ABSTRACT
Auditing has had a long history in Sweden. As far back as the seventeenth century, it was not unusual for a regular audit to be made of the accounts of trading companies and the big manufacturing estates. The chambers of commerce also issue certificates to another category of public accountants, who are called approved accountants. A good knowledge of book-keeping and accountancy problems is required of them, as well as at least five years’ practice of such a nature as enables them to acquire experience in questions regarding auditing and book-keeping. No regulations or agreements exist as to how the fees of public accountants are to be calculated. The auditing of the ministerial offices is carried out by a special civil service department, Riksräkenskapsverket (the office of the Accountant- General).
