Representation of audit firms and statutory auditors

Our firm offers:

1) at the stage of planned and ad hoc inspections:

• Counseling on how to draft and lodge objections to the inspection protocol;
• Analysis of inspection files and formal and legal verification of the correctness of the inspection carried out;
• Support or development of arguments concerning Internal Quality Control System (IQCS) issues and independence;
• Support in the development (review and comments on the substantive argumentation) of the inspection findings concerning the documentation of the statutory audits selected for the inspection;

2) at the stage of PANA's post-inspection activities:

• Representation of audit firms in administrative proceedings before PANA and the National Council of Statutory Auditors (Krajowa Rada Biegłych Rewidentów), including the filing of a request for reconsideration of the case or an appeal against a first instance decision;
• Representation of audit firms in administrative court proceedings initiated by a complaint against a PANA decision;
• Representation of auditors in disciplinary proceedings conducted by PANA and subsequently in court proceedings initiated on the PANA's request for punishment to obtain a discontinuance of proceedings or an acquittal or conviction without trial (consensus decision-making).

Our team has extensive experience representing/ defending audit firms and auditors against violations/ charges brought by the PANA. This includes compliance of documentation with the law, professional ethics, and the IQCS, as well as compliance of audit activities with the Act on Statutory Auditors, Audit Firms, and Public Oversight and EU Regulation 537/2014.

With our support, several clients have obtained favourable court decisions, including discontinuance of proceedings due to negligible corporate harm or lack of fulfilment of the elements of a disciplinary act, as well as, among others, suspension of the enforcement of an administrative sanction.

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