Article 8
Test of theoretical knowledge
1.
The test of theoretical knowledge included in the examination shall cover the following subjects in particular:
(a)
general accounting theory and principles;
(b)
legal requirements and standards relating to the preparation of annual and consolidated accounts;
(d)
financial analysis;
(e)
cost and management accounting;
(f)
risk management and internal control;
(g)
auditing and professional skills;
(h)
legal requirements and professional standards relating to statutory audit and statutory auditors;
(i)
international auditing standards as referred to in Article 26;
(j)
professional ethics and independence.
2.
It shall also cover at least the following subjects insofar as they are relevant to auditing:
(a)
company law and corporate governance;
(b)
the law of insolvency and similar procedures;
(c)
tax law;
(d)
civil and commercial law;
(e)
social security law and employment law;
(f)
information technology and computer systems;
(g)
business, general and financial economics;
(h)
mathematics and statistics;
(i)
basic principles of the financial management of undertakings.
3.
In order for the statutory auditor to also be approved to carry out the assurance of sustainability reporting, the test of theoretical knowledge referred to in paragraph 1 shall also cover at least the following subjects:
(a)
legal requirements and standards relating to the preparation of annual and consolidated sustainability reporting;
(b)
sustainability analysis;
(c)
due diligence processes with regard to sustainability matters;
(d)
legal requirements and assurance standards for the sustainability reporting referred to in Article 26a.