Audit is a regulated area in the UK, and membership of the ICAEW will not automatically grant you the right to audit in the UK. Below are details of what CPA Canada members need to do in order to gain audit rights in the UK.
In order to gain audit rights in the UK, individuals joining the ICAEW will need to:
If you plan to work in audit then you should apply for the Audit Qualification on admission to ICAEW membership.
The Audit Qualification is:
Working in audit, you will be considered as working in a regulated area, which means that the audit work conducted is supervised by one of the UK’s Recognised Supervisory Bodies (RSB’s) which monitor firms to ensure that work is completed competently, ethically and appropriately.
In order to obtain the Audit Qualification you must have:
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