Department for Business, Innovation & Skills issues 'Auditor regulation: supplementary information - the implications of the EU and wider reforms'

News types: Statements

Published: 12 March 2015

On 12 March the Department for Business Innovation and Skills published a Q&A about the auditor tendering and rotation framework on the webpage for its consultation: Auditor regulation: discussion document on the implications of the EU and wider reforms

The purpose of the Q&A is to assist those preparing responses to the discussion document and/or preparing for the application of the requirements of the Regulation as from the application date on 17 June 2016.

You can find more information on the Department's Discussion Document here: 
Open Consultation - Auditor Regulation: effects of the EU and wider reforms

The Financial Reporting Council has issued its own consultation related to implementation of the EU Audit Directive and Regulation. You can find more information on this here: 
FRC consults on EU Audit Directive and Regulation impact on auditing and ethical standards

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