
Audit assignements in Italy - Lowering of thresholds
Starting from March 2019, when exceeding for two years one of the following thresholds the company has to appoint an auditor (individual or audit firm):
- Turnover > 2 m€
- Assets > 2 m€
- Employees > 10
This reform concerns approx. 175.000 companies that have to revise their by-laws and to appoint an auditor before year end to audit 2019 Financial Statements.
For more information do not hesitate to contact us.