In brief

  • The Chamber of Financial Auditors of Romania has rewritten the main table in the annual report filed by auditors and audit firms. The list of services falls from 21 to 18 rows, while the columns stay as they were.
  • The three rows taken out are internal audit performed as an employee and the two capacities in which an auditor sits on a management or supervisory body. Two of them come back in a new section, B.III, where only the number of contracts or appointments is declared, with no sum attached.
  • Both forms also gain a variable subscription section, in which the member works out for himself how much is still owed. The new forms are used from 2027, for reporting year 2026, that is at the filing due on 15 February 2027.
Act: Decision of the Council of the Chamber of Financial Auditors of Romania no. 215/2026
Published: Official Gazette of Romania (Monitorul Oficial) no. 742 of 3 September 2026
In force from: 3 September 2026, the date of publication. The forms apply from 2027, for reporting year 2026.

Financial auditors will no longer report separately, with the fee attached, the internal audit they carry out as employees and the seats they hold on audit committees. Decision of the Council of the Chamber of Financial Auditors of Romania no. 215/2026, published in Official Gazette of Romania no. 742 of 3 September 2026, takes three rows out of the central table of the annual report and moves two of them to a heading where only contracts and appointments are counted. It is the second piece of a pair: two days ago the same Chamber established that salaried financial auditors pay 1,000 lei a year from 2027, in place of the subscription calculated on income. Now the paper on which they report changes as well.

The annual report is the document through which every member of the Chamber states, once a year, what work has been done: how many contracts, with what kind of clients, what fees were invoiced and how much was passed on to subcontractors. Two things come out of it: the public statistics on the Romanian audit market and the basis on which the subscription owed to the Chamber is calculated. The form for individuals is Annex no. 1, the one for audit firms is Annex no. 2, and both were approved by Decision no. 74/2014.

The table being amended is the one listing the services provided to clients. It has twelve data columns, split into three blocks: public interest entities, other entities and the totals adding up the first two. „Public interest entity” means, in simple terms, a company listed on the stock exchange, a bank, an insurance company or another entity the law treats as important for the public, and therefore audited under stricter rules. The structure of the columns stays exactly as it was. Only the list of rows changes.

In the version currently in use, approved in December 2025 by Decision no. 272/2025 and used once, for reporting year 2025, the table had 21 rows of services. The new table has 18. Row 5, „Audit intern, salariat”, internal audit as an employee, disappears, as do rows 18 and 19, membership of a board of directors and membership of an audit committee, both held in the capacity of auditor. The remaining rows are kept word for word and renumbered.

The new section B.III, headed „Alte tipuri de activități desfășurate în calitate de auditor financiar”, other types of activity carried out in the capacity of financial auditor, recovers two of the three positions, but strips the money out of them. It has a single field to fill in per row, „Numărul de contracte derulate/numiri”, the number of contracts performed or appointments. The first row covers the active financial auditor responsible for organising internal audit and signing the reports, under Article 23 of Government Emergency Ordinance no. 75/1999, as an employee. The second row covers the auditor appointed to an audit committee precisely because he holds the qualification of financial auditor. Membership of a board of directors appears neither here nor in the new table.

The second addition concerns the money owed to the Chamber. Section D is added to Annex no. 1 and section E to Annex no. 2, both called „Cotizația variabilă”, the variable subscription, and both built identically: turnover, the percentage applied, the resulting subscription, the advance paid in the previous year, subscriptions overpaid in the last 3 years, those outstanding in the last 3 years and, at the end, the balance to be paid. A footnote states that the last figure covers the advance as well as the overpayments and the arrears. Until now the settling up was done outside the report. With the new form, the member writes it out himself, in the same document.

What it changes in practice

The immediate effect is less filling in. The table of services has 19 rows, the 18 services plus the total row, and 12 columns, so 228 boxes. Removing three rows eliminates 36 boxes, while the new section B.III adds two. Net, an individual auditor has 34 fewer entries to complete than in the form used in February 2026.

The substantive effect is a different one, and it concerns the information that is lost. Until now, an auditor running a company’s internal audit as an employee entered that activity in a row with a fee attached. From the reporting for 2026, the same activity is reported as a number, with no value. The same goes for seats on audit committees. The Chamber will know how many of its members do internal audit as employees and how many sit on audit committees, but it will no longer know what is paid for it.

For audit firms the change is cleaner. The three rows taken out described activities that only a person can perform, not a company, and their presence in the form for legal persons was pointless in any event. Firms are left with the same 18 rows and with section E on the variable subscription.

The filing deadline does not change. The annual activity report, or the annual nil activity declaration, is submitted by 15 February for the previous year, and the decision does not touch that deadline. The new forms are therefore used for the first time on 15 February 2027.

What has changed compared with the previous situation

The annual reporting form was replaced in full in December 2025, by Decision no. 272/2025, which rewrote both annexes to Decision no. 74/2014 and gave them the structure now amended by Decision no. 215/2026: sections A, B.I, B.II and C in the form for individuals. That form was used once, at the filing in February 2026, for reporting year 2025. It changes again after a single cycle.

Compared with that version, there are four changes. The table in section B.I of Annex no. 1 is replaced, with the list of services cut from 21 to 18 rows. Section B.III is introduced, with the two activities counted rather than valued. Section D is introduced, with the settling up of the variable subscription. And the equivalent operations are carried out in Annex no. 2: the table in section C.I is replaced and section E is added.

What has not changed deserves to be said just as firmly. The columns of the table remain identical, including the row „Asigurarea raportării privind durabilitatea”, assurance on sustainability reporting, which had already appeared in the December 2025 version against the background of sustainability reporting. The four total columns, contracts as principal contractor, contracts as subcontractor, fees invoiced and fees passed on, stay in place. And the names of the engagements, referring to the international standards ISA, ISRE, ISAE and ISRS, are untouched.

Advantages and disadvantages

What it improves

  • The form becomes shorter and more coherent. The three rows taken out mixed activities contracted with clients and positions held inside an entity, which made the column totals hard to interpret.
  • Section B.III draws a clear line between what is counted and what is valued in money, and the question asked there, the number of contracts or appointments, has only one possible answer.
  • The settling up of the variable subscription moves into the same document as the activity report, so the member sees on a single page what work was done and what is still owed, including sums overpaid, which until now were tracked separately.
  • The audit firms’ form is rid of rows that did not fit it, since they described personal capacities of an auditor, not services provided by a company.

What remains a problem

  • Membership of a board of directors disappears from the form without turning up anywhere else. Anyone who held such a position in 2026 will probably enter it under „18. Alte activități”, other activities, a heading from which nothing can be extracted any more.
  • Market statistics lose a data series. The fees for internal audit performed as an employee and for seats on audit committees will no longer be known to the Chamber from reporting year 2026 onwards.
  • The phrase „ultimii 3 ani”, the last 3 years, in sections D and E is not tied to any reference point. It does not say whether the count starts from the reporting year or from the year of filing, and the two readings give different windows.
  • The reporting rules for 2026 are settled in September 2026, when 246 of the year’s 365 days had already gone by. Anyone who wanted to organise their records along the structure of the form has worked two thirds of the year without knowing what it would look like.

Practical advice

  1. If you are filing a report for 2025, change nothing. The new form is used for the first time in 2027, for reporting year 2026.
  2. Check whether your internal records for 2026 keep contracts for internal audit performed as an employee separate from the rest. From February 2027 they are declared as a number, in section B.III, not in the table of fees.
  3. Count the appointments to audit committees obtained because you hold the qualification of financial auditor as well. That is the second row of section B.III and it also asks for a number, not a sum.
  4. If in 2026 you sat on a board of directors in your capacity as auditor, keep the documents. The new form no longer has a dedicated row, and if the question comes back you will need the data.
  5. Prepare the figures for the variable subscription section in good time: turnover, the applicable percentage, the advance paid in 2025 and the position of payments over recent years. There are seven entries, and the last one, the balance to be paid, adds up all the others.
  6. If you have overpaid sums, enter them. The footnote says expressly that the balance to be paid covers the advance as well as the overpayments and the arrears, so an undeclared overpayment goes unused.
  7. Keep 15 February 2027 in mind as the filing deadline. Amending the form has not changed the calendar.
  8. Audit firms should look at Annex no. 2, sections C.I and E, not at Annex no. 1. The amendments run in parallel, but the numbering of the sections differs.

Frequently asked questions

From when are the new forms used?
From 2027, for reporting year 2026. The decision says so expressly, in Article II. The report for 2025, filed in February 2026, used the earlier form and is not redone.
When must the annual report be filed?
By 15 February each year, for the activity of the previous year. The deadline comes from the Rules on the organisation and functioning of the Chamber and is not amended by this decision. The first filing on the new form falls on 15 February 2027.
Which rows exactly have disappeared from the table of services?
Three: internal audit performed as an employee, membership of a board of directors and membership of an audit committee, the last two held in the capacity of auditor. The list has fallen from 21 to 18 rows.
Where is internal audit performed as an employee reported now?
In the new section B.III of Annex no. 1, where only the number of contracts performed is entered. The row refers to Article 23 of Government Emergency Ordinance no. 75/1999, which requires the person responsible for organising internal audit and for signing the reports to be an active financial auditor.
What about the position of member of a board of directors?
It no longer has a row of its own anywhere. It does not appear in the new table of services and it was not carried over into section B.III. In practice what is left is the general heading „18. Alte activități”, other activities.
What is section D and whom does it concern?
It is the variable subscription section of the form for individuals, with seven entries: turnover, the percentage, the calculated subscription, the advance from the previous year, sums overpaid and sums outstanding over the last 3 years and the balance to be paid. In the audit firms’ form, the same section carries the letter E.
Does this decision change the amount of the subscription?
No. Decision no. 215/2026 approves forms, not rates and not thresholds. The fixed subscription of 1,000 lei for salaried auditors and for members of audit committees comes from Decision no. 214/2026 and applies from 2027.
Do audit firms have a section B.III?
No. The two activities counted there are personal capacities of an auditor, not services a company can provide. Firms receive only the new table in section C.I and section E on the variable subscription.
When did the decision enter into force?
On 3 September 2026, the date of publication in the Official Gazette of Romania. The three day period from publication concerns laws and ordinances, not the legal acts of a professional body such as this one. Entry into force and the date of application are, however, different things: the forms are used only from 2027.
Who signed the decision and when was it adopted?
It was adopted by the Council of the Chamber at its meeting of 28 August 2026 and signed by the president of the Chamber, Adrian Popescu.

Editorial analysis

The Chamber’s two decisions, nos. 214 and 215 of 2026, read correctly only together, and then it becomes clear that they are a year out of step with each other. Decision no. 214/2026 replaces the variable subscription with a flat 1,000 lei for salaried auditors and for members of audit committees, but only from 1 January 2027. Decision no. 215/2026 removes from the form the fee rows of those same two categories, but from reporting year 2026. For 2026, therefore, the two categories still owe a subscription calculated on income, while the form on which they will declare it no longer has the field in which that income was entered. What is left is the turnover figure in section D, which for a salaried auditor does not mean the same thing as for one who invoices.

The second observation concerns pace. The form was replaced in full by Decision no. 272/2025, adopted on 15 December 2025 and applicable for reporting year 2025. It was filled in once, in February 2026, and it changes again for the following year. Between publication on 3 September 2026 and the deadline of 15 February 2027 there are 165 days, enough time to complete it. That is not where the problem lies. The problem is that 246 of the 365 days of the year the report covers had already gone by, two thirds of it, at the moment when it was settled what would be reported about that year.

Otherwise the act is cleanly drafted. The references check out: Article 23 of Government Emergency Ordinance no. 75/1999, as republished, does indeed provide that the person responsible for organising internal audit and for signing the reports must hold the status of active financial auditor, exactly as the first row of section B.III describes. The date of application is written down expressly, in Article II, which is not always the case with acts of this kind. The structure of the sections does not conflict with the form currently in use, since that one stopped at section C in Annex no. 1 and at section D in Annex no. 2, and the newly introduced letters continue the series.

What is lost is public information. The three rows taken out meant, at 12 columns each, 36 boxes of data the Chamber will no longer collect, in exchange for two numbers. The market for internal audit performed by employees and the market for the remuneration of audit committee seats drop out of the profession’s statistics without any other public document picking them up.

What should be changed

  • A transitional provision for reporting year 2026. A single paragraph saying where salaried auditors and members of audit committees declare their 2026 income, for as long as they still owe a subscription calculated on income for that year. It would close the one point at which the Chamber’s two decisions fail to meet.
  • A definition of the phrase „ultimii 3 ani” in sections D and E. The form asks for sums overpaid and sums outstanding over a three year window, without saying which year the count starts from. An explicit reference point, the reporting year or the year of filing, would mean that two members in the same position write the same figure.
  • A row for members of boards of directors, even a counted one. The position was taken out of the table of services and was not carried over into section B.III. A third row there would cost one box and would preserve information relevant to the auditor’s independence.
  • Publication of the collected data in aggregate form. Every year the Chamber gathers contracts, fees and sums passed on to subcontractors from each of its members. An annual public report on that data would turn an administrative form into information about the market, and the decision to cut rows could then be weighed by everyone, not only inside the Chamber.
  • Settling the form before the reporting year begins. A simple rule, that amendments to the form be adopted by 31 December for the following year, would remove the situation in which the structure of the reporting is fixed after two thirds of the year have gone.

Original text of the legal act

The text below is reproduced in Romanian, the official form of publication.

The full text, as published in the Official Gazette of Romania

Official Gazette of Romania no. 742 of 3 September 2026 16 pages PDF, 110 KB the act starts on page 2

Open the official PDFDownload the PDF

The viewer is not shown on small screens. Use the buttons above to open or download the file.

This article is for informational purposes only and does not constitute legal advice. For specific situations, consult a licensed attorney or tax advisor.