Committee of European Audit Oversight Bodies (CEAOB)

Cooperation among competent authorities in the EU is realized within the framework of the CEAOB (Comittee of Auditing Oversight Bodies). The CEAOB is composed of representatives of the national audit oversight bodies of the EU, representatives of the European Securities and Markets Authority (ESMA). Representatives of the national audit authorities of the European Economic Area also participate. The CEAOB aims to increase harmonization of practice by European audit regulators and contribute to the improvement of audit quality in Europe.

The CEAOB representatives meet regularly and if needed also upon request of the European Commission or some member state.  The summary of the CEAOB´s tasks is included in sec. 30/7 of the Regulation (EU) No 537/2014. The CEAOB is a direct successor of the former European Group of Auditor Oversight Bodies (EGAOB). The CEAOB working sub-groups took over the tasks of the former European Audit Inspection Group (EAIG), including a project of the common European database of inspection findings and the development of common audit inspection methodology.  The Board´s representatives participate regularly not only in the plenary meetings but also in particular working sub-groups.


The Board´s representatives regularly participate in the CEAOB plenary meetings that are held three times a year, once in a presence form and twice on-line.

The Board´s representatives take part in the following sub-groups and colleges:

  • Consulting sub-group of the CEAOB Chairman
  • Inspection sub-group
  • International Auditing Standards sub-group
  • Enforcement sub-group
  • Market monitoring sub-group
  • EY College
  • KPMG College
  • PWC College

Once in three years, the CEAOB prepares a periodical  report on EU audit regulation and directive reform

Annually the CEOAB publishes the reports on enforcement questionnaire containing information regarding enforcement proceedings and sanctions imposed (mostly within the area of statutory audit).

The CEAOB annual reports and other published materials


Other activities of the Board include, in accordance with Article 27 of the Regulation (monitoring market quality and competition), assessment of the activities of audit committees, preparation of a report on the development on the market of provision of obligatory audit services to public interest entities at least once in three years and present it to the CEAOB, bodies of ESMA (European Securities and Market Authority), EBA (European Banking Authority) and EIOPA (European Insurance and Occupational Pensions Authority) and to the Commission. Pursuant to consultations with the CEAOB and bodies of ESMA, EBA and EIOPA, the Commission will use the reports on development to prepare a joint report in the situation in the European Union. This joint report is presented to the Board, the European Central Bank, European Systemic Risk Board, and possibly to the European Parliament. The first Report on the development on the market of the provision of obligatory audit services to public interest entities was prepared by the Board and presented in mid-June 2016 

The second report is published on