natgillin/translations-raw huggingface dataset:
The rapporteur has thus proposed some amendments intended to provide clarification, other amendments which take into consideration the specific characteristics of certain banking structures (savings and cooperative banks) and various other amendments concerning the audit committee, the rotation principle, the scope of services offered by the auditor and liability (the latter has not been taken up by the Commission).
The rapporteur has thus proposed some amendments intended to provide clarification, other amendments which take into consideration the specific characteristics of certain banking structures (savings and cooperative banks) and various other amendments concerning the audit committee, the rotation principle, the scope of services offered by the auditor and liability (the latter has not been taken up by the Commission).
Most of these subjects have also been the subject of discussion in the Council.
Most of these subjects have also been the subject of discussion in the Council.
The obligation to create an audit committee would mean for some listed SMEs that their board would automatically be identical with the audit committee and that at least one member of the board must have auditing expertise.
The obligation to create an audit committee would mean for some listed SMEs that their board would automatically be identical with the audit committee and that at least one member of the board must have auditing expertise.
Thus, the obligation to create an audit committee could lead to a change of board members.
Thus, the obligation to create an audit committee could lead to a change of board members.
Nevertheless, the benefit of having professional expertise seems to render such a change worthwhile.
Nevertheless, the benefit of having professional expertise seems to render such a change worthwhile.
When an audit committee is created, steps must be taken to ensure that the chairman of the board is not the head of the audit committee, as amended.
When an audit committee is created, steps must be taken to ensure that the chairman of the board is not the head of the audit committee, as amended.
Apart from the changes for SMEs, there is one other party, which is more negatively affected: Special Purpose Vehicles (SPVs).
Apart from the changes for SMEs, there is one other party, which is more negatively affected: Special Purpose Vehicles (SPVs).
As SPVs do not pursue activities other than the issue of securities the obligation to create an audit committee is not justified.
As SPVs do not pursue activities other than the issue of securities the obligation to create an audit committee is not justified.
Therefore there should be an exception concerning the obligation to install an audit committee (see amendment).
Therefore there should be an exception concerning the obligation to install an audit committee (see amendment).
The rotation principle generally should be welcomed as it ensures independence.
The rotation principle generally should be welcomed as it ensures independence.
On the one hand, rotation has disadvantages such as additional costs, the loss of know-how and therefore the danger of mistakes.
On the one hand, rotation has disadvantages such as additional costs, the loss of know-how and therefore the danger of mistakes.
On the other hand, it reinforces independence and objective assessment.
On the other hand, it reinforces independence and objective assessment.
The rotation of the key audit partner(s) should take place at least every seven years with an engagement interval of at least 2 years.
The rotation of the key audit partner(s) should take place at least every seven years with an engagement interval of at least 2 years.
The scope of services offered by audit firms should not be limited to purely auditing.
The scope of services offered by audit firms should not be limited to purely auditing.
Often problems such as tax questions or the need for experts' opinions arise during the auditing process and consequently are most easily solved by the auditor.
Often problems such as tax questions or the need for experts' opinions arise during the auditing process and consequently are most easily solved by the auditor.
However, consulting services should not become more important than auditing services.
However, consulting services should not become more important than auditing services.
Therefore the scope of non-audit services should be limited (see amendment).
Therefore the scope of non-audit services should be limited (see amendment).
Unlimited liability does not produce any advantages.
Unlimited liability does not produce any advantages.
On the contrary: where liability is unlimited, audit firms can not pay the compensation and entities do not get back the money they have lost.
On the contrary: where liability is unlimited, audit firms can not pay the compensation and entities do not get back the money they have lost.
Thus, an amendment proposes the introduction of a liability cap.
Thus, an amendment proposes the introduction of a liability cap.
Majandus- ja rahanduskomisjon palub vastutaval õiguskomisjonil lisada oma raportisse järgmised muudatusettepanekud:
The Committee on Economic and Monetary Affairs calls on the Committee on Legal Affairs, as the committee responsible, to incorporate the following amendments in its report:
Seetõttu peaksid nende suhtes kehtima ranged konfidentsiaalsuse ja ametisaladuse eeskirjad, samas ei tohiks need takistada raamatupidamisstandardite nõuetekohast täitmist.
They should therefore be bound by strict rules on confidentiality and professional secrecy which, however, should not impede proper enforcement of accounting standards.
Nimetatud konfidentsiaalsuse eeskirjad peaksid kehtima ka iga audiitori või audiitorühingu suhtes, kes ei ole enam konkreetse auditeerimisülesandega seotud;
These confidentiality rules should also apply to any statutory auditor or audit firm which has ceased to be involved in a specific audit task.
The professional secrecy requirement does not come to an end with the audit task.
The professional secrecy requirement does not come to an end with the audit task.
The general scope of this requirement should be emphasised, therefore.
The general scope of this requirement should be emphasised, therefore.
Kui nad satuvad olukorda, mis võib nende sõltumatust ohustada, peaksid nad auditeerimiskohustusest loobuma.
If they find themselves in a situation that might lead to an impairment of their independence, they should resign from the audit engagement.
Kui nad satuvad olukorda, kus ohtude mõju nende sõltumatusele on isegi pärast nimetatud ohtude vähendamiseks mõeldud kaitsemeetmete kohaldamist liiga suur , peaksid nad auditeerimiskohustusest loobuma või sellest keelduma .
If they find themselves in a situation where the significance of threats to their independence, even after application of safeguards to mitigate these threats, is too high, they should resign or abstain from the audit engagement.
Oht audiitori või audiitorühingu sõltumatusele on näiteks otsene või kaudne finantshuvi auditeeritava üksuse suhtes.
Threats to the independence of a statutory auditor or audit firm may include for example a direct or indirect financial interest in the audited entity.
Samuti võib audiitori või audiitorühingu sõltumatust ohustada auditeeritavalt üksuselt auditeerimisväliste teenuste osutamise eest saadud tasu suurus ja/või struktuur.
Also the level of fees for non-audit services received from one audited entity and/or the structure of the fees may threaten the independence of a statutory auditor or audit firm.
Audiitorid ja audiitorühingud võivad osutada auditeerimisväliseid teenuseid eeldusel, et viimased ei ohusta nende sõltumatust.
Statutory auditors and audit firms may offer non-audit services provided they do not compromise their independence.
Liikmesriikidel tuleks lubada kehtestada täiendavaid auditeerimismenetlusi üksnes juhul, kui need tulenevad kohustusliku auditi ulatusega seotud erinõuetest.
Member States should be allowed to impose additional audit procedures if these follow from specific requirements relating to the scope of the statutory audit.
Kõik kohustuslikud auditid tuleks seetõttu läbi viia rahvusvaheliste auditeerimisstandardite kohaselt pärast seda, kui komisjon on need vastavalt käesoleva direktiivi artikli 26 lõike 2 sätetele vastu võtnud.
All statutory audits should therefore be carried out on the basis of international auditing standards once these have been adopted by the Commission in accordance with the provisions of Article 26(2) of this Directive.
Komisjoni peaks rahvusvaheliste auditeerimisstandardite (ISAde) tehnilise usaldatavuse hindamisel abistama tehniline komitee või auditirühm ning sellesse tuleks kaasata ka liikmesriikide riiklike järelevalveorganite süsteem.
A technical committee or group on auditing should assist the Commission in assessing the technical soundness of the international standards on auditing (ISAs), and should also involve the system of public supervisory bodies of Member States.
Eesmärgiga saavutada ühtlustamine võimalikult suures ulatuses, tuleks liikmesriikidel lubada kehtestada täiendavaid auditeerimismenetlusi või nõudeid üksnes juhul, kui need tulenevad raamatupidamise aastaaruannete või konsolideeritud raamatupidamise aastaaruannete kohustusliku auditiga seotud siseriiklike õigusaktide erinõuetest , mis tähendab, et need nõuded ei sisaldu vastuvõetud rahvusvahelistes auditeerimisstandardites .
In order to achieve a maximum degree of harmonisation, Member States should only be allowed to impose national additional audit procedures or requirements if these follow from specific national legal requirements relating to the statutory audit of annual or consolidated accounts, meaning that these requirements have not been covered by the adopted ISAs.
Liikmesriikide kehtestatud mistahes lisanõuded peaksid suurendama ettevõtete raamatupidamise aastaaruannete usaldatavust ning aitama kaasa üldsuse heaolule.
Any additional requirements imposed by Member States should help to give the annual accounts of companies a high level of credibility and be conducive to the public good.
Ülaltoodu tähendab, et liikmesriigid võivad nõuda näiteks audiitori täiendavat aruannet järelevalvenõukogule või kehtestada muid nõudmisi aruandluse ja auditi kohta, mis põhinevad ettevõtete juhtimist käsitlevatel siseriiklikel õigusaktidel.
The above implies that Member States may for example require an additional auditor’s report to the supervisory board or lay down other reporting and audit requirements based on national corporate governance rules.
One problem lies in the fact that the ISA principles, devised by the auditing profession, are still incomplete, as well as being too lax and, in some cases, still in the process of revision.
One problem lies in the fact that the ISA principles, devised by the auditing profession, are still incomplete, as well as being too lax and, in some cases, still in the process of revision.
Member States should therefore be free to lay down more stringent auditing principles at national level as and where they think fit.
Member States should therefore be free to lay down more stringent auditing principles at national level as and where they think fit.
In particular, they should also be allowed to introduce national auditing principles not relating to the scope of audits.
In particular, they should also be allowed to introduce national auditing principles not relating to the scope of audits.
Conversely, they must be prevented from drawing up less stringent principles than the ISAs.
Conversely, they must be prevented from drawing up less stringent principles than the ISAs.
(12) ühenduses kohaldatava rahvusvahelise auditeerimisstandardi vastuvõtmiseks on vaja, et see oleks rahvusvaheliselt üldtunnustatud ning välja töötatud kõikide huvitatud poolte täielikul osalusel avatud ja läbipaistva menetluse alusel, et see suurendaks raamatupidamise aastaaruannete ja konsolideeritud raamatupidamise aastaaruannete usaldusväärsust ning aitaks kaasa Euroopa üldsuse heaolule .
(12) To adopt an international auditing standard for application in the Community, it is necessary that it is generally accepted internationally and that it has been developed with full participation of all interested parties following an open and transparent procedure, that it adds to the credibility of annual accounts and consolidated accounts and that it is conducive to the European public good.
Vastuvõtmise menetluse käigus peaks komisjon konsulteerima Euroopa Parlamendi ja nõukoguga ning kutsealade ja ettevõtete esindajatega, et tagada Euroopa huvi nõuetekohane arvessevõtmine.
During the adoption procedure, the Commission should consult the European Parliament and the Council, and representatives of the profession and firms, with a view to ensuring that due account is taken of the European interest.
Steps should be taken to avoid the problems which arise in connection with the adoption of international accounting standards (IAS) by the Commission and to ensure that the proposed procedure is transparent and open.
Steps should be taken to avoid the problems which arise in connection with the adoption of international accounting standards (IAS) by the Commission and to ensure that the proposed procedure is transparent and open.
Kvaliteedi tagamist käsitlevate artikli 29 sätete kohaldamiseks võivad liikmesriigid sätestada, et kui üksikaudiitoritel on ühine kvaliteedi tagamise poliitika, on ainsad nõuded, mida tuleb arvesse võtta need, mis on kohaldatavad audiitorühingutele.
For the application of the provisions of Article 29 on quality assurance, Member States may provide that, if individual auditors have a common quality assurance policy, the only requirements which need to be considered are those applicable to audit firms.
Liikmesriigid võivad korraldada kvaliteedi tagamise süsteemi selliselt, et iga üksikaudiitori töö kvaliteeti kontrollitakse iga kuue aasta tagant.
Member States may organise the system of quality assurance in such a manner that each individual auditor shall be subject to a quality assurance review every 6 years.
This amendment is an outcome of the discussions in the Council for Parliament to adopt in order to reach a single reading.
This amendment is an outcome of the discussions in the Council for Parliament to adopt in order to reach a single reading.
Notwithstanding equal conditions concerning the quality assurance must be provided thus it should take place at an equal rhythm in every Member State, i.e. every six years.
Notwithstanding equal conditions concerning the quality assurance must be provided thus it should take place at an equal rhythm in every Member State , i.e. every six years.
Liikmesriigid võivad lubada muid nimetamise süsteeme tingimusel, et need ei ohusta audiitori sõltumatust auditeeritavast üksusest.
Member States may allow alternative systems for the appointment provided that these do not threaten the independence of the auditor from the audited entity.
(23) käesoleva direktiivi rakendamiseks vajalikud meetmed tuleks vastu võtta vastavalt nõukogu 1999. aasta otsusele 1999/468/EÜ, millega kehtestatakse komisjoni rakendusvolituste kasutamise menetlus, ja võttes nõuetekohaselt arvesse komisjoni Euroopa Parlamendis 5. veebruaril 2002 tehtud avaldust finantsteenuste valdkonda reguleerivate õigusaktide rakendamise kohta.
(23) The measures necessary for the implementation of this Directive should be adopted in accordance with Council Decision 1999/468/EC of 1999 laying down the procedures for the exercise of implementing powers conferred to the Commission and with due regard to the declaration made by the Commission in the European Parliament on 5 February 2002 concerning the implementation of financial services legislation.
Selleks luuakse komitee, mis abistab komisjoni;
For that purpose a committee which assists the Commission shall be set up.
Selleks luuakse komitee, mis abistab komisjoni.
For that purpose a committee which assists the Commission shall be set up.
Komisjon peaks nõuetekohaselt arvestama Euroopa Parlamendi volitustega ja eriti selle tagasikutsumisõigusega, eelkõige seoses käesoleva direktiivi artikli 21 lõikes 2 ja artiklis 48 ettenähtud komitee eelisõigustega.
The powers of the European Parliament, and, in particular, its right of call-back, should be duly taken into account by the Commission, in particular in connection with the prerogatives of the committee provided for in Articles 21(2) and 48 of this Directive.
The comitology procedure established by means of the Lamfalussy procedure must not lead to the adoption of political principles at level 2.
The comitology procedure established by means of the Lamfalussy procedure must not lead to the adoption of political principles at level 2.
On the same basis as the Council, Parliament must be able to check that the European Commission is observing this principle and, if that is not the case, it must have the means to intervene.
On the same basis as the Council, Parliament must be able to check that the European Commission is observing this principle and, if that is not the case, it must have the means to intervene.
(23 a) Euroopa Parlamendil peaks olema pärast talle rakendusmeetmete eelnõu esmast edastamist aega kolm kuud, et meetmetega põhjalikult tutvuda ning esitada oma arvamus.
(23a) The European Parliament should have three months from when the draft implementing measures are first forwarded to scrutinise them and give its opinion.
Kui Euroopa Parlament antud aja jooksul resolutsiooni vastu võtab, peaks komisjon meetmete eelnõu vastavalt otsuse 1999/468/EÜ artiklile 8 uuesti läbi vaatama.
If Parliament adopts a resolution within that period, the draft measures are to be re ‑examined by the Commission in accordance with Article 8 of Decision 1999/468/EC.
5) võrgustik - laiem struktuur, millesse audiitor või audiitorühing kuulub,
(5) "Network" means the larger structure to which a statutory auditor or an audit firm
ning mis kasutab ühist margitoote nime või mille kaudu jagatakse professionaalseid ressursse;
belongs and which makes use of a common brand-name or through which professional resources are shared ;
5) võrgustik - on koostöö edendamise eesmärgiga laiem struktuur, millesse audiitor või audiitorühing kuulub ning mille selge eesmärk on jagada tulusid ja kulusid või millel on ühised omanikud, kontroll või juhtimine, ühine kvaliteedipoliitika ja -menetlused, ühine äristrateegia, mis kasutab ühist margitoote nime või kasutab ühiselt märkimisväärset osa professionaalseid ressursse;
(5) "Network" means the larger structure aimed at cooperation to which a statutory auditor or an audit firm belongs and which is clearly aimed at profit and cost sharing or shares common ownership, control or management, common quality policies and procedures, a common business strategy, the use of a common brand-name or a significant part of professional resources;
Notwithstanding the definition of "Network" should be not too wide as it should not include every imaginable kind of cooperation.
Notwithstanding the definition of "Network" should be not too wide as it should not include every imaginable kind of cooperation.
9) rahvusvahelised auditeerimisstandardid - rahvusvahelised auditeerimisstandardid (ISA) ja nendega seotud rahvusvahelise auditeerimispraktika normid niivõrd, kui need puudutavad kohustuslikku auditit;
(9) "International auditing standards" means International Standards on Auditing (ISA) and related International Audit Practice Statements , in so far as relevant to the statutory audit;
9) rahvusvahelised auditeerimisstandardid - rahvusvahelised auditeerimisstandardid (ISA) ja nendega seotud standardid niivõrd, kui need puudutavad kohustuslikku auditit;
(9)"International auditing standards" means International Standards on Auditing (ISA) and related standards , in so far as relevant to the statutory audit;
Apart from ISA it should be only referred to related Standards such as International Standard on Quality Control 1 (ISQC 1) but not to related International Audit Practice Statements because they have a lower level of authority and serve more as best practice.
Apart from ISA it should be only referred to related Standards such as International Standard on Quality Control 1 (ISQC 1) but not to related International Audit Practice Statements because they have a lower level of authority and serve more as best practice.
ARTIKLI 3 LÕIKE 3 TEISE LÕIGU PUNKT B
ARTICLE 3, PARAGRAPH 3, SUBPARAGRAPH 2, POINT (B)
b) häälteenamus peab kuuluma audiitorühingutele, kes on liikmesriigis tunnustatud, või füüsilistele isikutele, kes täidavad vähemalt artiklites 4 ja 6–12 kehtestatud tingimusi ; liikmesriigid võivad sätestada, et need füüsilised isikud peavad olema tunnustatud ka kõikides teistes liikmesriikides.
(b) the majority of the voting rights must be held by statutory auditors or audit firms which are approved in a Member State or by natural persons who satisfy at least the conditions imposed by Articles 4 and 6 to 12; Member States may provide that such natural persons must also be approved in any Member State .
Notwithstanding the participation of commercial entities in audit firms should be forbidden as it is not compatible with the independence and objectivity of the auditor.
Notwithstanding the participation of commercial entities in audit firms should be forbidden as it is not compatible with the independence and objectivity of the auditor.
Füüsilist isikut võidakse tunnustada kohustusliku auditi läbiviijana üksnes siis, kui ta on saavutanud ülikooli astuja taseme, seejärel läbinud teoreetilise õppuse, tööpraktika ning sooritanud ülikooli lõpueksamite tasemel ametialase pädevuse eksami, mille riik on korraldanud või mida riik on tunnustab.
A natural person may be approved to carry out a statutory audit only after having attained university entrance level, then completed a course of theoretical instruction, undergone practical training and passed an examination of professional competence of university final examination level, organized or recognized by the State.
Füüsilist isikut võidakse tunnustada artiklis 1 nimetatud dokumentide kohustuslike auditite läbiviijana üksnes siis, kui ta on saavutanud ülikooli astuja taseme, seejärel läbinud teoreetilise õppuse, tööpraktika ning sooritanud ülikooli lõpueksamite tasemel ametialase pädevuse eksami, mille liikmesriik on korraldanud või mida liikmesriik on tunnustab.
A natural person may be approved to carry out statutory audits of the documents referred to in Article 1 only after having attained university entrance level, then completed a course of theoretical instruction, undergone practical training and passed an examination of professional competence of university final examination level, organized or recognized by the Member State.
Õpe ja hindamine peavad vastama vähemalt ülikooli esimese astme tasemele, mille minimaalne kestus on kolm aastat; õppe ja hindamise olulised osad peavad vastama teise astme tasemele, s.t nende tingimuseks peab olema esimese astme edukas läbimine.
The learning and assessment must be at a level at least equivalent to a first cycle university degree of a minimum of three years' duration; significant parts of the learning and assessment must be a second cycle degree level i.e. conditional upon successful completion of the first cycle level.
Liikmesriigid tagavad, et sellisel viisil tunnustatud isikud säilitavad nimetatud pädevuse ja oskused pideva kutsealase enesetäiendamise kaudu.
Member States shall ensure that such approved persons also demonstrate the retention by them of these competences and skills through continuous professional development.
Nimetatud nõuded on täpsemalt määratletud artiklites 7, 8, 9 ja 10.
These requirements are further specified in Articles 7, 8, 9 and 10.
In the Bologna Declaration first level of university degrees should cover a period of three years.
In the Bologna Declaration first level of university degrees should cover a period of three years.
A substantial part of statutory auditors' learning and assessment should be at second-degree level .
A substantial part of statutory auditors' learning and assessment should be at second-degree level .
Ametialase pädevuse eksam
Examination of professional competence
Ametialane pädevus
Professional competence