International co-operation

The PRH is actively involved in co-operation with other authorities at the Nordic, European and international level.

Nordic co-operation

The Nordic audit oversight bodies have a meeting once a year.

European co-operation

The PRH Auditor Oversight Unit is a member of the CEAOB (Committee of European Auditing Oversight Bodies). The CEAOB’s tasks are set out in EU regulation 537/2014 on audit of Public Interest Entities (PIE). The CEAOB has a number of working groups in which the PRH Auditor Oversight Unit participates.

Market monitoring

Under the EU law, the PRH has a statutory duty to monitor the audit market and prepare national market monitoring reports for an EU database. Our first report provides basic information about the Finnish audit market. The main observations of the report are summarised in the following document:

Market monitoring report 2015 (pdf, 0.87 Mb)

Other international co-operation

The PRH is a member of IFIAR (International Forum of Independent Audit Regulators) and participates in some of its working groups.

In March 2018, IFIAR released its sixth annual survey of findings identified by its Members in their individual inspections of audit firms affiliated with six large, international audit firm networks. Read more on IFIAR's web site.

The PRH Auditor Oversight Unit is also involved in bilateral co-operation with the PCAOB (Public Companies Accounting Oversight Board) in the USA, and the FAOA (Federal Audit Oversight Authority) in Switzerland.

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Latest update 09.04.2018