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

A representative from the PRH participates in EGAOB (European Group of Auditors’ Oversight Bodies). As a result of the European Audit Reform, the EGAOB is called the CEAOB (Committee of European Auditing Oversight Bodies) from 17 June 2016.

The PRH Auditor Oversight Unit also participates in the EAIG (European Audit Inspection Group). The EAIG shares European quality inspection methods, plans and findings in order to promote consistency.

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.

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 14.09.2016