New audit legislation of the European Union

The European Parliament and the Council have revised the audit legislation of the European Union by issuing a new directive and regulation in April 2014.

The EU Audit Regulation enters automatically into force as of 17.6.2016. The Finnish legislative proposal is presently being negotiated in the Parliament. The changes in the audit directive and the new audit regulation will provide a single framework and serve as a new legislative basis for the audit sector.

Further information: marja.hanski(at)tem.fi