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New regulation on how auditors fund oversight inspections

Austria has issued a new regulation setting out how audit firms (Wirtschaftstreuhänder) must pay for the costs of oversight inspections carried out by the audit authority (APAB). The regulation takes effect on 15 August 2026.

Official reference
BGBl. II Nr. 244/2026

What changed

A new regulation has been created to establish the financing mechanism for inspection costs. This regulation applies specifically to how audit firms contribute to the costs incurred by the APAB (Abschlussprüferaufsichtsbehörde, the federal audit oversight authority) when conducting inspections and examinations (Einzelprüfungsaufträge) of audit firms.

Who is affected

This rule affects all audit firms (Wirtschaftstreuhänder) in Austria that are subject to oversight by the APAB. Any audit firm that carries out financial statement audits or related assurance work must understand and comply with the cost-sharing requirements set out in this regulation.

What to look out for

Audit firms should review the detailed financing rules to understand what inspection costs they may be required to contribute toward, when payments are due, and how costs are calculated or apportioned. The regulation came into force on 15 August 2026, so compliance is mandatory from that date.

This explanation is AI-generated based on the official source linked above. It is not legal advice. For binding interpretation consult a qualified attorney or the responsible authority.