions to be made available to the clearance of accounts.
Paragraph 3. Taking auditor reservations, this must be clearly stated in the review drawing. The relationship must be entered in a separate section entitled : "Reservations".
Paragraph 4. The auditor must clearly justify its reservations in the review declaration.
Paragraph 5. The auditor must indicate, if a reservation is of such crucial importance, that it leads to the general meeting not to approve the accounts.
§ 7. The auditor must provide additional information on any possible balance sheet in the auditing drawing, as an auditor shall point out without prejudice.
Paragraph 2. Accountant must always provide additional information provided that the legislation on the keeping of accounts and the retention of accounts has not been complied with, and that violation is not insignificant. In addition, additional information shall be provided on matters of which the auditor has become acquainted with its work and which gives a reasoned opinion that members of the management may be liable to irreplaceable or liability for actions or liability ; any omissions affecting the company, affiliated undertakings, business participants, creditors or employees ; The following must always be reported for infringement of :
1) Chapter 28 of the penal code and the tax, tax and subsidy legislation,
2) the company law or equivalent legislation of the undertaking, or
3) the legislation on the admission of accounts, including the accounting and storage of accounting material.
Paragraph 3. Supplementary information shall not replace any reservations.
Paragraph 4. Information referred to in paragraph 1 1 shall be indicated in a separate paragraph entitled ' Additional information relating to the accounts ', while the information referred to in paragraph 1 shall be as follows : 2 must be specified in a separate section entitled ' Supplementary information relating to other matters `.
§ 8. Where the drawing-drawing is referred to the accounts, the reference shall be made to specific records or notes in the accounts or to the specific paragraphs of a possible management report.
Statements for review (review) of accounts
§ 9. A review of the accounts shall at least contain the following in the said order :
1) An identification of the permeated accounts ;
2) a mention of the auditor ' s responsibility, cf. paragraph 2,
3) a reference to the contents of the review carried out (review), including that revision has not been carried out,
4) reservations, cf. § 10,
5) a conclusion, cf. paragraph 3 and 4 and
6) additional information, cf. § 11.
Paragraph 2. The reference to the auditor's responsibility must be informed about the standards applied to the audit audit.
Paragraph 3. The auditor's conclusion must be expressed as to whether the auditor in its review (review) has become aware of the facts which give rise to the conclusion that the accounts do not give a fair representation of the assets and liabilities of the undertaking, the financial position of the undertaking ; as well as the outcome in accordance with the accounting conceptual framework or other similar, general quality requirements (Restrimited Security).
Paragraph 4. The conclusion shall be either unreserve; without prejudice, without prejudice, without prejudice, or of cancer, cf. Section 5 (5). 5. If the auditor cannot express a conclusion on the accounts, this must be indicated in a separate section following the "Reservations" section.
Paragraph 5. The declaration must be dated and signed by the auditors selected to perform the review. Where an auditor is elected, the declaration of the certificate or auditors shall be signed to whom the review is handed over. The name and the name of the audit establishment and the name of the auditor, whether the person is a state certified or registered auditor, cf. however, paragraph 1 The endorsement shall be clearly shown in the endorsement.
Paragraph 6. An accountant approved in accordance with Article 10 (1) of the auditor Act. Paragraph 1 shall indicate the professional title to which the person concerned is entitled under the terms of rules implementing the European Parliament and Council Directive on statutory audits of annual accounts and consolidated accounts.
§ 10. The auditor must, in the declaration, take a reservation in the cases provided for in section 6 (2). 1.
Paragraph 2. Taking auditor reservations, this must be clearly stated in the declaration. The relationship must be entered in a separate section entitled : "Reservations".
Paragraph 3. The auditor must clearly justify its reservations in the declaration.
§ 11. The auditor shall in the Declaration provide additional information on any circumstances that may be made by the auditor without prejudice to any reservations.
Paragraph 2. Supplementary information shall not replace any reservations. This information must be entered in a separate section entitled ' Supplementary information `.
§ 12. Where the declaration is referred to the accounts, the reference shall be made to specific records or notes in the accounts or to specific paragraphs in a possible management report.
Other Declarations with Security
§ 13. Compenes auditor other declarations with security that are not covered by Section 3 to 12, the rules in section 14-16 shall apply.
§ 14. A declaration of security after Article 13 must at least contain the following in the said order :
1) An identification of the relationship, where declaration (declaration subject) and a description of the declaration of the declaration,
2) a reference to the auditor ' s responsibility and the work carried out, cf. paragraph 2,
3) reservations, cf. § 15,
4) a conclusion on the work carried out, cf. paragraph 3-5, and
5) additional information, cf. § 16.
Paragraph 2. In the tranche of the work carried out, the purpose and character of the declaration must be reported. The standards shall be reported to be informed.
Paragraph 3. In a declaration task with a high degree of security, the auditor's conclusions shall express whether the declaration gives a true image or has been drawn up in accordance with the criteria used, it is assessed or measured by. In a declaration of limited security, the auditor ' s conclusion shall express whether the auditor at the work carried out has become aware of the facts which give rise to the conclusion that the declaration does not give a true picture or is not a true one or is not ; drawn up in accordance with the criteria used, it is assessed or measured by.
Paragraph 4. The conclusion shall be either unreserve; without prejudice, without prejudice, without prejudice, or of cancer, cf. paragraph 5. If the auditor cannot express a conclusion on the declaration of the declaration, this must be indicated in a separate section after the "Reservations" section.
Paragraph 5. A cancer conclusion contains information that the declaration of the declaration does not give a true picture or has not been drawn up in accordance with the criteria used, it is assessed or measured.
Paragraph 6. The declaration shall be dated and signed by the auditors selected to carry out the declaration of the declaration. Where an auditor is elected, the declaration of the certificate or accountants shall be signed by the statement of the declaration. The name and the name of the audit establishment and the name of the auditor, whether the person is a state certified or registered auditor, cf. however, paragraph 1 7 shall be clearly stated in the declaration.
Paragraph 7. An accountant approved in accordance with Article 10 (1) of the auditor Act. Paragraph 1 shall indicate the professional title to which the person concerned is entitled under the terms of rules implementing the European Parliament and Council Directive on statutory audits of annual accounts and consolidated accounts.
§ 15. The auditor must, in the declaration, take a reservation if the information that has been put into account for the work carried out has been flawed, with significant errors or deficiencies or auditor is unable to obtain sufficient and appropriate evidence to conclude that : The declaration of the declaration is without any significant errors. In addition, the auditor must be subject to uncertainties, whose uncertainties are not sufficiently informed, and this uncertainty is not insignificant.
Paragraph 2. Taking auditor reservations, this must be clearly stated in the declaration.
Paragraph 3. The auditor must clearly justify its reservations in the declaration.
§ 16. The auditor shall in the Declaration provide additional information on any circumstances that may be made by the auditor without prejudice to any reservations.
Paragraph 2. Supplementary information shall not replace any reservations.
Penalty provisions
§ 17. The withdrawal of section 1 (2). 2, sections 3-12 and § § 14-16 are punished with fine.
Paragraph 2. Companies can be imposed on companies, etc. (legal persons) punishable by the rules of the penal code 5. Chapter.
Entry into force into force
§ 18. The announcement shall enter into force on 1. July 2008.
Paragraph 2. The provisions of section 1 (1). ONE, TWO. pkt., section 3, paragraph TWO, TWO. pkt., section 5, paragraph 1. 1, no. 7, and section 5 (5). 7 and 8, concerning the auditor's statements on management reports, shall enter into force on 1. September 2008 and shall take effect for the financial years beginning on 1. September 2008 or later. In the meantime, this notice shall apply mutatis mutandis to such management reports, with the adaptations resulting from the management report as a statement of assurance of the annual report, similar to the annual accounts and, if applicable, Corportial accounts.
