Public Supervision Committee and audit committees as new bodies ensuring the quality of examined financial statements

The paper presents changes in the area of auditing, introduced in Poland in accord-ance with Directive 2006/43/EC. The changes are intended to ensure high quality of services provided by statutory auditors as well as reliability and credibility of financial statements. Achievement of this aim should be easier thanks to introduc-ing an independent body of public supervision and establishment of audit commit-tees in entities of public interest. The article also undertakes assessment of the effi-ciency and effectiveness of the new legal and organizational solutions, largely based on the solutions used in the United States.