Chapter II: Status of statutory auditors

The code of ethics of the profession of statutory auditor is annexed to Section 2 of Chapter II of Title II of this book. The code of ethics of the profession of statutory auditor is annexed to Section 2 of Chapter II of Title II of this book.

The nature and duration of the activities that may be validated under the obligation provided for in article L. 822-4 are determined by order of the Minister of Justice, on the basis of a proposal from the Compagnie Nationale and after consulting the Haut Conseil. The statutory auditor shall report to the Haut Conseil or its delegate on the implementation of this training.

The specific continuing education provided for in Article L. 822-4 is forty hours. It must be completed, in continuous or discontinuous sessions, in the eighteen months preceding acceptance of an audit engagement and ensures that the knowledge and skills of the statutory auditor concerned are kept up to date. The specific continuing education obligation is met by: 1° Compulsory participation, for twenty hours, in the specific programme implemented by the…

Statutory auditors who have not carried out an audit certification engagement for three consecutive years and who have not complied during that period with the obligation provided for in I of Article L. 822-4 declare to the regional compagnie des commissaires aux comptes to which they belong, prior to accepting a new audit engagement, the conditions under which they have satisfied the specific continuing education obligation referred to in Article…

Natural persons who are members of the company and practise the profession on an individual basis must act under their family name, to the exclusion of any pseudonym or impersonal title.

Any member of a regional council or of the national council who, without a valid reason, refuses or abstains from fulfilling the obligations or carrying out the work required by the normal operation of the council or the company, shall be deemed to have resigned from the council of which he is a member, without prejudice to any disciplinary action to which he may be subject for the same reason.

I.-When a statutory auditor registered on the list mentioned in I of Article L. 822-1 has not declared the information mentioned in Article R. 821-14-7 or paid the contributions due under Article L. 821-6-1, the High Council shall give formal notice to the interested party to comply with its obligations within thirty days of receipt of the act. If the situation is not remedied within this timeframe, the Haut Conseil…

Any registered statutory auditor may request to be temporarily omitted from the list mentioned in I of article L. 822-1. The request, sent to the regional council by registered letter with acknowledgement of receipt, must state the reasons and indicate in particular the new activity that the interested party proposes to pursue and the date on which he wishes to temporarily withdraw from the company. The Regional Council shall forward…

The High Council will grant the request, omitting the person concerned from the list, if it appears that his new activity or his behaviour is not such as to undermine the moral interests of the profession. As from the notification of the decision pronouncing the omission from the list, the person concerned is no longer a member of the profession. He may not practise in his own name and under…

The statutory auditor omitted from the list pursuant to articles R. 822-25, R. 822-26 and R. 822-28 may apply for re-registration in accordance with the procedure set out in Section 1 of Chapter II of this Title, provided that the contributions due at the date of omission are up to date. The conditions of professional aptitude are assessed in accordance with the provisions in force on the day of his…