3 Amendments of Rolandas PAKSAS related to 2010/2037(INI)
Amendment 23 #
Draft opinion
Paragraph 1
Paragraph 1
Amendment 32 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Considers that companies need better information about the quality of services that smaller audit firms can supply; recognises that companies need access to independent auditors and audit firms that possess a broad range of skills; considers auditor independence to be an essential requirement to promote confidence in financial reporting; believes that auditors should be prohibited from providing services to the audited company that give rise to a breach of applicable independence requirements;
Amendment 40 #
Draft opinion
Paragraph 2
Paragraph 2
2. Believes companies should conduct a compulsory open tendering process for statutory appointments of external auditthat the right to appoint or re- appoint the statutory auditor should be exercised by the shareholders; supports every eight years, on a renewable basis; notes that for SIFIs this should be reduced to every four yearsgreater transparency around the decision to appoint or reappoint the statutory auditor which should be based on a proposal from the Audit Committee;