Publications
BackAt the end of last year, Commissioner Barnier submitted a Commission proposal on amending the Audit Directive as well as a proposal especially for public-interest entities. Background of the revised regulations is the Green Paper on Audit Policy from 2011, which attracted harsh criticism, in particular with regard to the independence of auditors. The Commission is convinced that the financial crisis has brought to light massive deficiencies concerning the rules applying to statutory audits of annual accounts.