CONTINUING PROFESSIONAL EDUCATION

In accordance with Article 12 of Law No 162/2017, ASPAAS ensures that statutory auditors comply with the obligation to take part in appropriate continuing professional education programmes, by organising/recognising courses. Where this task is delegated, the organisation/recognition of professional education courses for statutory auditors falls to the Chamber of Financial Auditors of Romania.

Continuing professional education activities needed to maintain a high level of practical skills and professional values cover the following fields of study:

A. Technical competence: A.1. Audit; A.2. Accounting; A.2.1. Financial accounting and reporting; International Financial Reporting Standards – IFRS; A.2.2. Cost and management accounting; A.3. Corporate governance, risk management; A.4. Business environment; A.5. Taxation; A.6. Information technology and statistics; A.7. Civil law and business law; A.8. Finance and financial management; B. Professional skills; C. Values, ethics and professional attitude; C.1. Internal quality control system (ISQC/ISQM); C.2. Professional ethics and independence.

Statutory auditors registered in the PER as active statutory auditors must complete each year at least 40 hours of continuing professional education (CPE hours), of which at least 20 hours must be structured continuing professional education hours (FPCS hours).

Statutory auditors registered in the PER as non-active statutory auditors must complete each year 50% of the total number of CPE hours, and of FPCS hours, set for active statutory auditors.

The minimum annual FPCS hour requirements set by the continuing professional education rules are as follows:

  1. all statutory auditors must complete specialised courses:

a) in the field of “Audit” (point A.1) – at least 10 hours/year; b) in the field of “Values, ethics and professional attitude” (point C) – at least 2 hours/year; c) in the other fields listed above, except those specified in points a) and b) – at least 8 hours/year.

  1. Statutory auditors who carry out statutory audit engagements at public-interest entitiesas key audit partner or engagement quality control reviewer must, in addition to the minimum requirements set out in point 1, complete specialised courses of at least 6 hours/year, in the following fields: public sector, banking, insurance, pensions and capital markets.
  1. Statutory auditors who carry out sustainability reporting assurance, in addition to

the minimum requirements set out in point 1, must complete specialised courses of at least 6 hours/year, in the following fields: legal requirements and standards for the preparation of annual and consolidated sustainability reporting; sustainability analysis; due diligence processes in relation to sustainability matters; legal requirements and assurance standards for sustainability reporting referred to in Article 32^1 of Law No 162/2017.

            Meeting the requirements on continuing professional education is a mandatory condition for the granting of the annual visa issued by ASPAAS, in accordance with the Rules on granting the annual visa for carrying out statutory audit activity, approved by Order of the President of ASPAAS No 383/2019, as amended and supplemented. Failure to meet the continuing professional education requirements constitutes an administrative breach and is sanctioned under Article 40(4) of the same Law.

As regards the recognition of continuing professional education, this applies starting with the Continuing Professional Education Programme for 2026.

Dear members of the profession,,

Please be advised that structured continuing professional education (FPCS) for 2022 is completed online on the CAFR e-learning platform in the period  8 November 2022 – 15 May 2023.

The education programme is available on the ASPAAS website and can be viewed  here, as well as on the CAFR website. Instructions for taking the courses are available on the website  cafr.ro, here:  Instructions for viewing CAFR professional education courses 2022

Important!

After this date, courses viewed on the platform will no longer count as FPCS hours for 2022 for the purpose of granting the e-visa!

Dear members of the profession,

Please be advised that, in accordance with the  Rules on the continuing professional education of statutory auditors, approved by Order of the President of ASPAAS No 90/2018, as amended and supplemented,  in the 3-year reference period (2019–2021), active statutory auditors must have at least  120 hours  of continuing professional education, of which  60 hours  must be structured continuing professional education (FPCS) hours, while non-active statutory auditors must complete 50% of the above number of hours, in accordance with the education requirements summarised in  Annex 3  to the rules referred to above.

Structured continuing professional education of statutory auditors (FPCS) for the period 2018[1]–2021 was organised as follows:

  1. Courses ORGANISED by ASPAAS or by CAFR under delegation:

For 2018 and 2019,  structured continuing professional education (FPCS) courses were organised by ASPAAS. Courses organised by CAFR in 2018–2019 are recognised  only as unstructured continuing professional education (FPCN).

Structured continuing professional education (FPCS) courses for  2020 and 2021  were/are organised by the Chamber of Financial Auditors of Romania (CAFR) under delegation, in accordance with Order of the President of ASPAAS No 426 of 2 December 2020.

All the  FPCS  hours you attended for the period  2018-2021, both those organised by ASPAAS and those organised by CAFR under delegation, can be found in your account on the online reporting platform, in the  My coursesCourses RECOGNISED by ASPAAS:”.

  1. Under the protocols concluded by ASPAAS with the Chamber of Tax Advisers (CCF) and the Body of Expert and Licensed Accountants of Romania (CECCAR), structured professional education (FPCS) hours organised by these two professional bodies are recognised as follows:

CCF:

  1. for 2019 – 
  • a maximum of 10 hours completed in person between 2 and 31 December 2019 are recognised  referred to in Article 6 of Order of the President of ASPAAS No 90/2018 (point A.5)., for 2020 – 
  • a maximum of 10 hours may be recognised, ONLY if the hours were completed IN PERSON, in the fields referred to in Article 6 of Order of the President of ASPAAS No 90/2018, except those covering the fields referred to in points A.1. Audit and A.4. Business environment. CECCAR:
  • a maximum of 10 hours may be recognised, ONLY if the hours were completed IN PERSON, in the fields referred to in Article 6 of Order of the President of ASPAAS No 90/2018, except those covering the fields referred to in points A.1. Audit and A.4. Business environment. CECCAR:
  1. for 2019 – 
  • a maximum of 10 hours completed in person between 2 and 31 December 2019 are recognised  in the fields referred to in Article 6 of Order of the President of ASPAAS No 90/2018, except those covering the fields referred to in points A.1. Audit, A.4. Business environment – specialised sectors, and point C Values, ethics and professional attitude;, for 2020 – 
  • a maximum of 10 hours may be recognised, ONLY if the hours were completed IN PERSON, in the fields referred to in Article 6 of Order of the President of ASPAAS No 90/2018, except those covering the fields referred to in points A.1. Audit and A.4. Business environment.  Courses completed with ASPAAS in 2018 (which were not mandatory) are taken into account when calculating the minimum FPCS hours completed in the 3-year reference period (2019–2021).
  • a maximum of 10 hours may be recognised, ONLY if the hours were completed IN PERSON, in the fields referred to in Article 6 of Order of the President of ASPAAS No 90/2018, except those covering the fields referred to in points A.1. Audit and A.4. Business environment.  Courses completed with ASPAAS in 2018 (which were not mandatory) are taken into account when calculating the minimum FPCS hours completed in the 3-year reference period (2019–2021).

[1] Notice on the 2020 FPCS courses, 14 December 2020

Dear members of the profession,

The programme is available on both the ASPAAS and CAFR websites and can be viewed 

The programme is available on both the ASPAAS and CAFR websites and can be viewed  here.

Dear members of the profession,

approving the Rules on the continuing professional education of statutory auditors, as amended and supplemented: “ By way of derogation from Article 3(4) and (7), statutory auditors may meet their minimum FPCS obligations for 2019 by attendingcourses organised specifically for this purpose by ASPAAS during 2020” Accordingly, on 11 and 12 August 2020, between 15:00 and 20:00, ASPAAS is organising 10 FPCS hours in statutory audit, in line with the 2019 CPE programme for statutory auditors, to help those who need to meet their minimum obligation of 10 FPCS hours for 2019..

In the interest of members of the profession and given the current context, the courses will be held online via live streaming.

These courses are open EXCLUSIVELY to members of the profession who need to meet their minimum obligation of 10 FPCS hours for 2019. 

Registration for the courses is made on the ASPAAS online platform starting today, 7 August 2020, from the account of each eligible statutory auditor, i.e. each auditor who needs 

 to meet the minimum obligation of 10 FPCS hours for 2019, in the “ Available courses” section.”.

Kind regards, ASPAAS

The courses will take place in Râmnicu Vâlcea, at Constantin Brâncoveanu University, Str. Nicolae Bălcescu nr. 39.

Kind regards, ASPAAS

Statutory auditors wishing to attend the course on 14 December 2019 must complete the registration form available at this  link. The topics covered have changed and are available at the following link:   https://www.aspaas.gov.ro/wp-content/uploads/2019/12/valcea-tematica.pdf

The exact venue of the courses will be announced later.

Kind regards,

ASPAAS

Statutory auditors wishing to attend the course on 7 December 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place in Cluj-Napoca, at Dimitrie Cantemir Christian University, Faculty of Economic Sciences Cluj-Napoca, Roman Crișan Amphitheatre (ground floor), Str. Teodor Mihali, nr. 56.

Kind regards, ASPAAS

Registration for the Audit and Code of Ethics course, Bucharest, 27 November 2019

Statutory auditors wishing to attend the course on 27 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place in Bucharest, in the Great Hall of Artifex University, Str. Economu Cezărescu, Nr. 47.

Registration for the Audit course, Bucharest, 28 November 2019

Statutory auditors wishing to attend the course on 28 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place in Bucharest, in the Great Hall of Artifex University, Str. Economu Cezărescu, Nr. 47.

Registration for the Audit course, Bucharest, 29 November 2019

Statutory auditors wishing to attend the course on 29 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place in Bucharest, in the Great Hall of Artifex University, Str. Economu Cezărescu, Nr. 47.

Kind regards, ASPAAS

Registration for the Audit and Code of Ethics course, Timișoara, 23 November 2019

Statutory auditors wishing to attend the course on 23 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place in Timișoara, at the premises of the Regional General Directorate of Public Finance (DGRFP) Timișoara, Str. Gheorghe Lazăr, nr. 9B.

Registration for the Audit and Code of Ethics course, Cluj-Napoca, 23 November 2019

Statutory auditors wishing to attend the course on 23 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place in Cluj-Napoca, at Dimitrie Cantemir Christian University, Faculty of Economic Sciences Cluj-Napoca, Roman Crișan Amphitheatre (ground floor), Str. Teodor Mihali, nr. 56.

Kind regards, ASPAAS

Statutory auditors wishing to attend the course on 21 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place in Bucharest, in the Great Hall of Artifex University, Str. Economu Cezărescu, Nr. 47.

Kind regards, ASPAAS

Registration for the Audit course, Bucharest, 19 November 2019

Statutory auditors wishing to attend the course on 19 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place in Bucharest, in the Great Hall of Artifex University, Str. Economu Cezărescu, Nr. 47.

Registration for the Audit and Code of Ethics course, Bucharest, 20 November 2019

Statutory auditors wishing to attend the course on 20 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place in Bucharest, in the Great Hall of Artifex University, Str. Economu Cezărescu, Nr. 47.

Kind regards,

ASPAAS

Registration for the Audit and Code of Ethics course, Brașov, 16 November 2019

Statutory auditors wishing to attend the course on 16 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place at the Aro Palace Hotel Brașov, Europa Hall, Bld. Eroilor nr. 27

Registration for the Audit and Code of Ethics course, Constanța, 16 November 2019

Statutory auditors wishing to attend the course on 16 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place at Ovidius High School, Strada Basarabi, Nr 2, Constanța.

Registration for the Audit and Code of Ethics course, Iași, 17 November 2019

Statutory auditors wishing to attend the course on 17 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place at Alexandru Ioan Cuza University, Bld. Carol, Nr. 11, Amphitheatre B1 in the FEEA building, Building B of the University, 1st floor.

Kind regards, ASPAAS

Statutory auditors wishing to attend the course on 14 November 2019 must complete the registration form available at this link. Information on the topics covered is available on the ASPAAS website, here: https://www.aspaas.gov.ro/wp-content/uploads/2019/11/V2_calendar-cursuri-noi-dec-20191.pdf

The courses will take place in Bucharest, in the Great Hall of Artifex University, Strada Cezărescu Economu, Bucharest.

Kind regards, ASPAAS

 Dear members of the profession,

Under Article 12(2) of Law No 162/2017 on the statutory audit of annual financial statements and consolidated annual financial statements and amending certain legal acts: “ASPAAS organises continuing education programmes for statutory auditors„.

Accordingly, in November–December 2019 ASPAAS is organising a series of structured continuing professional education courses for statutory auditors, in line with the Rules on the continuing professional education of statutory auditors issued by ASPAAS.

  Information on the course schedule is available by accessing this link.

Statutory auditors wishing to attend the courses must complete the registration form available at the links that will be accessible in the days preceding each course.

The exact venue of the courses in each centre will be announced later, when the registration forms are launched.

  We look forward to seeing you at the ASPAAS courses!

Kind regards,

ASPAAS

Dear members of the profession, Registration for the structured continuing professional education courses organised by ASPAAS in Bucharest is made via the following link:  https://forms.gle/L1TYT1iEABPkAivv9. Please register only if you intend to attend the course. The form will be deactivated once the maximum capacity of the course room has been reached. Kind regards, ASPAAS

Under Article 12(2) of Law No 162/2017 on the statutory audit of annual financial statements and consolidated annual financial statements and amending certain legal acts, “ASPAAS organises continuing education programmes for statutory auditors”.

In line with the Rules on the continuing professional education of statutory auditors issued by ASPAAS, a series of structured continuing professional education courses for statutory auditors is being organised in June 2019.

Information on the course schedule, the topics covered and the lecturers is available by accessing this link.

Statutory auditors wishing to attend the courses must complete the registration form available via the links that will be made available in the coming days.

The courses will take place in Bucharest, at Intrarea Pielari nr. 1 – Grigore Trancu Iași Amphitheatre.