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Revisortilsyn

English translation: the Danish Audit Supervisory Authority (Revisortilsynet)

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12:02 Jun 6, 2009

Danish to English translations [PRO]
Bus/Financial - Accounting / Regulatory bodies

Danish term or phrase: Revisortilsyn

I guess the English title of this is "Audting Inspectorate" or something like that. I've checked the website but can't find any reference to the English name.

The document is a Letter of Engagement for a firm of auditors.

Thanks in advance for any help.

Jandrew KudoZ activity Questions: 258 (9 open) (1 without valid answers) (12 closed without grading) Answers: 18 United Kingdom
Local time: 06:13

English translation:the Danish Audit Supervisory Authority (Revisortilsynet)

Explanation:
I don't think "Revisortilsynet" has an official English name, but this is another suggestion I found used on a Danish website. As it has been done here, I think it is a good idea to include the Danish name in parenthesis no matter which translation you choose.

The Danish accounting dictionary www.regnskabsordbogen.dk - which is normally a very reliable source - gives "the Danish Supervisory Authority on Auditing" as the English translation, so that could be another option but I couldn't find any examples of that being used. But again, I am not sure they have an official name in English.

The official English name of "Finanstilsynet" is "the Danish Financial Supervisory Authority" so the two mentioned suggestions would be in line with this name.

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Note added at 3 hrs (2009-06-06 15:04:41 GMT)
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In this report they also refer to "Revisortilsynet" as "the Supervisory Authority on Auditing (Revisortilsynet)", hence the entry in Regnskabsordbogen.
http://ec.europa.eu/internal_market/auditing/docs/market/oxe...

Selected response from:

Mette Melchior
Local time: 06:13

Grading comment

Thanks Mette.
4 KudoZ points were awarded for this answer

Summary of answers provided

the Danish Audit Supervisory Authority (Revisortilsynet)

Mette Melchior

Auditor's Public Oversight Body

Malberg

Audit Administration

Suzanne Blangsted

Answers

2 hrs confidence:

Audit Administration

Explanation:
My suggestion -

Suzanne Blangsted
Local time: 22:13
Native speaker of:

Danish,

English
PRO pts in category: 27

Notes to answerer

Asker: Thanks Blangsted.

2 hrs confidence:

Auditor's Public Oversight Body

Explanation:
this is the English name for Revisortilsynet

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Note added at 2 hrs (2009-06-06 14:10:46 GMT)
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The audit profession is regulated by the Danish Commerce and Companies Agency, which issues executive orders based on the Act on State Authorized and Registered Public Accountants. The Auditor's Public Oversight Body establishes detailed procedures for the statutory quality assurance review of state authorized and registered public accountants. The 2004 self-assessment adds that "the oversight body has authority to perform/monitor quality assurance reviews to ensure compliance with independence requirements, to establish whether sufficient quality control systems are developed and implemented and to decide on any possible sanctions." Moreover, all state authorized and registered public accounting firms are subject to quality assurance review regardless of whether they perform audits of financial institutions or other companies. http://www.estandardsforum.org/jhtml/country/Denmark/sp/61/5

126. The Auditor’s Public Oversight Body was created in 2003 to establish detailed procedures for the
statutory quality assurance review of state authorized and registered public accountants. The results of all
quality assurance reviews of auditing firms have to be communicated to the Auditor’s Public Oversight
Body101. The latter then decides the steps which should be taken in cases where it is found that the auditing
firm under review (performed by another auditing firm or the oversight body itself) has violated legal rules
or has neglected its duty. http://www.oecd.org/dataoecd/14/21/36994434.pdf

Example sentence(s):

Relevant Organizations Auditor\'s Public Oversight Body - Revisortilsynet (in Danish only)
The Auditor’s Public Oversight Body (“Revisortilsynet”) establishes detailed procedures for the statutory quality assurance review of state authorized and registered public accountants.

Reference: http://www.estandardsforum.org/jhtml/country/Denmark/sp/61/5
Reference: http://www.ifac.org/ComplianceAssessment/published_survey.ph...

Malberg
Denmark
Local time: 07:13
Native speaker of:

Danish

Notes to answerer

Asker: Thanks Malberg.

2 hrs confidence:

the Danish Audit Supervisory Authority (Revisortilsynet)

The external auditors are subject to control by the Danish Audit Supervisory Authority (Revisortilsynet).
The Danish Supervisory Authority on Auditing was established in 2003.

Reference: http://www.amagerbanken.dk/english/history__og__profile/gove...
Reference: http://www.regnskabsordbogen.dk/

Mette Melchior
Local time: 06:13
Works in field
Native speaker of:

Danish
PRO pts in category: 19

Grading comment

Thanks Mette.

Notes to answerer

Asker: Thanks Mette.

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Revisortilsyn

English translation: the Danish Audit Supervisory Authority (Revisortilsynet)

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Revisortilsyn

English translation: the Danish Audit Supervisory Authority (Revisortilsynet)

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KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

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The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.