The profession of statutory auditors relies on public trust, which is why their activities require adherence to specific ethical standards. So what should auditors keep in mind to ensure they do not to lose their right to practice?
The level of the minimum wage has been subject to heated discussions over the years between employers' unions, the government and trade unions. This time, the parties quickly reached an agreement and 2019 will be a good year for those who earn the least.
In mid-August, the Ministry of Finance started work on a draft law, which provides for the creation of a new institution to supervise the activities of audit firms. The new law is intended to reduce the risk for investors and restore confidence in statutory auditors, which was damaged after the recent disclosure of improper practices by GetBack.