The procedure describes the steps to be taken and the conditions to be met for the participation of individuals who have completed an internship in financial audit in the professional competence exam, in accordance with the provisions of Law no. 162/2017 on the statutory audit of annual financial statements and consolidated annual financial statements and on the amendment of certain normative acts and with the Order of the ASPAAS president no. 135/2018 for the approval of the Rules on the organization and conduct of the professional competence examination.

The competence exam consists of taking, in writing, two tests, as follows:

1. the first test - theoretical knowledge test;
2. the second test - practical application of theoretical knowledge.

Conditions for registration for the competence exam

In order to register for and take the competence examination, individuals must meet the following educational requirements:

a) are graduates of a higher education institution or have an equivalent level;

b) have followed a theoretical training course organized or recognized by ASPAAS;

c) have completed a practical training internship, in accordance with the provisions of art. 11 of Law no. 162/2017 and the ASPAAS rules issued to implement it.

In addition to these educational requirements, individuals must also meet the good repute condition provided by Law no. 162/2017 and by the Order of the President of the Authority for the Public Supervision of Statutory Audit Activity no. 89/2018 for the approval of the Rules on the good repute of trainees in financial audit activity, of statutory auditors and audit firms.

Registration for the competence exam https://www.aspaas.gov.ro/examen-de-competenta-profesionala/

ASPAAS publishes on its website the syllabus and bibliography for the professional competence exam and any other information related to the organization and conduct of the exam (deadline for submission of files, exam date, deadline for filing appeals, etc.), at least 45 days before the date set for the first test of the exam.

The list of candidates is displayed both on the ASPAAS website and at the location of the exam.

Exemptions concerning the theoretical knowledge test included in the competence exam:

According to the provisions of art. 10 of Law no. 162/2017, the holder of a bachelor’s degree, a university master's degree, or a professional qualification in one or more of the fields established for the exam may be granted exemptions from the theoretical knowledge test included in the competence exam, for the respective fields, if the university curriculum followed by the holder covers one or more of these subjects. The exemption is granted on the basis of protocols or agreements concluded by ASPAAS with national or international higher education institutions or with national or international professional bodies.

No exemptions are granted from the practical application test of theoretical knowledge, included in the competence exam.

During the procedure, it may be necessary to notify the applicant regarding the communication of valid documents or regarding conditions whose fulfillment/compliance is not confirmed by the submitted documents.

​