Guidelines on the Adoption of Centralized (One-Stop-Shop) Framework for Accreditation/Selection of External Auditor

July 19, 2019

SEC NOTICE

TO:All Interested Parties (Auditing Firms and External Auditors)
SUBJECT:Guidelines on the Adoption of Centralized (One-Stop-Shop) Framework for Accreditation/Selection of External Auditor

Notice is hereby given that the Commission intends to roll out another initiative this August 2019 which is the One-Stop-Shop (Centralized) Accreditation of External Auditor. In this light, the SEC is issuing the Guidelines on the Adoption of a Centralized (One-Stop-Shop) Framework for Accreditation/Selection of External Auditors (individual practitioners and audit firms) in the financial sector in line with its cooperative arrangements with the Bangko Sentral ng Pilipinas (BSP), Insurance Commission (IC), and Philippine Deposit Insurance Corporation (PDIC), under the auspices of the Financial Sector Forum (FSF). HTcADC

All interested parties are invited to submit their comments/recommendations/suggestions on the attached proposed Guidelines on the Adoption of a Centralized Framework for Accreditation/Selection of External Auditors (individual practitioners and audit firms) not later than 05 August 2019.

Comments/recommendations/suggestions can be submitted to the Office of the General Accountant at the 3rd Floor, Secretariat Building, Philippine International Convention Center Complex, Pasay City or can...

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