Written description of graphical diagram of the auditors' education system

Section 1: Theoretical education

1a. Bachelor's degree.

1b. Pursuant to Section 2 of the SIA's regulations on the auditor exam, subject areas 1-5 must have been studied at a university or college (högskola), and a passing grade must have been received.

1c. Pursuant to Section 2 of the SIA's regulations on the auditor exam, subject areas 6-11 must have been studied at an accounting firm, university or college (högskola). Studies at an auditing firm must follow an educational plan that is approved by the SIA.

Section 2: Practical training

2a. Three-year training program at an auditing firm.

Section 3: The auditor exam

3a. To qualify to take the exam, candidates must have a total of at least six years of theoretical and practical training.

3b. To receive a passing grade on the exam, a minimum of 60 % of the questions must be answered correctly.

3c. Pursuant to Section 2 of the SIA's regulations on the auditor exam, the examinee's knowledge of subject areas 1-11 are evaluated in the exam.

3d. Pursuant to Section 6 of the SIA'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.

Section 4: Authorisation

4a. The assessment of applications is based on Section 4 of the Auditors Act.