This viewpoint looks at European Union (EU) audit legislation and explains in general terms what it means for companies and financial institutions that fall within its scope. Will you be affected by the legislation? What choices will you have? Which decision should you make? And is your professional services procurement strategy up to scratch?
Anyone familiar with this legislation knows that it is complex and currently undergoing implementation on a country basis. After reading the brief high-level summary (linked below), we encourage you to seek independent professional advice on what the potential implications could mean for you.