• Capital: Rome
  • Population: approx. 60,000,000
  • Language: Italian
  • Part of the EU since: Founder

Member bodies

Professional bodies

No. of members118,987
Institute staff50
Date of establishment1953
Local branches131 territorial chapters coordinated and supervised by CNDCEC
Subject to public oversightYes
Public oversight authorityMinistry of Justice
Involvement in Qualification and Market AccessCNDCEC
Initial educationInvolved in the definition of the university courses and combined training courses
ExaminationMember of the examination commission
Approval and registrationYes (the registration of accountants, RGS holds the register for auditors)
Continued Professional DevelopmentYes
Standard settingYes
Quality assuranceYes, Compliance oversight on CNDCEC members (Quality assurance by CONSOB for PIE auditors and RGS for non-PIE auditors)
Disciplinary measuresYes (only for accountants, CONSOB for PIE auditors and RGS for non-PIE auditors)


ProfessionsAccounting expert
(Esperto contabile, Section B)
Chartered Accountant
(Dottore commercialista, Section A)
Statutory auditor
(Revisore legale dei conti)
Professional bodyCNDCECCNDCECN/A (not a separate profession)
Protected titleYesYesYes
Reserved activitiesNoNoStatutory audit
Member of collegio sindacale that carries out also audit of financial statements
Included authorisations§ business administration,
§ corporate law,
§ finance, and
§ taxation,
thus, including the following activities or roles:
§ administration and winding up of companies and entrusted assets,
§ expert witness,
§ member of collegio sindacale (only if they are registered in the auditors’ register), i.e. an independent professional supervisory board, regulated by Italian company law, which includes professional auditors among its members
§ accounting services,
§ tax filing,
§ companies’ acts, such as the preparation of memorandum of association
§ extraordinary operations, i.e. transfer of shares, mergers, divisions, contributions
§ due diligence in extraordinary transactions, advisory services, voluntary disclosure, labour consultancy and contracts, as well as administrative matters, such as providing assistance when filing authorization to start business activities
§ tax assurance services,
§ audit of financial statements and related services (not statutory audit as defined by the EU Statutory Audit Directive),
§ depository of formal documents with electronic signature.
All same activities as accounting experts. Additionally, under their direct responsibility, members can perform the additional following services, which are characterised by the underlying high public interest, and namely:
§ audit and assurance engagement for access to public or community funds;
§ business evaluations;
§ legal assistance before tax courts (in first instance and appeal);
§ insolvency engagements from public or judicial authorities;
§ financial analysis related to listed companies;
§ capital adequacy evaluation for non- profit entities;
§ executive and judiciary sales;
§ management consulting for public entities;
§ business plan certification for access to public funds;
§ monitoring and tutorship for public funds granted to enterprises; and
§ sustainability reports and EMAS verifier.
Chartered accountants can be members of collegio sindacale even if they are not registered in the official auditors’ register.


Accounting expertChartered AccountantStatutory auditor
Regulated professionYesYesYes
Public oversight authorityTerritorial chapter of CNDCEC
Ministry of Justice
Territorial chapter of CNDCEC
Ministry of Justice
Ministry of Finance


Accounting expertChartered AccountantStatutory auditor
General initial education steps (without possible exemptions)• 3 years bachelor’s degree (economy)
• 8 months training
State exam
• 5 years master’s degree (economy) 
• 18-month training 
State exam
There are two routes to obtain the qualification of statutory auditor:
Option 1:
• First qualify as Chartered accountant or Accounting expert
• Complete 1.5 years training period
• Partially exempted from the MoF examination but must pass an additional test concerning only audit issues
Option 2:
• 3 years bachelor’s degree (economy) 
• 3 years training
• Pass examination organised by the MoF
Final step for both routes:
• Register as a statutory auditor at the MoF


Accounting expertChartered AccountantStatutory auditor
No. of qualified professionals1,298114,370Total 135,878
Active members 42,874
No. of new trainees per yearInformation not available13,7517,777
No. of people taking the professional examinationInformation not availableInformation not available (examination done by several universities)462
No. of people passing the professional examinationInformation not available306 (new members in 2018)44

Market access – qualified professionals

Accounting expertChartered AccountantStatutory auditor
Registration requiredYesYesYes
Competent authority for registrationTerritorial chapters of CNDCECTerritorial chapters of CNDCECMinistry of Economics and Finance
Cost of appointment/ registration€350 (average)€350 (average)€25
Oath requiredNoNoNo
Insurance requiredYesYesYes
Professional address requiredYes, residency or professional domicile in ItalyYes, residency or professional domicile in ItalyYes, residency or professional domicile in Italy