A request for recognition must be filed for management accountancy professions (management/commercial/payroll accountants) exercised by firms.

The authority will issue an official decision refusing recognition if the requesting party fails to meet any of the requirements for recognition.

The authority will revoke a recognition-based licence to exercise a management accountancy profession if the party concerned no longer meets the general requirements for recognition.

For firms the regulations of the Trade, Commerce and Industry Regulation Act 1994 ( Gewerbeordnung 1994) do apply. General requirement is a valid errors and omissions insurance policy. The manager pursuant to trade law has to comply with the general requirements for the public appointment und must have passed the professional examination successfully which covers the entire extent of the firm's authorisation.

No special deadlines need to be observed.

The President of the Austrian Federal Economic Chamber/ Office of the Management Accountancy Authority ( → WKO) ^{German text} ( Der Präsident der Wirtschaftskammer Österreich/Geschäftsstelle Bilanzbuchhaltungsbehörde)

The request may be submitted personally or in writing to the competent authority.

• Documentary proof of identity;
• Supporting documents concerning satisfaction of requirements (error and omissions insurance policy, office address, successfully passed professional examination, recent extract from the Companies Register (no more than six months old)).

Request

The fee for the request is Euro 47.30; for each attachment not charged yet the fee is Euro 3.90.

Management accountancy professions (→ WKO) ^{German text}

• Sections 7 to 11, 24, 28 to 32 of the Bilanzbuchhaltungsgesetz (BiBuG)
• Gewerbeordnung (GewO)

I have noted that the data provided by me, as well as any data received by the administration over the course of the preliminary investigation, will be automatically processed as per article 6, para. 1 lit. c and e of the General Data Protection Regulation in accordance with the underlying material laws of the legal process. Furthermore, I am aware that this is for the purpose of executing the legal procedure initiated by me, the granting of regulatory approval and also for the purpose of review. I have read the general information regarding: 

• the right to access, rectification, erasure, restriction of processing, withdrawal and objection, as well as on data portability
• the right to lodge a complaint with the Austrian data protection authority
• the responsibilities of the process controller and the data protection officer as per https://datenschutz.stmk.gv.at.

Federal Ministry of Labour and Economy

12 January 2024