The National Chamber of
Statutory Auditors is a self-regulatory body uniting all
statutory auditors (entitled to audit financial statements in Poland).
The Chamber has been founded on the basis of the Act of 19 October 1991 on audit and publication of
financial statements as well as on auditors and their self-regulation which came into force on the
1
st of January 1992.
On the 13
th of October 1994 the Parliament of Poland established the separate Act on auditors and
their self-governing body which is wholly devoted to the auditors’ self-governing body. According
to the Act (
the last amendments dated 14 February 2007)
the National Chamber of Statutory Auditors is independent in performing its duties and acts in compliance
with the provisions of the law and its statute. Membership of the National Chamber of Statutory Auditors
is compulsory and becomes effective after registration on the list of statutory auditors.
The National Chamber of Statutory Auditors is a legal entity, with its registered office in the capital
city of Warsaw.
The duties of the National Chamber of Statutory Auditors include:
- representing the members of the Chamber and protecting their professional interests,
- setting professional standards for auditors,
- setting principles of professional ethics for auditors,
- prescribing the theoretical and practical requirements to be met by candidates for Statutory
Auditors and granting of the title of Statutory Auditor,
- supervisions of appropriate professional conduct by members of the Chamber as well as their abidance
by the professional ethics rules, and abiding by entities entitled to carry out audits of
financial statements by the rules of the Law on auditors and their self-governing body and other
rules concerning the self-regulatory body of auditors and the subject-matter of activities of
entities entitled to carry out audits of financial statements,
- professional training of the members of the National Chamber of Statutory Auditors,
- imposing disciplinary penalties on members of the Chamber for breaches of Law, professional
standards or professional ethics.
The National Chamber of Statutory Auditors prepares training materials for candidates for statutory
auditors and may conduct publishing and training activities.
The constituent bodies of the National Chamber of Statutory Auditors are:
National Assembly of Statutory Auditors, National Council of Statutory Auditors,
National Supervisory Committee, National Internal Audit Committee, National Disciplinary Court,
National Disciplinary Spokesman. The bodies hold office for four years (except of the National
Assembly of Statutory Auditors).