11. Relazione finale del revisore legale dei conti

[Autom. eng. transl.] The matter of the statutory audit has been affected in recent years by profound regulatory changes, by continuous updates of the reference professional standards and, indirectly, by the reflection reflected by changes in adjacent disciplinary areas, influencing the object and organization of the activity of the auditor. With regard to the first aspect, the legislative interventions of the last decade, in particular, were aimed at the transposition of EU directives harmonizing with international auditing principles. In particular, the Legislative Decree no. 39 implemented Directive 2006/43 / EC which, by dictating new rules on the auditing of annual accounts and consolidated accounts, proposed to pursue a substantial European harmonization of the relevant obligations. The main novelty of Legislative Decree 39/2010 was, therefore, that of bringing together, in a single legislative text, the provisions on revision, thus replacing the plurality of special disciplines in existence until then. The previous regulatory framework was, in fact, very complex: the provisions were contained, in part, within the Civil Code, which defined the companies subject to auditing, as well as the general profiles of auditing activities, and in part, in the Legislative Decree 27 January 1992, n. 88 which governed the subjects entitled to exercise auditing as well as the methods of keeping the register of auditors. Furthermore, special rules were envisaged for companies with shares listed on regulated markets (Legislative Decree 58/1998), for insurance companies (Legislative Decree 209/2005) and for companies operating in the banking and credit sector (Legislative Decree no. .Lgs. 385/1993). With reference to the second aspect on the Community front, Directive 2006/43 / EC was first amended by Directive 2013/34 / EU (transposed into our legal system with Legislative Decree 139/2015) and then by Directive 2014/56 / EU (implemented in our legal system with Legislative Decree 135/2016), to allow the adoption of the new international auditing standards, ISA, with the aim of facilitating their understanding and contextual application, and guaranteeing an overall increase in the audit quality. In particular, the EU directives of 2013 and 2014 further extended the scope of the auditor's activities, also requiring the expression of an opinion on the consistency of the Management Report drawn up by the administrative body. Finally, the transversal perspective, typical of the approach to auditing, has determined the adoption of the operational effects of recent regulatory changes introduced in the regulatory framework such as Legislative Decree 231/2001 on the subject of administrative liability of legal persons, Legislative Decree . 254/2016 on non-financial reporting and Legislative Decree 14/2019 on the management of business crisis and insolvency.