Cyprus:
Extension Of Registration Deadline Under The Auditors Law Of 2017
12 December 2017
Elias Neocleous & Co LLC
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Under the transitional provisions of the Auditors' Law, Law
53(I) of 2017, statutory auditors or statutory audit firms
authorized before 29 June 2008 under the Companies Law were deemed
to have been authorised under the new law and were required to
register as members of recognized bodies within six months of the
law entering into force, that is, by 2 December 2017. The deadline
for registration has now been extended by three months, to 2 March
2018, by Law 171(I) of 2017.
It appears likely that there will be further amendments to the
Auditors' Law in 2018.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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