Joint audit in Bulgaria, 4 years later

April 4, 2022. The conference was organized by CPOSA, the Bulgarian supervisor, in order to discuss and assess the advantages and disadvantages, efficiency and effectiveness, the impact on the concentration of the audit services market, as well as the specific features of joint audit in Bulgaria.

The results of the study carried out by a research team at the University of National and World Economy were presented.

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Guest speakers:

  • Sven Gentner – Head of FISMA C1 Corporate Reporting, Audit & Credit Rating Agencies at Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) of the European Commission
  • Florence Peybernes – Chair of the High Council for Statutory Audits (Haut Conseil du Commissariat aux Comptes, H3C)
  • Stoyan Manolov – Chief Director of the Banking Supervision Department at the Bulgarian National Bank
  • Prof. Ognyan Simeonov – Chairman of the Commission for Public Oversight of Statutory Auditors
  • Lyubomir Karimanski – Chairman of the Committee on Budget and Finance at the 47th National Assembly of Republic of Bulgaria
  • Emil Vassilev – Deputy Chairman of the Management Board of the Institute of Certified Public Accountants in Bulgaria
  • Assoc. Prof. Dr. Daniela Petrova – University of National and World Economy, presentation of survey results
  • Diana Miteva – Chairman of the Executive Board of the Association of Banks in Bulgaria
  • Evelina Miltenova – Chairman of the Management Board of the Bulgarian Association of Supplementary Pension Insurance Companies
  • Konstantin Velev – Chairman of the Management Board of the Association of Bulgarian Insurers
  • Kiril Boshov – Member of the Board of Directors and Executive Director of Euroins Insurance Group AD
  • Prof. Dr. Snezhana Basheva – University of National and World Economy, presentation of survey results
  • Nikolay Garnev – statutory auditor, manager of Ernst & Young Audit OOD
  • Athanasios Petropoulos – partner of Mazars OOD
  • Mariy Apostolov – statutory auditor, manager of Grant Thornton OOD.
  • Georgi Trenchev – statutory auditor, manager of Ecovis Audit Bulgaria OOD
  • Veronika Revalska – statutory auditor, manager of HLB Bulgaria OOD
  • Vladimir Savov – Deputy Chairman of the Financial Supervision Commission, Head of the Insurance Supervision
  • Stoyan Manolov – Chief Director of the Banking Supervision Department at the Bulgarian National Bank
  • Fabrice Demarigny – Managing Partner of Mazars - France and Global Head of Financial Advisory Services and Capital Markets of the Mazars Group

Documents

I.-Joint-audit-in-Bulgaria-4-years-later-Survey-results-clients-viewpoints-April-22.pdf
II.-Joint-audit-in-Bulgaria-4-years-later-Survey-results-auditors-viewpoints-April-22.pdf
III.-Joint-audit-in-Bulgaria-4-years-later-Survey-results-supervisory-viewpoints-April-22.pdf