Chamber of Hungarian Auditors
Member | Established: 1997 | Member since 1992
The MKVK was established in 2008 by the Act LXXV of 2007 on the Chamber of Hungarian Auditors, the Activities of Auditors, and on the Public Oversight of Auditors. The act prescribes that membership of the MKVK is mandatory for all auditors in the jurisdiction along with the institute’s responsibilities. The MKVK is responsible for (i) providing high-quality services and developing auditors’ professional knowledge and competence on a continuous basis; (ii) applying and observing national auditing standards and principles; (iii) adopting professional and ethical standards of behavior; (iv) issue certificates and register statutory auditors; (v) make arrangements for operating the system of quality assurance in connection with statutory audits; (vi) monitor the activities of auditors and audit firms and take the measures necessary upon learning of a registered statutory auditor or audit firm being engaged in any unlawful activity or conduct, or of any infringement of the Chamber’s statutes or the Chamber’s rules of self-governance; and (vii) promote public recognition of the profession, allowing auditors to help achieve Hungary’s economic objectives.
In addition to being an IFAC Member, the MKVK is also a member of Accountancy Europe.
Statements of Membership Obligation (SMO)
The Statements of Membership Obligations form the basis of the IFAC Member Compliance Program. They serve as a framework for credible and high-quality professional accountancy organizations focused on serving the public interest by adopting, or otherwise incorporating, and supporting implementation of international standards and maintaining adequate enforcement mechanisms to ensure the professional behavior of their individual members.
Methodology
Last
updated: 10/2022
We welcome feedback. Please email membership@ifac.org
Status of Fulfillment by SMO
Disclaimer
IFAC bears no responsibility for the information provided in the SMO Action Plans prepared by IFAC member organizations. Please see our full Disclaimer for additional information.
Contact
Szinyei Merse u. 8.
1063 Budapest
Hungary
Tel: +36-1-473-4521
Fax: +36-1-473-4510
mkvk@mkvk.hu
http://www.mkvk.hu