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KPMG to become member of the ‘Russian Union of Auditors (Association)’
KPMG becomes member of the ‘Russian Union of Auditors’
Management of KPMG (JSC “KPMG”) made a decision to pass to the Self-Regulated Organization of Auditors ‘Russian Union of Auditors (Association)’ (RUA). The decision is preconditioned by new requirements to the minimum number of members of self-regulated organizations of auditors established by Article 17 of the Federal Law No. 307-FZ “On Auditing”, with such requirements coming into effect from 1 January 2017.
KPMG intends to complete the procedure of passing to the RUA by December 2016.