Five years after implementing the Law on Accounting and Financial Reporting (287/2017)​, there is time and space to discuss how it is implemented and the changes it brings to the auditor's activity.

At the annual conference organized by AmCham Moldova TAXCON, a section was dedicated to "Audit and Reporting". Within this section, an analysis of the situation regarding the audit market in Moldova was presented, which contains, among other things, reference to the number of small and medium-sized enterprises that, according to the Law on Accounting and Financial Reporting (287/2017), are required to submit an auditor's report, registered in 2023; the number of audit reports issued during 2023 for the mandatory audit of financial statements; the proportion for compulsory audit reports issued out of the total audit reports; the number of minutes applied for failure to submit an auditor's report in 2023; the percentage of minutes issued compared to the total number of mandatory audit reports; the number of enterprises using IFRS for statutory reporting; percentage of enterprises using IFRS out of the total, registered audit entities out of the total of 121 entities did not carry out audit activity during 2023; percentage of inactive audit entities out of the total and others.

The event will bring together members-auditors of the AmCham Tax Community in constructive discussions with the Ministry of Finance and the Public Audit Oversight Commission.