Accountancy Europe has published 2019 update of the survey on audit exemption thresholds in Europe.

This publication follows up on the 2016 factsheet, and since then four Member States (Cyprus, Estonia, Italy and Romania) have lowered their audit exemption thresholds and two member States (Denmark and Ireland) have increased their audit exemption thresholds. The change in the Estonian audit exemption thresholds comprised the lowering of the criteria for the number of employees from 60 to 50.

The Accountancy Europe publication’s 2019 update with detailed data is available here.