The Public Company Accounting Oversight Board has signed a cooperative agreement with Finland’s audit regulator, allowing officials from the U.S. and Finland to conduct joint inspections of auditing firms and share information about them.

The agreement was announced Monday, shortly after the announcement of a similar deal with France (see PCAOB Strikes Inspection Deal with French Auditing Firm Regulator). In the Finnish deal, the PCAOB entered into an agreement with the Auditing Board of the Central Chamber of Commerce of Finland, also known as AB3C, relating to the oversight of audit firms subject to the regulatory jurisdictions of both regulators. The agreement takes effect immediately.

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