Directive 2006/43/EC - Statutory Audit Directive

Version status: Entered into force | Document consolidation status: Updated to reflect all known changes

Published date: 9 June 2006

Directive 2006/43/EC - Statutory Audit Directive

	Recitals
	Chapter I Subject Matter and Definitions (arts. 1-2)
	Article 1 Subject matter
	Article 2 Definitions
	Chapter II Approval, Continuing Education and Mutual Recognition (arts. 3-14a)
	Article 3 Approval of statutory auditors and audit firms
	Article 3a Recognition of audit firms
	Article 4 Good repute
	Article 5 Withdrawal of approval
	Article 6 Educational qualifications
	Article 7 Examination of professional competence
	Article 8 Test of theoretical knowledge
	Article 9 Exemptions
	Article 10 Practical training
	Articke 11 Qualification through long-term practical experience
	Article 12 Combination of practical training and theoretical instruction
	Article 13 Continuing education
	Article 14 Approval of statutory auditors from another Member State
	Article 14a Statutory auditors approved or recognised before 1 January 2024 and persons undergoing the approval process for statutory auditors on 1 January 2024
	Chapter III Registration (arts. 15-20)
	Article 15 Public register
	Article 16 Registration of statutory auditors
	Article 17 Registration of audit firms
	Article 18 Updating of registration information
	Article 19 Responsibility for registration information
	Article 20 Language
	Article 20a Accessibility of information on the European single access point
	Chapter IV Professional Ethics, Independence, Objectivity, Confidentiality and Professional Secrecy (arts. 21-25d)
	Article 21 Professional ethics and scepticism
	Article 22 Independence and objectivity
	Article 22a Employment by audited entities of former statutory auditors or of employees of statutory auditors or audit firms
	Article 22b Preparation for the statutory audit and assessment of threats to independence
	Article 23 Confidentiality and professional secrecy
	Article 24 Independence and objectivity of the statutory auditors carrying out the statutory audit on behalf of audit firms
	Article 24a Internal organisation of statutory auditors and audit firms
	Article 24b Organisation of the work
	Article 25 Audit and assurance fees
	Article 25a Scope of the statutory audit
	Article 25b Professional ethics, independence, objectivity, confidentiality and professional secrecy as regards the assurance of sustainability reporting
	Article 25c Prohibited non-audit services in cases where the statutory auditor carries out the assurance of sustainability reporting of a public-interest entity
	Article 25d Irregularities
	Chapter V Auditing Standards and Audit Reporting (arts. 26-28a)
	Article 26 Auditing standards
	Article 26a Assurance standards for sustainability reporting
	Article 27 Statutory audits of consolidated financial statements
	Article 27a Assurance of consolidated sustainability reporting
	Article 28 Audit reporting
	Article 28a Assurance report on sustainability reporting
	Chapter VI Quality Assurance (art. 29)
	Article 29 Quality assurance systems
	Chapter VII Investigations and sanctions (arts. 30-31)
	Article 30 Systems of investigations and penalties
	Article 30a Sanctioning powers
	Article 30b Effective application of sanctions
	Article 30c Publication of sanctions and measures
	Article 30d Appeal
	Article 30e Reporting of breaches
	Article 30f Exchange of information
	Article 31 Auditors' liability
	Chapter VIII Public Oversight and Regulatory Arrangements Between Member States (art. 32-36a)
	Article 32 Principles of public oversight
	Article 33 Cooperation between public oversight systems at Community level
	Article 34 Mutual recognition of regulatory arrangements between Member States
	Article 35 Designation of competent authorities
	Article 36 Professional secrecy and regulatory cooperation between Member States
	Article 36a Regulatory arrangements between Member States as regards the assurance of sustainability reporting
	Chapter IX Appointment and Dismissal (arts. 37-38)
	Article 37 Appointment of statutory auditors or audit firms
	Article 38 Dismissal and resignation of statutory auditors or audit firms
	Chapter X Audit Committee (arts. 39-43)
	Article 39 Audit committee
	Article 40 Transparency report
	Article 41 Audit committee
	Article 42 Independence
	Article 43 Quality assurance
	Chapter XI International Aspects (arts. 44-47)
	Article 44 Approval of auditors from third countries
	Article 45 Registration and oversight of third-country auditors and audit entities
	Article 46 Derogation in the case of equivalence
	Article 47 Cooperation with competent authorities from third countries
	Chapter XII Transitional and Final Provisions (art. 48-55)
	Article 48 Committee procedure
	Article 48a Exercise of the delegation
	Article 49 Amendment of Directive 78/660/EEC and Directive 83/349/EEC
	Article 50 Repeal of Directive 84/253/EEC
	Article 51 Transitional provision
	Article 52 Minimum harmonisation
	Article 53 Transposition
	Article 54 Entry into force
	Article 55 Addressees
	Done at