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. .
I.-The Haut Conseil du Commissariat aux Comptes is an independent public authority. The Haut Conseil carries out the following missions: 1° It registers the statutory auditors and third-country auditors mentioned in I of Article L. 822-1-5 and the keeping of the lists provided for in Article L. 822-1 ; 2° It adopts, under the conditions provided for in Article L. 821-14, the standards relating to the ethics of statutory auditors,…
I.-The college of the Haut conseil du commissariat aux comptes comprises: 1° Four magistrates, including: a) A member of the Cour de cassation, chairman of the Haut conseil; b) Two magistrates from the judiciary, one of whom is chairman of the restricted panel provided for in II; c) A magistrate from the Cour des comptes ; 2° The Chairman of the Autorité des marchés financiers or his representative, the Chairman…
I.-During the three years prior to their appointment, members of the High Council must not have carried out an audit engagement, held voting rights, been a member of the administrative or supervisory body or been an employee of a firm of statutory auditors.
I.-Without prejudice to the provisions of article L. 821-12-5 of this code and in I of article L. 631-1 of the Monetary and Financial Code, the staff of the High Council, as well as all natural or legal persons who, in any capacity whatsoever, participate, even occasionally, in the activity of the High Council, are bound by professional secrecy with regard to facts, acts and information of which they may…
I.-Within the limit of the ceiling provided for in I of Article 46 of Law No. 2011-1977 of 28 December 2011 on finance for 2012, the Haut Conseil du Commissariat aux Comptes shall collect the proceeds of the contributions mentioned in Article L. 821-6-1 to finance the missions defined in Article L. 821-1. II – Persons applying to be included on the list referred to in II of article L….
A Compagnie Nationale des Commissaires aux Comptes (National Association of Statutory Auditors) is hereby set up under the aegis of the Minister of Justice, as a public interest body with legal personality, responsible for representing the profession of statutory auditor to the public authorities. It shall contribute to the proper practice of the profession, to its supervision and to the defence of the honour and independence of its members. A…
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75001, Paris France
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