Article 48. Key indicators and assessment of the performance of an audit organization

Key indicators of the performance of an audit organization are:

availability of an internal control system;

compliance with international standards for auditing, quality control, reviews, assignments for the provision of related services and the Code of ethics for professional accountants;

compliance with the legislation on combating the legalization of proceeds from crime, financing terrorism and financing the proliferation of weapons of mass destruction;

membership in an international audit organization or association;

availability of a methodology for conducting audit, providing related services;

proper documentation of the results of the audit services rendered;

sufficient labor and time resources to conduct audits;

use of software products or information technologies for information processing;

completion by auditors of annual professional development courses;

absence of violations of the requirements of this Law;

absence of complaints from individuals or legal entities, as well as reasonable negative feedback on the activities of an audit organization, including in the media.