Accredited Professional Audit Organization
An accredited professional auditing organization — a self-regulating association of auditors, individual auditors, and auditing organizations established in accordance with the legislation of the Russian Federation for the purpose of ensuring conditions for the auditing activities of its members and protecting their interests, operating on a non-commercial basis, establishing mandatory internal rules (standards) of auditing activity and professional ethics for its members, carrying out systematic monitoring of their observance, and having received accreditation from an authorized federal body. (As amended by Federal Law No. 164-FZ dated December 14, 2001) (ceased to be in force as of January 1, 2011)1.
Federal Law No. 119-FZ dated August 7, 2001 "On Auditing Activities", amended on December 30, 2001, Article 20, paragraph 1, ceased to be in force as of January 1, 2011 // Official Compilation of Legal Acts of the Russian Federation. 2001. No. 33. Item 3422. ↩