{"id":66996,"date":"2024-03-28T09:45:27","date_gmt":"2024-03-28T09:45:27","guid":{"rendered":"https:\/\/insurancediwan.gov.iq\/?p=66996"},"modified":"2024-04-02T05:15:23","modified_gmt":"2024-04-02T05:15:23","slug":"conditions-that-must-be-met-by-the-auditor","status":"publish","type":"post","link":"https:\/\/insurancediwan.gov.iq\/?p=66996&lang=en","title":{"rendered":"Conditions that must be met by the auditor"},"content":{"rendered":"\t\t
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The third meeting was held on Wednesday morning, March 27, 2024, at the Insurance Bureau headquarters, headed by Ms. Israa Saleh Dawoud, President of the Bureau, and in the presence of representatives of public and private insurance companies and representatives of the Supervisory Authority working in insurance companies and the Bureau, in order to complete the discussion of the conditions that must be met by the auditor based on the provisions of Article 12\/Sixth of the Law Regulating Insurance Business No. 10 of 2005. After briefing the audience on the draft instructions, the head of the body working in the Iraqi Insurance and Reinsurance Company explained that the conditions that must be met by the auditor had previously been regulated in accordance with the System for the Practice of the Profession, Monitoring and Auditing of Accounts No. (3) of 2000 and its instructions, the provisions of which dealt with the conditions that must be met by the auditor, and it can It applies to everyone who works as an auditor or auditor, whether in an insurance company or elsewhere. Therefore, we see no point in regulating the auditor\u2019s conditions, which will be a repetition of what is referred to in the above system. It is preferable for them to be reconsidered in the presence of representatives of the Council of the Accounting Control and Auditing Profession. The head of the National Insurance Supervision Authority and the Insurance Bureau also stated that the text of the article is self-explanatory and that the conditions for the auditor are regulated in accordance with the Regulations for Practicing the Profession of Accounting Monitoring and Auditing No. (3) of 2000 and its instructions.
For the purpose of completing the discussion and giving the issue its due rights, the Profession Council was assured of the presence of those representing them to express their opinion on what was stated in the draft instructions before the issue is finally resolved and until the representative is present. The attendees decided to postpone the meeting until a representative of the Council is named.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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