Inspection committees

Based on the text of article (12)-A-1 of the system Num.7 of the year 2006, practicing the profession of accounting and legal issued under article (29) paragraph (A) from article (45) of the system regulating the profession of accounting Num.73 of the year 2003, it is decided to setup three inspection committee, which will be responsible for ascertaining the following:

  • The accountant whose practicing the profession of auditing is dedicated to the profession of practicing it and complying with the standards of auditing and ethics
  • The accountant registered in the trainee register is trained under the supervision of the practicing accountant and is committed to the training conditions and requirements
  • The inspection committee shall prepare a record of each inspection works signed by its members and the legal accountant as well as  he submit it to the council with the necessary recommendations in this regards

Article (12) (a) of Regulation Num. (7) For the year 2006 the system of practicing the profession of legal accounting issued under  Article (29

(Article 12 (a 

  • The Board shall, at the beginning of its session, consist of one or more inspection committees for a period of three years from three legal accountants practicing the profession. The committee shall appoint a chairman from among its members and shall make its recommendations by a majority of its members.
  • The Inspection Committee shall carry out its functions by a decision of the Council within the periods specified for this purpose or whenever necessary by a decision issued by it

The inspection committee shall prepare a record of each inspection work signed by its members and the legal accountant to present it to the council, together with the necessary recommendations in this regard. "

Article 45: The Council of Ministers shall issue the necessary regulations for the implementation of the provisions of this Law, including the following:

a. The system of practicing the legal accounting profession within six months from the date of entry into force of the provisions of this law, provided that it includes in particular the following:

The fields of practicing the profession, the conditions of exercising its profession and its provisions, and the rights of accountants in their various fields and their obligations

Provisions relating to the continuing education of the legal accountant

Determining the terms of reference of the inspection committees formed by the Board and its mode of operation

The conditions of establishing civil companies among the legal accountants, the required qualifications, and the responsibility of the company, its legal accountants and any other matters related thereto. "

Article 45: The Council of Ministers shall issue the necessary regulations for the implementation of the provisions of this Law, including the following:

The system of practicing the legal accounting profession within six months from the date of entry into force of the provisions of this law, provided that it includes in particular the following:

The fields of practicing the profession, the conditions of exercising its profession and its provisions, and the rights of accountants in their various fields and their obligations

Provisions relating to the continuing education of the legal accountant

Determining the terms of reference of the inspection committees formed by the Board and its mode of operation

The conditions of establishing civil companies among the legal accountants, the required qualifications, and the responsibility of the company, its legal accountants and any other matters related thereto. "