The profession of financial auditor

In accordance with Article 13 of Law No 162/2017, ASPAAS authorises financial auditors who have been authorised in another Member State.

According to the Order of the President of ASPAAS No 54/2018, financial auditors who have been authorised in another Member State and who request authorisation in Romania must cumulatively meet the following conditions:

• to have the right to practice as a financial auditor¹ in the home Member State²;
• to meet the conditions of good reputation provided for in Article 5 of Law No 162/2017;
• to pass the aptitude test organised by ASPAAS, in accordance with the provisions of Article 13(3) of Law No 162/2017;

¹ “Profession of financial auditor” means the profession of auditor, regardless of the name under which that profession is regulated in that Member State.

² “Home Member State” means the Member State in which the financial auditor is authorised in accordance with Article 3(1) of Law No 162/2017.