Application for revocation of the recognition of the Institute of Chartered Accountants of Scotland (‘ICAS’)

The Institute of Chartered Accountants of Scotland (‘ICAS’) has applied to IAASA to have its recognition revoked in December 2021. IAASA is now seeking submissions from interested parties by 30 November 2021. If ICAS’ recognition were to be revoked, it would mean that ICAS would no longer be able to approve statutory auditors in Ireland. It also means that ICAS members in Ireland would no longer be regulated by IAASA. If you wish to make a submission in relation to this, please email your submission to [email protected] before 5pm on 30 November 2021. As our offices remain closed due to COVID-19, we request that you submit only by email as our post is not monitored regularly.