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48 international auditing standards are introduced in Russia

Order of the Ministry of Finance of Russia dated 09/01/2019 N 2н “On the implementation of international auditing standards on the territory of the Russian Federation and on recognizing invalid some orders of the Ministry of Finance of the Russian Federation”

International auditing standards are introduced in the Russian Federation, which establish, inter alia, requirements for quality control in audit organizations, harmonization of audit assignments, duties of an auditor with respect to unfair actions, requirements for obtaining audit evidence, for the formation of opinions reporting, etc.

At the same time repealed Orders Russian Ministry of Finance, which were put in place international auditing standards from 24.10.2016 N 192н from 09.11.2016 N 207н from 30.11.2016 N 220н.