Ordinance
on the Licensing and Oversight of Auditors
(Auditor Oversight Ordinance, AOO)

¹ A li­cence ap­plic­a­tion must be sub­mit­ted to the Over­sight Au­thor­ity by:

a.

any in­di­vidu­al who wishes to provide audit ser­vices as an aud­it­or or audit ex­pert;

b.

any audit firm that wishes to provide audit ser­vices as an aud­it­or, audit ex­pert or audit firm un­der state over­sight;

c.⁷

any in­di­vidu­al who based on a li­cence in ac­cord­ance with let­ter a wishes to per­form audits un­der the fin­an­cial mar­ket acts as a lead aud­it­or in ac­cord­ance with Art­icle 1 para­graph 1 of the Fin­an­cial Mar­ket Su­per­vi­sion Act of 22 June 2007⁸ (fin­an­cial mar­ket acts) (Art. 9a para. 2 AOA);

d.⁹

any audit firm which based on the li­cence in ac­cord­ance with let­ter b wishes to per­form audits un­der the fin­an­cial mar­ket acts as an audit com­pany (Art. 9a para. 1 AOA);

e.¹⁰

any in­di­vidu­al who, based on a li­cence in ac­cord­ance with let­ter a, wishes to per­form audits in ac­cord­ance with Art­icles 68 and 68a of the Fed­er­al Act of 20 Decem­ber 1946¹¹ on Old-Age and Sur­viv­ors’ In­sur­ance (OASIA) as a lead aud­it­or;

f.¹²

any audit firm which, based on the li­cence in ac­cord­ance with let­ter b, wishes to per­form audits in ac­cord­ance with Art­icles 68 and 68a OASIA as an audit com­pany.

² The ap­plic­ant must sub­mit evid­ence of pay­ment of the fee in ac­cord­ance with Art­icle 38 with the ap­plic­a­tion.