The BAOB conducts quality reviews, at least every six years, of auditors who do not audit a Public Interest Entity that individually fulfils more than one criterion as referred to in Article 1:26 of the Code on Companies and Associations (“non-PIE auditors”).
The BAOB uses the services of active auditors to carry out the quality reviews of non-PIE auditors.
The BAOB may appoint one or more inspectors to carry out quality reviews for each auditor based on the methodology defined by the BAOB. In the course of their inspections, inspectors use the guide approved by the BAOB. The BAOB consults the High Council for Economic Professions (CSPE-HREB) at least once a year before updating the guide.