On 8 of June, 2011 in Sofia, the Commission for Public Oversight of Statutory Auditors organized a round table discussion on professional scepticism in the work of statutory auditors- challenges related to the crisis. 
 

In his speech the Chairman of CPOSA and most of the participants emphasized the importance of achieving a common understanding of the nature of professional skepticism and its role in the audits procedures, clarification of the factors that influence the level of professional skepticism and consequently the quality of provided audit services and the necessary actions to achieve the level of professional scepticism, which should be adopted and applied by the auditors.

Participants were informed about the results of the discussion on the document "Audit scepticism - raising the bar" of United Kingdom and Ireland as well as the areas of auditing, which are considered for amending  by the European Commission as a result of the discussion on issues included in the “Green Paper on Audit Policy: Lessons from the crisis”.

The roundtable was attended by Maria Roguelova – Policy Officer in the Department of Audit Policy in DG Internal Market and Services, European Commission, John A. Carchrae - Senior Financial Manager at the Centre for Financial Reporting Reform of the World Bank, Andreia Stanciu - Head of Association of Chartered Certified Accountants (ACCA) South Eastern Europe, Ingrid Melicherová - Executive director of the Auditors Supervisory Authority of the Slovak Republic, Members and inspectors of CPOSA, representatives of the Ministry of Finance, the Financial Supervision Commission, the Institute of Certified Public Accountants and statutory auditors.