Registration of the Third Countries’ Auditors and Commercial Companies of Auditors
When the statutory auditors or audit firm from a ‘third country’ (a country outside of the European Economic Area (EEA)) wishes to issue auditor’s reports on the financial statements of a company which is registered in a third country and whose transferable securities are admitted to trading on the regulated (capital) market of Latvia, he/she or it must be registered in Latvian Register of Third Country Auditors and Third Country Commercial Companies of Auditor. These requirements are also applied to a third country assurance providers.
Law On Audit Service (See Article 241, 242 and 243)
Regulations of the Cabinet of Ministers No 537 of June 17, 2009 on Regulations Regarding the Sample Form of the Registration Application for a Third Country Auditor or Third Country Commercial Company of Auditors and the Sample Form for an Opinion Regarding the Compliance of a Third Country Auditor or Third Country Commercial Company of Auditors to Registration Conditions, and Procedures for Preparation and Sending of an Opinion (amendments to Regulation is not included: 29.10.2024.)