BETA

10 Amendments of Jean-Paul GAUZÈS related to 2011/0359(COD)

Amendment 307 #
Proposal for a regulation
Article 16 – paragraph 5 – subparagraph 1 – point c
(c) an audit plan setting out the probable scope and method of the statutory audit; and, where more than one statutory auditor or audit firm have been appointed, the distribution of tasks among the appointed statutory auditors or audit firms and the rotation plan established in accordance with Article 33(1).
2012/10/29
Committee: ECON
Amendment 336 #
Proposal for a regulation
Article 23 – paragraph 2 – point e
(e) describe the distribution of tasks among the statutory auditor(s)s and/or the audit firm(s);, and the rotation of those tasks individually allocated pursuant to Article 33(1).
2012/10/29
Committee: ECON
Amendment 344 #
Proposal for a regulation
Article 24 – paragraph 1
The audit committee of the public-interest entity shall monitor the work of the statutory auditor(s) or audit firm(s) carrying out the statutory audit, and, when more than one statutory auditor or audit firm have been appointed, the distribution of tasks between them and their rotation.
2012/10/29
Committee: ECON
Amendment 413 #
Proposal for a regulation
Article 33 – paragraph 1 – subparagraph 1
The public-interest entity shall appoint a statutory auditor(s) or audit firm(s) for an initial engagement that shall not be shorter than twohree years. The maximum duration of an engagement shall not exceed 6 years.
2012/10/29
Committee: ECON
Amendment 422 #
Proposal for a regulation
Article 33 – paragraph 1 – subparagraph 2
The public-interest entity may renew this engagement only once.deleted
2012/10/29
Committee: ECON
Amendment 434 #
Proposal for a regulation
Article 33 – paragraph 1 – subparagraph 3
The maximum duration of the combined two engagements shall not exceed 6 yearsWhere one statutory auditor or audit firm has been appointed, the public-interest entity may renew an engagement only once.
2012/10/29
Committee: ECON
Amendment 444 #
Proposal for a regulation
Article 33 – paragraph 1 – subparagraph 4
Where throughout a continuous engagement of 6 years twomore than one statutory auditors or audit firms have been appointed, the maximum duration of the engagement of eachrotation of tasks individually allocated to each of the statutory auditors or audit firms shall not exceed 9 yearsoccur at least every 6 years. In the event such a rotation does not occur, renewal of an engagement is not allowed.
2012/10/29
Committee: ECON
Amendment 454 #
Proposal for a regulation
Article 33 – paragraph 3
3. By way of derogation from paragraphs 1 and 2, on an exceptional basis the public-interest entity may request the competent authority referred to in Article 35(1) to grant an extension to re-appoint the statutory auditor or audit firm for an additional engagement. In case of appointment of two statutory auditors or audit firms, this third engagement shall not exceed three years. In case of appointment of one statutory auditor or audit firm, this third engagement shall not exceed two years.deleted
2012/10/29
Committee: ECON
Amendment 474 #
Proposal for a regulation
Article 33 – paragraph 6 – subparagraph 1
ESMA shall develop draft regulatory technical standards to specify technical requirements on the performance of statutory audits by more than one statutory auditor or audit firm including the rotation of tasks referred to in paragraph 1 and the content of the handover file referred to in paragraph 6. 5.
2012/10/29
Committee: ECON
Amendment 480 #
Proposal for a regulation
Article 40 – paragraph 5 – subparagraph 1 – point b
(b) adequate compliance testing of procedures and a review of audit files of public interest entities in order to verify the effectiveness of the internal quality control system, including appropriate implementation of the provisions of Article 33(1), in particular regarding the rotation of tasks;
2012/10/29
Committee: ECON