Formation complémentaire des candidats réviseurs d'entreprises et experts-comptables

The first course of the academic year 2009/2010 will be given on Monday, 12th october 2009

Target qualifications

Company auditors (CCRE)

The amended Grand-Ducal regulation of 29 January 1993 determines the professional qualification requirements for company auditors and provides for a certificate of additional training to be issued to company auditors by a college instructed by the Chancellor of the University of Luxembourg to provide specific courses. This certificate confirms that the candidate has passed an aptitude test based on Luxembourg tax law, Luxembourg commercial law, company accounts, consolidated accounts, accounting for investment companies, Luxembourg banking law, Luxembourg insurance law, Luxembourg employment and social security law and the professional code of conduct for company auditors in Luxembourg.

Chartered accountants (CCEC)

The Grand-Ducal regulation of 8 May 2007 establishes the criteria of the aptitude test for qualifying as a chartered accountant and provides for a certificate of aptitude to be issued to chartered accountants by a college instructed by the Chancellor of the University of Luxembourg. This certificate confirms that the candidate has passed an aptitude test based on Luxembourg tax law, Luxembourg commercial law, company accounts, Luxembourg employment and social security law and the professional code of conduct for chartered accountants in Luxembourg.

Courses

In the 2009/2010 academic year, courses are scheduled on the following days:

Monday from 5 p.m. to 8 p.m., Wednesday all day, Saturday from 8.00 a.m. to 12.00 noon

Organisation

Organisation of the courses and examinations relating to the aptitude test for the certificate of supplementary training for company auditors and the aptitude test for qualifying as a chartered accountant

The exam sessions take place at the end of April and in the course of May. Repeat tests will take place in June of the current academic year. Candidates may only present themselves for the repeat examination session if they failed in the ordinary session in the same academic year, or for medical reasons which have been validly notified. In all other cases, candidates may only register for the ordinary session.

The test comprises nine examinations for the supplementary training of company auditors and five examinations for the aptitude test for chartered accountants.

Teaching languages

The test is carried out in French. On the express request of the candidate and with the consent of the college instructed to provide courses, in exceptional cases the test may be taken in Luxembourgish, German or English.

In order to be admitted to the examinations, candidates being tested to become company auditors must have been admitted to the practical stage of their training as company auditors by the Minister of Justice and need to have provided confirmation from their mentor of their actual registration for this part of the training.

In order to be admitted to the examinations, candidates being tested to become chartered accountants must have started the practical stage of their training with a duly established firm of chartered accountants in accordance with the definition provided in Section 19 (1) c) Sub-section 2 of the amended act of 28 December 1988 governing access to the trades of craftsmen, retailers and businesses as well as certain other professions, and need to have provided confirmation of this by their mentor.

Other recognised qualifications

Recognised equivalent qualifications also provide access to the diploma for company auditors and to the profession of chartered accountant.

Company auditors

Candidates who hold a qualification approved in another European Union Member State or who meet the conditions of approval (Sections 1B and 1C of the Grand-Ducal regulation of 29 January 1993, which specifies the conditions of professional qualifications for company auditors) must present a certificate confirming that they have passed an aptitude test comprising four credits relating to the following subjects: Luxembourg commercial law, Luxembourg legislation on insurance companies, Luxembourg banking law and Luxembourg tax legislation. For such applicants, no mentor or start date for the practical stage of training needs to be indicated, since they completed the practical phase of their training in their country of origin.

Applicants who hold a professional diploma from another European Union Member State may take the aptitude test without restriction and are exempt from attending 60% of the mandatory courses.

Admission to the test is subject to a decision by the Minister of Justice.

Chartered accountants

Candidates who hold a qualification approved in another European Union Member State or who meet the conditions of approval (Section 2 Sub-section 2 of the Grand-Ducal regulation of 8 May 2007, which specifies the conditions for aptitude tests providing access to the profession of chartered accountant as described in Section 19 (1) c) of the amended act of 28 December 1988 governing access to the trades of craftsmen, retailers and businesses as well as certain other professions) must present a certificate of aptitude confirming that they have passed an aptitude test comprising three credits relating to the following subjects: Luxembourg commercial law, Luxembourg tax legislation and Luxembourg employment and social security law. For such applicants, no mentor or start date for the practical stage of training needs to be indicated, since they completed the practical phase of their training in their country of origin.

Transitional provisions

Chartered accountants

The Grand-Ducal regulation of 8 May 2007 provides transitional provisions, which stipulate the conditions for aptitude tests providing access to the profession of chartered accountant as described in Section 19 (1) c) of the amended act of 28 December 1988 governing access to the trades of craftsmen, retailers and businesses as well as certain other professions:

« Section 9. The following are exempt from the aptitude test providing access to the profession of chartered accountant as described in Section 19 (1) c) Sub-section 4 of the amended act of 28 December 1988 governing access to the trades of craftsmen, retailers and businesses as well as certain other professions:

• Company auditors in accordance with the act of 28 June 1984, which governs the structure of the profession of company auditor, whose qualification has been recognised by the Ministry of Justice
• Holders of a certificate of supplementary training for company auditors, confirming that they have passed the aptitude test described in the regulation governing the conditions for the professional qualification of company auditors.

Section 10. Also exempt from the aptitude test for access to the profession of chartered accountant as described in Section 19 (1) c) Sub-section 4 of the amended act of 28 December 1988 governing access to the trades of craftsmen, retailers and businesses as well as certain other professions are the following groups of people:

• Those who, in another European Union Member State, are holders of a certificate of approval issued prior to 31 July 2008, or who fulfilled the approval conditions in accordance with European regulations in another European Union Member State prior to that date ;
• or who, prior to 31 July 2008, met the conditions of Section 19 (1) c) Sub-sections 1 and 2 of the amended act of 28 December 1988 governing access to the trades of craftsmen, retailers and businesses as well as certain other professions.”

For further information, please visit : www.ire.lu (company auditors) and www.oec.lu (chartered accountants).