Join us for the IAASA Audit Committee Briefing 2025 taking place at Chartered Accounts Ireland, 47/49 Pearse St, Dublin 2. This in-person and live streamed event will feature expert industry speakers and engaging discussions on regulatory and sustainability developments, including insights from early adopters and key topics relevant to audit committees. Don’t miss this opportunity … Continued

IAASA has released its first publication, as part of its 2025 AQS Insight Series. This publication focuses on key messages on auditing related parties. Download the Inspection Insight Series: Auditing Related Parties  

Firmwide systems of quality management show increase in findings. Small decrease in percentage of inspected audit files needing improvement. Today, IAASA has published its 2024 quality assurance review reports in respect of seven firms that perform statutory audits of public-interest entities (PIEs) in Ireland. The reports summarise IAASA’s inspection of each firm’s internal system of … Continued

Today, IAASA released a paper summarising the outcomes of its 2024 financial report examinations. The summary highlights the various issues IAASA addresses with companies as part of its corporate reporting supervision. The paper indicates a strong overall compliance with financial reporting requirements. IAASA remains dedicated to ensuring transparency and accountability in corporate reporting.

The IAASA Audit Committee Briefing 2024 has now been uploaded to the IAASA YouTube channel. You can access all sessions here.

The European Securities and Markets Authority (ESMA) has published its annual Public Statement setting out the European common enforcement priorities (ECEP) for 2024 annual corporate reports. The Statement addresses financial reporting and sustainability reporting topics. The ECEPs Statement is available here.

IAASA, Ireland’s accounting enforcer, has today published its annual Observations paper highlighting matters that management, Audit Committees and auditors should consider when preparing, approving and auditing financial statements for 2024 year end dates. The Observations paper addresses financial reporting matters and, for the first time, sustainability reporting matters. The Corporate Sustainability Reporting Directive (CSRD) is in force for … Continued

IAASA issued a letter to Audit Committee Chairs highlighting responsibility for the process of preparing the sustainability reports as well as for monitoring the assurance process. The letter also highlights IAASA’s expectation that compliance with these requirements may significantly impact the annual reporting timelines. The letter is available to view here.

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published: These documents are designed to support the consistent application and supervision of sustainability reporting requirements across the EU. The purpose of the GLESI is to provide guidance to build convergence on supervisory practices in the area of sustainability reporting. … Continued