International cooperation
The Authority for the Public Oversight of Statutory Audit Activity (ASPAAS) is a member of the Committee of European Auditing Oversight Bodies (CEAOB).
The CEAOB was established under Regulation (EU) No 537/2014 and operates under its own rules of procedure drawn up in accordance with Article 30(18) of Regulation (EU) No 537/2014.
The CEAOB is the framework for cooperation between competent audit oversight authorities in the European Union and aims to contribute to effective cooperation between competent authorities in order to maximise the effectiveness of the EU legal framework on audit, in particular the framework created by Regulation (EU) No 537/2014 and Directive 2014/56/EU amending Directive 2006/43/EC on statutory audits of annual accounts and consolidated accounts.
The CEAOB is organised into several subgroups; ASPAAS is a member of the Audit Standards Subgroup, the Inspections Subgroup and the Enforcement Subgroup.
As a member, ASPAAS, through its representatives, takes part each year in the conferences, workshops and webinars organised by the CEAOB and its subgroups.
ASPAAS is also a member of the International Forum of Independent Audit Regulators(IFIAR), founded in Paris in 2006 by the independent audit regulators of 18 countries.
IFIAR currently has 58 members from around the world.
ASPAAS’s membership of IFIAR is essential, both for the benefits ASPAAS gains from the knowledge and good practices of more experienced authorities and for strengthening its position as an authority (membership of this forum guarantees that the Romanian authority meets certain quality conditions, including independence from auditors and audit firms, and ensures high-quality oversight through the flow of information made available to members).
As an IFIAR member, ASPAAS, through its representatives, takes part in the conferences, workshops and webinars organised by IFIAR.
The schedule of participation by ASPAAS representatives in events organised by the CEAOB and IFIAR is detailed in the section Public agenda.
