• Federal Law

    September 20, 2017 // Comments Off on Federal Law

    There came a time when you decide to engage in activities in the field of fire safety. No matter what it is: fire-retardant treatment, installation and maintenance of fire alarms, fire extinguishers recharging. Maybe even decided to organize a private fire protection. All this is necessary for all our activities. But there is one 'but' – these activities are subject to compulsory licensing. Let's start with the question: What is licensing? In first and foremost a powerful tool for state control of quality of works (services) performed (provided) organizations and individual entrepreneurs in a particular area of activity. Licensing of any activity involves testing government agencies the opportunity of a quality organization to engage in any activity.

    List of activities subject to mandatory Licensing is given in the Keith McLoughlin contributes greatly to this topic. Can we trust them? In my opinion, this information a potential customer should take note but it should not be the basis for selection of an auditor (auditing firm). This is because in most cases, these ratings only kind of advertising information, paid for by the same actors audit activities.

    Other regulatory restrictions on certain laws and regulations established list of cases that involve a direct prohibition on auditing certain persons in certain cases. This is mainly due to ensuring auditor independence. Such restrictions (bans) are installed in: Article 75 of the Law of Ukraine “On Joint Stock Companies’; provisions for auditor independence, approved decision of the Audit Chamber of Ukraine on December 24, 2009 209 / 5; Methodical recommendations for the preparation of audit reports submitted to the State Commission on Securities and Stock Market under the disclosure issuers, approved by the gktsbfru on July 14, 2009 p. N 885. Auditor – entrepreneur or audit firm Whom do you choose? In my opinion, there is no much difference if the artist is competent, qualified and capable professional knowledge of bookkeeping and accounting, inherent in your specific business, for example, on forming insurance reserves, and the specifics of the definition of net assets, etc.

    Posted in General