A Comparison between the Control Systems of the Quality for the Financial Audit in Romania and Spain
Author:
Ioana Iuliana POP (GRIGORESCU), Ph.D Student
JEL:
M42
DOI:
Keywords:
ISQC1, Technical Audit Norms, quality control, public surveillance, external control of the quality
Abstract:
During this study it has been explained the way in which have been transposed the regulations of the European Directive 2006/43/EC regarding the quality control system of the financial audit in the Romanian and Spanish legislation and also it has been realised a comparative analysis of the particularities of the internal and external control system of the financial audit quality in Romania and Spain.\r\nThe research methodology is a qualitative one. The comparison is present all along the research.\r\nThe obtained conclusions sustain the idea that in Romania and Spain have been made important steps in harmonising the quality control systems, the discovered differences being more as form than fond ones, therefore being less significant.\r\nAt the end of the paper, based on the identified differences, the author made improvement proposals of the quality control systems in the two countries.\r\n