Education

To become an authorized auditor, you must have completed at least six years of post-secondary level theoretical and practical training and subsequently passed an auditor exam. To pass the auditor exam, you must have received three years of theoretical education and three years of practical training.

Theoretical Education

Your theoretical education must include a Bachelor's degree in any subject. If you have a foreign degree, you may contact the Swedish Council for Higher Education (UHR) or a Swedish university or college and receive an assessment as to whether your prior education is equivalent to a Swedish degree.

Your studies must have included certain specific subject areas, either as part of your Bachelor’s degree or as a complement to your course of study. Studies in the specific subject areas shall comply with all the requirements specified in Option A or all the requirements of Option B, as described below.

(A) Theoretical education in accordance with the regulations of the Swedish Inspectorate of Auditors (RIFS 2018:1) regarding the auditor exam.These regulations enter into effect on July 1, 2018.

(B) Theoretical education in accordance with older regulations (RNFS 1996:1). A theoretical education that meets the requirements of these older regulations qualifies an individual to take the auditor exam through 2024. 

RI's new regulations do not entail any changes to the content of the exam compared to the past.

When your application is reviewed, RI always checks your qualifications against both the new and the older regulations, and apply the ones that are most advantageous for you.

Practical Training

Your practical training must have been carried out over the course of three years, and in particular must the auditing of annual reports and consolidated financial statements or similar accounting material.

At least two years of your practical training must have been completed in a country within the EEA under the supervision of an authorized or certified accountant, or by a natural person who is permitted to carry out statutory audits in a nation within the EEA. The remaining portion of the practical training must have been completed in the same way, or in a different state under the supervision of a physical person who is permitted to perform statutory audits without qualification restrictions in that state and whom the Swedish Inspectorate of Auditors deems to be a suitable supervisor.

The training must have followed a program and have been comprehensive in its scope. It must have provided knowledge of auditing in various industries. The training must have included the planning, execution and reporting of auditing assignments. Particular emphasis must have been placed on an auditor's assessments and conclusions, as well as the ethical rules that an auditor must observe while conducting an audit.

If you have worked with auditing or accounting but did not have an authorized or approved supervisor, this is not considered to be practical training.

 

 1

 THEORETICAL EDUCATION

  • Bachelor's degree
  • Pursuant to § 2 of RI's regulations on the auditor exam, subject areas 1-5 must have been studied at a university or college, and a passing grade must have been received.
  • Pursuant to § 2 of RI's regulations on the auditor exam, subject areas 6-10 must have been studied at an accounting firm, university or college. Training at an auditing firm must follow a training program that is approved by RI.

 2

 PRACTICAL TRAINING

  • Three-year training program at an auditing firm.

 3

 THE AUDITOR EXAM

  • To qualify to take the exam, candidates must have a total of at least six years of theoretical education and practical training.
  • To receive a passing grade on the exam, a minimum of 60% of the questions must be answered correctly.
  • Pursuant to § 2 of RI's regulations on the auditor exam, the examinee’s knowledge of subject areas 1-10 are evaluated in the exam.
  • Pursuant to § 6 of RI’s regulations on the auditor exam, the examinee’s knowledge of subject areas 1-9 are also evaluated, insofar as they are relevant to auditing activities.

 4

 AUHTORIZATION

  • The assessment of applications is based on § 4 of the Auditors Act.