By Decision No 6/1/43 of 21 January 2022, the Audit Oversight Board of the Audit Public Oversight Body approved the amendments to the Procedure for Submitting Information on the Provision of Services by the Audit Entity to Public Interest Entities.
These changes are a continuation of the digitalisation process of the Audit Public Oversight Body and aim to facilitate communication with audit entities.
In accordance with the amendments, information on the provision of services by the audit entity to public interest entities will be provided electronically in the form approved by the Audit Oversight Board of the Audit Public Oversight Body, using the “Cabinet of the Audit Entity” located on the official website of the Audit Public Oversight Body with the use of an electronic digital signature in accordance with the legislation on electronic documents and electronic workflow.
The way in which a transparency report for the previous year is presented by audit entities with the right to provide the statutory audit of financial statements of public interest entities has also changed.
The audit entity, according to Article 37 of the Law of Ukraine “On Audit of Financial Statements and Auditing”, within 30 working days from the date of publication of the transparency report for the previous year, shall electronically notify the Audit Public Oversight Body through the “Cabinet of the Audit Entity” that the transparency report is published on its website and/or about amendments with a hyperlink to the specified location on the document.
In order to make it easier for audit entities to provide information via the “Cabinet of the Audit Entity”, it is proposed to use the User’s Guide.
