Document background
This Audit Code of Conduct serves as a foundational document for audit firms and professionals operating in Austria, establishing mandatory behavioral standards and ethical requirements. It is designed to ensure compliance with Austrian audit regulations, including the A-QSG and WTBG, while incorporating EU audit directives and international standards. The code should be implemented by audit firms to govern their professional activities, maintain independence, ensure quality control, and protect client confidentiality. It provides comprehensive guidance on handling conflicts of interest, maintaining professional competence, and meeting documentation requirements. This document is particularly crucial for firms conducting statutory audits and those working with public interest entities in Austria.
