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Authority recommends that entitlement to use of the description ‘accountant’ be restricted to certain persons

02/04/2007

The Irish Auditing & Accounting Supervisory Authority has recommended to the Minister for Trade & Commerce that use of the description ‘accountant’ should be restricted to certain persons.

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International audit regulators hold first meeting of IFIAR

26/03/2007

n 22 and 23 March 2007, independent audit regulators from 22 countries attended the first meeting of the International Forum of Independent Audit Regulators, since it was formed in September 2006.

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EU Commissioner McCreevy meets with PCAOB Chairman Mark Olson on EU-US cooperation on audit regulation

07/03/2007

EU Internal Market and Services Commissioner Charlie McCreevy and PCAOB Chairman Mark Olson agreed to launch roadmap discussions on co-operation between EU and US auditor public oversight systems.

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IASB publishes draft IFRS for SMEs

27/02/2007

The International Accounting Standards Board announced the publication of its Exposure Draft dealing with International Financial Reporting Standards for Small & Medium-sized Entities on 15th February

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ASB issues Exposure Draft on half-yearly financial reports

14/02/2007

The Accounting Standards Board (‘ASB’) has today published an Exposure Draft (‘ED’) entitled ‘Half-Yearly Financial Reports’, and is inviting public comment thereon.

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EU Commission consults on possible reform of auditor liability rules in the EU

18/01/2007

The European Commission has today launched a public consultation on whether there is a need to reform rules on auditors’ liability in the EU and on possible ways forward.

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Authority invites comments on draft S. 23 Regulations

12/01/2007

he Authority has issued draft Regulations governing the conduct of enquiries pursuant to section 23 of the Companies Act, 2003 and an accompanying Consultation Paper

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EU Commission invites comments on the regulation of non EU audit firms under the 8th Company Law Directive

11/01/2007

he European Commission has today launched a public consultation on its future strategy and priorities on statutory audit in relation to non-EU countries ('third countries').

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Minister refers current auditor liability regime to CLRG

03/01/2007

Minister Michael Ahern TD, Minister for Trade & Commerce, has confirmed that he has asked the Company Law Review Group (CLRG) to examine the question of auditor liability

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President enacts the Investment Funds, Companies And Miscellaneous Provisions Bill 2006

24/12/2006

Sunday, 24th December, 2006: The Investment Funds, Companies And Miscellaneous Provisions Bill 2006 has been signed into law by the President. The text of the Act can be found here.

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