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The 15th plenary meeting of the European Audit Inspection Group (EAIG) was hosted by the Polish Audit Oversight Commission in Warsaw on June 23 and 24 2015. The meeting was chaired by the UK’s Financial Reporting Council (FRC). Matters discussed included information sharing on topics relevant to the 2014 Audit Directive and Regulation; an analysis of findings from the EAIG database of inspection findings related to the quality control of audits and audit firms and an update on the extension of the Common Audit Inspection Methodology (CAIM) to certain aspects of audit engagement reviews. A meeting was also held with the European leadership of Deloitte.
The EAIG provides a pan-European platform for cooperation among audit regulators. The primary purpose of the EAIG is to...
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