Ministerial Decision No. 195-3/2024 On the Adoption of Professional Standards to Exercise the Auditing and Accounting Profession

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.

Article 2 - Standards of the Profession