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Auditing – Revised Audit Directive (8th Company Law Directive)
The Directive updates provisions of the earlier Audit Directive and introduces new provisions on public oversight, third country auditors and various other matters. The Directive was published on 9 June 2006 and came into force on 29 June 2006.
A copy of the DTI consultation document on the negotiation of the proposal, including a copy of the Commission proposals, the summary of consultees’ responses and the Government response (URN 05/1005 & 04/1382) can be viewed or obtained by clicking on the REPORTS and PUBLICATIONS link at the top right hand corner of this page. Further information about the Directive is available on the Commission's website on EU company law and Corporate Governance (please see the link on the right of this page).
Implementation of Directive 2006/43/EC on Statutory Audits of Annual and Consolidated Accounts (8th Company Law Directive)
The Department published on 5 March 2007 a consultation document on implementing options for this Directive (URN 07/609). The consultation closed on 1 June 2007. Government conclusions and a set of draft regulations were published on Thursday 19 July. You are invited to send comments and supporting evidence on any part of the consultation by email to AuditDirective@berr.gsi.gov.uk the deadline for responses is Monday 15 October 2007.
DBERR lead: Amita Randhawa– tel: 020 7215 3585
mailto:amita.randhawa@berr.gsi.gov.uk