Preliminary chapter: General provisions.

I. – Notwithstanding any provision to the contrary, the provisions of this Title are applicable to statutory auditors in the performance of their professional activities, whatever the nature of the engagements or services they provide. They are also applicable to such persons and entities, subject to the rules specific to them, regardless of their legal status. II. – For the purposes of this Title, the term: “entity” means in particular…

The practice of the profession of statutory auditor consists in the performance, by the statutory auditor, of statutory audit assignments and other assignments entrusted to it by law or regulation. A statutory auditor may, in addition to or as part of a statutory assignment, provide services and attest, in compliance with the provisions of this Code, European regulations and the principles defined by the Code of Ethics. A statutory auditor…

No person may use the title of statutory auditor unless he fulfils the conditions referred to in the provisions of this title.

I.-With a view to his appointment, the statutory auditor shall inform in writing the person or entity whose accounts he proposes to certify of his membership of a national or international network whose exclusive activity is not statutory audit and whose members have a common economic interest. Where applicable, it shall also inform the Statutory Auditor of the total fees received by this network for services other than the certification…

The deliberations of the body mentioned in the first paragraph of I of Article L. 823-1 taken in the absence of the regular appointment of statutory auditors or on the report of statutory auditors appointed or remaining in office contrary to the provisions of this title or other provisions applicable to the person or entity in question are null and void. The action for nullity shall be extinguished if such…

Notwithstanding any provision to the contrary: 1° It is punishable by two years’ imprisonment and a fine of 30,000 euros for any manager of a person or entity required to have an auditor to fail to cause the appointment of the auditor. It is punishable by the same penalties for any manager of a person or entity required to have an auditor to fail to convene the auditor to any…

It is punishable by one year’s imprisonment and a fine of 15,000 euros for any person: 1° To use the title of statutory auditor or any titles tending to create a similarity or confusion with it, without being regularly registered on the list provided for in I of Article L. 822-1 and have been sworn in under the conditions set out in Article L. 822-10 ; 2° Illegally practising the…

It shall be punishable by six months’ imprisonment and a fine of 7,500 euros for any person to accept, perform or retain the duties of statutory auditor, notwithstanding legal incompatibilities, either in his own name or as a partner in a company of statutory auditors. .

It shall be punishable by five years’ imprisonment and a fine of 75,000 euros for any person performing the duties of statutory auditor to give or confirm false information about the situation of the legal entity or to fail to disclose to the public prosecutor any criminal acts of which they have knowledge. .