Nine months after the implementation deadline, we present an updated state of play of this process in 31 European countries, including 28 EU Member States. We have further analysed Member States’ decisions and visualised the potential outcomes for the key options regarding:
- providing non-audit services
- mandatory audit firm rotation
- organising public oversight
To provide a better overview and make information easier to understand, from this March Update on, information on non-audit services and mandatory audit firm rotation is displayed in a more detailed way.
For more information on the state of play regarding implementation in the different Member States, the European Contact Group – an informal grouping of the six largest accounting networks in the EU – has an online database available at http://www.8cld.eu.