Auditor Regulation Act 2011

Ongoing competence requirements

18 Ongoing competence requirements

(1)

An accredited body must, in accordance with the requirements prescribed under section 32(1)(c),—

(a)

require its members to complete competence programmes to maintain their ongoing competence; and

(b)

otherwise promote, monitor, and review the ongoing competence of its members.

(2)

Every member must comply with the requirements under subsection (1)(a).

(3)

Any competence programme may require a member to do 1 or more of the following, within the period, or at the intervals, prescribed in the programme:

(a)

pass an examination or assessment (or both):

(b)

complete a period of practical training:

(c)

complete a period of practical experience:

(d)

undertake a course of studies:

(e)

anything else that the accredited body considers appropriate.