What you need to know about Joint Audit
The European Audit Reform has been adopted by the co-legislators of the European Union and is expected to become effective by mid-2016. As professionals with significant experience working within this system, we would like to present you with a guide that explains the main features of Joint Audit, its application and its associated benefits.
The European Audit Reform has been adopted, giving an important incentive to Joint Audit. We would like to therefore provide you with an easy to understand document that explains:
- What is a Joint Audit?
- To which entities does Joint Audit apply?
- How are joint auditors appointed?
- How does Joint Audit work in practice?
- How is the overall audit work allocated between joint auditors?
- Will Joint Audit be an additional burden for audited entities?
- What is the cost of Joint Audit?
- What are the benefits of Joint Audit?
- How does the European Audit Reform embrace Joint Audit?
- What has been France’s experience with Joint Audit?