The Institute of Chartered Accountants of the Maldives held an event to mark the ceremony for the Registration of Public Interest Entity Auditors on Wednesday, December 22, 2021. The ceremony took place at the seminar hall of the Auditor General’s Office. Through this Registration, Audit firms will be able to conduct audits of the SOEs and Public interest entities.
The President of CA Maldives, Auditor General, Mr. Hussain Niyazy highlighted that the PIE Auditors registered with CA Maldives are firms that hold specific standards, and possess competence that complies with applicable professional standards. He also emphasized that these licences enhance the quality and credibility of the Audit firms.
Prior to the registration ceremony, only 3 Audit firms could conduct audits of Public Interest Entities in the Maldives. After the registration ceremony, a total of 7 Audit firms holds the license to conduct audits of the Public Interest Entities.
A list of Public Interest Entity (PIE) Auditors will be available at the website of CA Maldives.
