{"id":7389,"date":"2020-01-29T14:20:08","date_gmt":"2020-01-29T13:20:08","guid":{"rendered":"https:\/\/dev.andersen.dotandmedia.com\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/"},"modified":"2020-06-11T18:04:12","modified_gmt":"2020-06-11T16:04:12","slug":"assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing","status":"publish","type":"post","link":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/","title":{"rendered":"Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing"},"content":{"rendered":"<p>With Case Study no. 1\/2020 published on 27th January 2020, Association of Joint-Stock Companies \u2013 Assonime recalled that the new Code of Company Crisis and Insolvency and D.L. no. 32\/2019 set up some amendments on <strong>article no. 2477 of Civil Code<\/strong>, modifying the limits for adopting <strong>internal control or auditors<\/strong> for limited company.<\/p>\n<p>For companies already set up on 16th March 2019 the deadline to fulfill this duty was due on <strong>16th December 2019<\/strong>.<\/p>\n<p>With the entry into force of these regulatory changes, it was important to define the first fiscal year to subject to auditing.<\/p>\n<p>According to the deadline for the appointment and specific features of the statutory auditing activity, Assonime considered that it will must concern the <strong>first financial year after designation, that is, from 1st January to 31st December 2020<\/strong>. In any case, the audit assignment will must last for three years (from 2020 to 2022) and will expire on the date of the Shareholders&#8217; Meeting called to approve the financial statements for the third year.<\/p>\n<p>Please do not hesitate to reach out to our Professionals in case you need further clarifications on the above.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Case Study no. 1\/2020 published on 27th January 2020, Association of Joint-Stock Companies \u2013 Assonime recalled that the new Code of Company Crisis and Insolvency and D.L. no. 32\/2019 set up some amendments on article no. 2477 of Civil Code, modifying the limits for adopting internal control or auditors for limited company. For companies [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":7956,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[50],"tags":[],"class_list":["post-7389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing - Andersen Italy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing - Andersen Italy\" \/>\n<meta property=\"og:description\" content=\"With Case Study no. 1\/2020 published on 27th January 2020, Association of Joint-Stock Companies \u2013 Assonime recalled that the new Code of Company Crisis and Insolvency and D.L. no. 32\/2019 set up some amendments on article no. 2477 of Civil Code, modifying the limits for adopting internal control or auditors for limited company. For companies [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/\" \/>\n<meta property=\"og:site_name\" content=\"Andersen Italy\" \/>\n<meta property=\"article:published_time\" content=\"2020-01-29T13:20:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-11T16:04:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/meeting.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1727\" \/>\n\t<meta property=\"og:image:height\" content=\"1106\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Marta Pasqui\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marta Pasqui\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/\"},\"author\":{\"name\":\"Marta Pasqui\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/ac3e314b15571586385d05860459d453\"},\"headline\":\"Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing\",\"datePublished\":\"2020-01-29T13:20:08+00:00\",\"dateModified\":\"2020-06-11T16:04:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/\"},\"wordCount\":198,\"image\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/meeting.jpg\",\"articleSection\":[\"Insights\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/\",\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/\",\"name\":\"Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing - Andersen Italy\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/meeting.jpg\",\"datePublished\":\"2020-01-29T13:20:08+00:00\",\"dateModified\":\"2020-06-11T16:04:12+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/ac3e314b15571586385d05860459d453\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/#primaryimage\",\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/meeting.jpg\",\"contentUrl\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/wp-content\\\/uploads\\\/2018\\\/12\\\/meeting.jpg\",\"width\":1727,\"height\":1106},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/\",\"name\":\"Andersen Italy\",\"description\":\"Andersen Italy\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/#\\\/schema\\\/person\\\/ac3e314b15571586385d05860459d453\",\"name\":\"Marta Pasqui\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g\",\"caption\":\"Marta Pasqui\"},\"url\":\"https:\\\/\\\/dev.andersen.dotandmedia.com\\\/en\\\/author\\\/marta-pasqui\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing - Andersen Italy","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/","og_locale":"en_US","og_type":"article","og_title":"Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing - Andersen Italy","og_description":"With Case Study no. 1\/2020 published on 27th January 2020, Association of Joint-Stock Companies \u2013 Assonime recalled that the new Code of Company Crisis and Insolvency and D.L. no. 32\/2019 set up some amendments on article no. 2477 of Civil Code, modifying the limits for adopting internal control or auditors for limited company. For companies [&hellip;]","og_url":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/","og_site_name":"Andersen Italy","article_published_time":"2020-01-29T13:20:08+00:00","article_modified_time":"2020-06-11T16:04:12+00:00","og_image":[{"width":1727,"height":1106,"url":"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/meeting.jpg","type":"image\/jpeg"}],"author":"Marta Pasqui","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Marta Pasqui","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/#article","isPartOf":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/"},"author":{"name":"Marta Pasqui","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/ac3e314b15571586385d05860459d453"},"headline":"Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing","datePublished":"2020-01-29T13:20:08+00:00","dateModified":"2020-06-11T16:04:12+00:00","mainEntityOfPage":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/"},"wordCount":198,"image":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/#primaryimage"},"thumbnailUrl":"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/meeting.jpg","articleSection":["Insights"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/","url":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/","name":"Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing - Andersen Italy","isPartOf":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/#primaryimage"},"image":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/#primaryimage"},"thumbnailUrl":"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/meeting.jpg","datePublished":"2020-01-29T13:20:08+00:00","dateModified":"2020-06-11T16:04:12+00:00","author":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/ac3e314b15571586385d05860459d453"},"breadcrumb":{"@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/#primaryimage","url":"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/meeting.jpg","contentUrl":"https:\/\/dev.andersen.dotandmedia.com\/wp-content\/uploads\/2018\/12\/meeting.jpg","width":1727,"height":1106},{"@type":"BreadcrumbList","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/assonime-and-new-limits-for-internal-control-according-to-article-no-2477-civil-code-the-first-financial-year-for-auditing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/dev.andersen.dotandmedia.com\/en\/"},{"@type":"ListItem","position":2,"name":"Assonime and new limits for internal control according to article no. 2477 Civil Code: the first financial year for auditing"}]},{"@type":"WebSite","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#website","url":"https:\/\/dev.andersen.dotandmedia.com\/en\/","name":"Andersen Italy","description":"Andersen Italy","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/dev.andersen.dotandmedia.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/dev.andersen.dotandmedia.com\/en\/#\/schema\/person\/ac3e314b15571586385d05860459d453","name":"Marta Pasqui","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5bbbbc48bdf7bf119af6d0fbe9c4d1668e08a812fe3f2ca4048680759162feb2?s=96&d=mm&r=g","caption":"Marta Pasqui"},"url":"https:\/\/dev.andersen.dotandmedia.com\/en\/author\/marta-pasqui\/"}]}},"_links":{"self":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/7389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/comments?post=7389"}],"version-history":[{"count":0,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/posts\/7389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/media\/7956"}],"wp:attachment":[{"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/media?parent=7389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/categories?post=7389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.andersen.dotandmedia.com\/en\/wp-json\/wp\/v2\/tags?post=7389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}