FEE encourages European Member States to ensure the consistent application of the definition of networks of audit firms within the Internal Market: to this end, they should stick to the definition of networks as included in Article 2.7. of the Statutory Audit Directive. This results from the survey regarding the current network firm definitions used in all 27 EU Member States, Norway and Switzerland. The analysis of responses also focused on the current differences with the Directive and IFAC Code of Ethics network firm definition and the practical implementation issues encountered.
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