Eddy Wymeersch

De onafhankelijkheid van de revisor

WP 2002-02

This paper evaluates the recent developments in Belgian law concerning statutory auditor independence. Several topics are discussed. In the first part of the paper, the author explains the present Belgianregulation concerning the protection of auditor independence. The second part focuses on the various conditions an auditor must fulfil in order to perform an objective audit and maintain investor confidence.The general regulatory approach as how to implement the independence requirements is the subject of much debate, whether a principles based or a rule based approach, are discussed, before, in the final part of this paper, providing some thoughts on the possible orientations of drafting future Belgianregulation in this area.