The Examinations Committee elected by the National Council of Statutory Auditors in consultation with the Minister of Finance entered upon a work in 2001 to adjust the contents of ’qualifications requirements’ to the principles of the Accounting Act amended in 2000. The modified contents of these requirements were passed by the National Council of Statutory Auditors in June 2001 on the motion of the Examinations Committee.

In accordance with the ’qualifications requirements’, which are currently in force, each candidate for the auditor’s profession is obliged to pass exams in writing in following subjects, carried out in IV examination sessions:

Session Examination subject I 1. Financial accounting part. I 2. Economics and management II 1. Civil law, labour law, economic law 2. Tax law part. I 3. Finance III 1. Tax law part. II 2. Financial accounting part. II 3. Cost and management accounting IV 1. Financial statements and their analysis 2. Audit of financial statements and other services of a Statutory Auditor

Exams are held anonymously, and the candidate’s surname is revealed only after verification of his test’s mark. This form of exams enables to put an objective test’s mark.
In each session, apart from the basic date, there are two more dates stated for repeats of each subject. This rule does not refer to the first session, where only one date of repeat is provided for.
The rules of conducting exams are as follows:
- a candidate is admitted to sit for exams of the second and third session provided he/she has passed exams of the first session,
- a candidate may sit for exams of the second and third exams jointly,
- a candidate is admitted to sit for exams of the forth session provided he/she has passed all exams of the first, second and third session.
that it is a condition to pass all the exams of one session to be admitted to the next session’s exams.
Apart from passing positively all the exams included in qualification requirements the candidate for Statutory Auditor is obligated to complete or receive a credit with a practice on accounting and to complete two-year application practice in accordance with the rules set by the National Council of Statutory Auditors. Having satisfied the conditions mentioned above the candidate for Statutory Auditor is admitted to a diploma examination, which is held orally in front of the examination group called by the Examinations Committee. This exam concerns the main problems arising from the application practice completed by the candidate.