Detailed guide: Auditing for EEA auditors and audit firms operating in the UK after Brexit

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Statutory auditors

You don’t need to do anything if you’re already registered as a statutory auditor with a UK recognised professional body.

Register in the UK

You must register as a UK statutory auditor by 31 December 2020 if you’re working in the UK and want to sign audit reports here based on your EEA qualification.

You can register with one of the UK’s Recognised Supervisory Bodies.

You will not need to register in the UK if you’re already registered in the Republic of Ireland. But you’ll need to take an aptitude test if you’re qualified as a member of CPA Ireland.

Ownership of EEA audit firms

You may need to restructure to continue as an EEA approved firm if your required majority of qualified owners and managers includes:

  • UK audit firms
  • people with UK audit qualifications

You’ll need to check with the competent authority where the firm is recognised.

Ownership of UK audit firms

As an EEA auditor you can still be included in a UK firm’s required majorities of qualified owners and managers.

EEA audit firms can also be included until 31 December 2020.

After 31 December 2020, EEA audit firms can only be included if they’re both:

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HM Government
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