Minister announces increase in Audit Exemption

12/05/2006

Michael Ahern TD, Minister for Trade & Commerce, has announced his intention to increase the statutory audit exemption limit to €7.3m, the maximum level allowed under EU legislation

Council of the European Union adopts Directive on Statutory Audit

26/04/2006

The Council of the EU has adopted a Directive updating, and introducing additional EU rules on the audit of company accounts, aimed at reinforcing the reliability of company financial statements.

Authority invites comments on protection of term 'Accountant'

02/03/2006

The Authority is inviting comments from interested parties as to whether the term 'accountant' should be afforded legal protection under the Companies Acts.

Three additional accountancy bodies brought within the Authority’s remit

06/02/2006

The three new bodies are the Association of International Accountants (AIA), the Chartered Institute of Management Accountants (CIMA) & the Chartered Institute of Public Finance & Accountancy (CIPFA).

Further sections of the 2003 Act commenced

03/02/2006

The Minister for Trade and Commerce, Mr. Michael Ahern, T.D. has signed S.I. 56 of 2006 into law.

Authority makes senior appointment

01/02/2006

The Authority has appointed Ms Helen Hall, FCA, as Head of Regulatory & Monitoring Supervision.

Statutory Board of IAASA holds its first meeting

03/01/2006

The statutory Board of the Irish Auditing and Accounting Supervisory Authority (IAASA) held its first meeting today in Dublin.

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