Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-341-375"

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"en.20110913.34.2-341-375"2
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"I voted in favour of this resolution, aimed at imposing stricter auditing on financial institutions. It should be noted that quality auditing guarantees companies’ financial stability, and consequently has a major impact on economic stability and market confidence. I believe that it is appropriate to lay down International Standards on Auditing because the application of different standards leads to legal uncertainty. Furthermore, it is very important to ensure that audits carried out in small and medium-sized companies are adapted to the special characteristics of those companies, through the application of simplified auditing rules. I agree with the proposal aimed at tightening requirements for financial institutions’ audit reports, including disclosure requirements for the valuation of less liquid assets."@en1

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