Published
10/16/2025, 12:47The Financial Market Regulation and Supervision Service announced that it had received complaints from companies about the actions of certain auditing organisations. The reason for this was the actions of individual auditing organisations which, according to the complainants, exceeded their authority by preparing materials at the request of investigative bodies.
The regulator reminded that when conducting audits and preparing conclusions, auditors are required to act strictly in accordance with international standards ISA 4400 ‘Engagements to Perform Agreed-Upon Procedures Regarding Financial Information’ and ISA 4410 ‘Engagements to Compile.’ This means not distorting data, not making conclusions that go beyond their competence, and maintaining independence, objectivity and confidentiality.
The Financial Supervisory Authority emphasised that any violation of these principles will be considered a serious violation of the law and may result in administrative liability.
The agency added that independence, objectivity and confidentiality remain the key principles of the profession, and any deviation from them undermines confidence not only in individual auditors but also in the financial system as a whole.
