Document from CIS Legislation database © 2003-2025 SojuzPravoInform LLC

ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of March 19, 2009 No. 115

About approval of Rules of forming and implementation of activities of the Qualification commission on certification of candidates for auditors of the Republic of Kazakhstan

(as amended on 20-11-2023)

According to the subitem 8) article 7 of the Law of the Republic of Kazakhstan "About auditor activities" PRIKAZYVAYU:

1. Approve the enclosed Rules of forming and implementation of activities of the Qualification commission on certification of candidates for auditors of the Republic of Kazakhstan.

2. To development department of financial accounting, auditor activities and financial control of the Ministry of Finance of the Republic of Kazakhstan (Aytzhanova Zh. N.) provide state registration of this order in the Ministry of Justice of the Republic of Kazakhstan and its subsequent official publication in periodic printing editions.

3. Declare invalid the order of the deputy. The Minister of Finance of the Republic of Kazakhstan of June 28, 2006 No. 227 "About approval of Rules of forming and implementation of activities of the Qualification commission on certification of candidates for auditors of the Republic of Kazakhstan" (registered in the Register of state registration of regulatory legal acts for No. 4297, No. 142 published in the Yuridicheskaya Gazeta newspaper of August 3, 2006 (1122).

4. This order becomes effective after ten calendar days after day of its first official publication.

Minister

B. Zhamishev

Approved by the Order of the Minister of Finance of the Republic of Kazakhstan of March 19, 2009 No. 115

Rules of forming and implementation of activities of the Qualification commission on certification of candidates for auditors of the Republic of Kazakhstan

Chapter 1. General provisions

1. These rules of forming and implementation of activities of the Qualification commission on certification of candidates for auditors of the Republic of Kazakhstan (further - Rules) are developed according to the subitem 8) of article 7 of the Law of the Republic of Kazakhstan "About auditor activities" and determine procedure for forming and implementation of activities of the Qualification commission on certification of candidates for auditors of the Republic of Kazakhstan.

Chapter 2. Procedure for forming and implementation of activities of the Qualification commission on certification of candidates for auditors of the Republic of Kazakhstan

2. The qualification commission on certification of candidates for auditors of the Republic of Kazakhstan (further - the Commission) is executive body of professional advice on auditor activities (further - professional advice).

Are part of the Commission the representative of authorized state body (further - authorized body) and the equal number of representatives from the professional organizations, and also nonpracticing experts can enter.

The commission consists of odd number of members, but no more than 17 (seventeen) people from whom at least 50 (fifty) percent have the certificate of competency "auditor" and (or) one of complete qualifications of Certified Public Accountant (CPA), The Association of Chartered Certified Accountants (ACCA), Chartered Institute of Management Accountants (CIMA), The Institute of Chartered Accountants in England and Wales (ICAEW), and also work experience in the field of carrying out audit at least 2 (two) years.

The candidate for the nonpracticing expert having work experience in the field of carrying out audit at least 10 (ten) years is represented by Board of the Professional advice (further - Board).

3. The commission is created for the purpose of certification of candidates for auditors, persons interested to participate in auditor activities in the territory of the Republic of Kazakhstan.

4. The professional advice sends to the address of the professional organizations, authorized body request about nominations in structure of the Commission.

5. The auditor having work experience in the field of carrying out audit at least 5 (five) years and being the member of the commission is elected the commission chairman. The commission chairman is elected by a simple majority vote members of the commission for a period of 3 (three).

The same person is not elected the chairman 2 (two) times in a row.

6. Person who was made responsible for making of corruption offense is not elected the chairman and the member of the commission.

7. For the purpose of improvement of quality of certification of candidates for auditors the Commission attracts on contractual basis of the practicing auditors and accountants, teachers of special disciplines, scientific, not being part of the Commission.

From the presented candidacies the commission chairman approves structure of survey, organizational and estimative groups.

8. Commission sessions are held according to the work plan approved annually till December 10 of the year preceding planned.

The commission approves dates of qualification examinations and begins documents acceptance from the candidates wishing to pass qualification examination according to the work plan.

9. Commission session is considered competent in the presence of at least 2/3 from total number of members of the commission. Decisions of the Commission are made by a simple majority vote the present members of the commission. In case of equality of votes the Commission chairman's voice is decisive.

10. Members of the commission are informed not later than 5 (five) working days before date of meeting on the place and time of its carrying out.

11. The emergency meeting of the Commission is held upon the demand of the Commission chairman or at least 3 (three) members of the commission. The commission within 3 (three) working days from the date of decision making about holding emergency meeting of the Commission notifies on the place and time of its carrying out and questions offered to consideration.

Record keeping, preparation of protocols is provided with the secretary of the Commission.

12. In case of nonparticipation of the member of the commission in the regular meetings (more than 3 (three) time in a row), except for labor leave, leave non-paid, the period of temporary disability, business trip, the Commission chairman makes the offer in Board on exception of the representative of structure of the Commission and its replacement.

13. The board makes corresponding changes to structure of the Commission within 10 (ten) working days from the date of emergence of such need.

14. The authorized body in writing notifies the Commission on the representative of authorized body which will be part of the Commission, and also about the representative who codes examination-papers.

15. The commission organizes process of holding qualification examination, providing proper conditions for its carrying out.

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SoyuzPravoInform LLC.