Limited assurance standards by 1 July 2027

What is the requirement, in plain English?

The Commission must adopt delegated acts providing for limited assurance standards no later than 1 July 2027. The standards are to cover engagement planning, risk consideration and response, and the type of conclusion in the assurance report, and they must be developed with due process, public oversight and transparency and add credibility and quality.

What evidence does a regulator or an auditor ask for?

The assurance plan and the engagement letter referencing the standard in force at the reporting date, with the standard's adoption date.

Which dates matter?

• Limited assurance standards due: 1 July 2027

The transposition deadline for Articles 1 to 3 of the amending directive is 19 March 2027 (Article 5). For Article 4 it is 26 July 2028, applied from 26 July 2029.

What does it cross-reference?

• Article 1(5) of this amending Directive
• 2006/43/EC Article 48a

How do I check a draft against this provision?

Paste your draft into the reading. The reading returns, per provision, whether a phrase specific to this requirement appears in your own words, quoted, with the article cited here. Where a line reaches nothing it reads no mapping identified.

Not legal advice; does not certify. Every field on this page carries its own source pointer, and the record is replayed by the pages, the check and the export from one reviewed record.