Publication

6 December 2018

GDPR: implications for auditors

Statutory auditors regularly process personal data obtained from their clients. They are therefore directly impacted by the General Data Protection Regulation (GDPR) that entered into force in May 2018.  

This publication aims to clarify what role auditors play under GDPR, i.e. whether they act as data controllers or as data processors. This distinction matters as the responsibilities allocated to each role are different. 

We conclude that in principle, statutory auditors qualify as data controllers. For non-statutory audit services, we encourage practitioners to analyse the processing of personal data on a case-by-case basis to determine whether they will be considered data controllers or data processors. Respective role and responsibilities should be stated in the engagement letter.

 

 

 

Related content

BlogGDPR one year on: its impact on auditors and accountants?

13 May 2019

Stories from PracticeWorried about the GDPR? Call your accountant!

3 December 2018

UpdateTechnology: GDPR extra

23 March 2018

BlogGetting your SME practice GDPR proof

25 January 2018

EventTax Day 2020

19 February 2020

EventDigital Day 2019: What does innovation cost?

19 November 2019

EventSME agenda for ECON: new term, what priorities?

5 November 2019

EventEvolving needs of SMEs: the profession’s role?

24 October 2019

Consultation responseIAASB consultation on Audits of Less Complex Entities

17 September 2019

PublicationTax Dispute Resolution

13 September 2019

Stories from practiceAn external CFO supports SME growth

9 September 2019

UpdateSME

6 September 2019

Team memberHarun Saki

22 July 2019

Consultation responseIAASB’s consultation on Extended External Reporting (EER) assurance

27 June 2019

UpdateSME

20 June 2019

BlogBetter business decisions with assurance on non-financial information

20 June 2019

PublicationSME hub

11 June 2019

BlogGDPR one year on: its impact on auditors and accountants?

13 May 2019

Update SME

6 May 2019

NewsWhy should I care about accountants?

2 May 2019

Blog7 ways accountants can help companies get more sustainable

24 April 2019

Team memberJúlia Bodnárová

18 April 2019

In the mediaEvolution of SME audit in Europe from the perspective of the legislation and auditing standards

10 April 2019

PublicationOur SME work in 2018

10 April 2019

Sign up for our newsletter