IDEAS home Printed from https://ideas.repec.org/a/sdo/regaec/v22y2013i1_10.html
   My bibliography  Save this article

European Policies On Auditing In Times Of Crisis

Author

Listed:
  • García Benau, María Antonia
  • Zorio Grima, Ana
  • Novejarque Civera, Josefina

Abstract

The European Union has responded to the financial crisis by taking measures to stabilize the financial system and to promote economic growth in the Member States. In the audit field, in 2010 the document Green Paper Audit Policy: Lessons from the Crisis, shows the intention of the European Commission to assume an international leadership in auditing , promoting cooperation within the Financial Stability Board and the G-20. This document was followed by the European Parliament resolution of 13 September 2011 on Audit Policy: Lessons from the Crisis, a new Proposal for a Directive of the European Parliament and of the Council amending Directive 2006/43/EC and also a new Proposal for a Regulation of the European Parliament and Council on the specific requirements regarding statutory audit of public-interest entities. This paper highlights the visibility that the European Commission has given to the auditors’ work. Therefore, the aim of this paper is to discuss the audit regulatory model introduced in Europe. Our paper shows that European regulation intends to reach a greater control over auditing activity. Our paper provides some thoughts on whether such regulation will improve the quality of auditing.

Suggested Citation

  • García Benau, María Antonia & Zorio Grima, Ana & Novejarque Civera, Josefina, 2013. "European Policies On Auditing In Times Of Crisis," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 22(1).
    • Handle: RePEc:sdo:regaec:v:22:y:2013:i:1_10
    as

    Download full text from publisher

    File URL: https://revistas.usc.gal/index.php/rge/article/view/1277
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sdo:regaec:v:22:y:2013:i:1_10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marisa Chas-Amil (email available below). General contact details of provider: https://edirc.repec.org/data/feusces.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.