Ministerial Decision No. 195-3/2024 On the Adoption of Professional Standards to Exercise the Auditing and Accounting Profession
Type
Law
Issued on
30 Sept 2024 (corresponding to 27 Rabi Al-Awwal 1446 H)
Nature
Ministerial Decision
Jurisdiction
United Arab Emirates
Taxonomy
Finance & Accounting, General Professions & Ethics
Copyright
LexisNexis
Abrogates
Ministerial Decision No. 403/2015 dated 30/06/2015
The Minister of Economy,
After perusal of Federal Law No. 1/1972 on the Competencies of Ministries and Powers of Ministers, and its amendments;
Cabinet Decision No. 40/2023 on the Organisational Structure of the Ministry of Economy;
Federal Decree-Law No. 41/2023 on the Regulation of the Accounting and Auditing Profession;
Ministerial Decision No. 403/2015 on the International Standards for the Auditing Profession;
Based on the proposal of the Undersecretary of the Ministry,
Has decided the following:
Article 1 - Definitions
The same definitions contained in Federal Decree-Law No. 41/2023 referred to in this Decision shall apply unless the context requires otherwise.