As the Statutory Audit Directive network definition and IFAC network firm definition have to be implemented in European Union Member States and by IFAC Member Bodies, FEE undertook to investigate how consistent definitions of networks and network firms currently are across Europe.
FEE has therefore launched a second survey with its Member Bodies to provide an updated insight into the existence, implementation and consistency of the network firm definition in the 27 European Union (EU) Member States and in Norway and Switzerland as at 1 July 2008. These insights into the existence and implementation of the network definition can contribute to the understanding within Europe of the similarities or differences applicable to audit firms within Europe.
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- MEMBER CENTER