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IAASA has published a Consultation paper on its proposal to revise International Standard on Auditing (ISA) (Ireland) 505

January 9, 2024

IAASA has published a Consultation paper on its proposal to revise International Standard on Auditing (ISA) (Ireland) 505 External Confirmations and make related conforming amendments to ISA (Ireland) 600 (Revised February 2023) Special Considerations – Audits of Group Financial Statements (Including the Work of Component Auditors). The proposed effective date of the revised standard is … Continued

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Reminder Closing Date 08/12/23 – Vacancies on the Technical Advisory Panel of the Irish Auditing and Accounting Supervisory Authority

November 28, 2023

The Irish Auditing and Accounting Supervisory Authority is seeking applications from suitably experienced candidates for appointment to its Technical Advisory Panel (‘TAP’) for two vacancies commencing in February 2024.  The TAP contributes to the work of IAASA in adopting auditing standards and related guidance for use in Ireland. Applications are invited from candidates from diverse backgrounds with … Continued

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IAASA wants to hear your views!

November 20, 2023

IAASA has launched a Stakeholder Perceptions Survey to gather insights into how its stakeholders perceive IAASA. It focuses on IAASA achievement of its mission of “upholding quality corporate reporting and an accountable profession”. We’re also keen to understand your thoughts on IAASA’s communications, stakeholder engagement, and decision-making processes.  🔒 Rest assured, all responses are 100% … Continued

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IAASA publishes factsheets about its quality assurance review of the audits of public interest entities.

November 14, 2023

As part of our information series on ‘What IAASA does’, IAASA has published five factsheets providing an overview of its role and approach to the quality assurance review of the audits of public interest entities in Ireland.  The factsheets summarise the review process, set out the audit firms and key stakeholders involved, and offer a … Continued

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Updates to the Irish Auditing Standards & Glossary of Terms

October 20, 2023

IAASA has updated the auditing standards to reflect the conforming amendments required due to the adoption of the quality management standards. The quality management standards adopted by IAASA in December 2021 are: They are effective from December 2022. The standards that have been updated to reflect the conforming amendments are: A document setting out these … Continued

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IAASA has published the latest edition of its Standards Newsletter

September 25, 2023

Welcome to the September 2023 edition of our Standards Newsletter, which is focused on the assurance of sustainability information. In this edition you’ll find a brief overview of the European Corporate Sustainability Reporting Directive requirements relating to assurance, an overview of proposed International Standard on Sustainability Assurance (ISSA) 5000, and details of how to register … Continued

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IAASA has responded to the IESBA consultation on its Strategy & Work Plan, 2024-2027

July 20, 2023

IAASA has recently responded to the IESBA (International Ethics Standards Board for Accountants) consultation on its Proposed Strategy and Work Plan, 2024-2027. The IAASA comment letter is available here The consultation and further information is available here

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IAASA launches RMS Factsheet

July 6, 2023

As part of our information series on ‘What IAASA does’, IAASA is publishing ia Regulatory & Monitoring Supervision ‘RMS’ Factsheet. The factsheet gives a brief overview into the functions of RMS and a set of useful links to access other relevant information. You can access the factsheet at the link here.

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IAASA has published a June 2023 edition of Standards Newsletter

June 28, 2023

Welcome to the June 2023 edition of our Standards Newsletter. Its aim is to provide the latest news and information about IAASA’s auditing and assurance standards projects. In this edition you’ll find information on the revision of ISA (Ireland) 600 for group audits, updates to the CEA guidance note, ethics for auditors in Ireland, proposed … Continued

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IAASA publishes updated guidance note on Reporting to the Corporate Enforcement Authority

May 30, 2023

IAASA previously published a guidance note on Reporting to the Director of Corporate Enforcement in 2019. The guidance note has been published with updated referencing arising from the Companies (Corporate Enforcement Authority) Act 2021, updated ISAs and other relevant legislation. The guidance note is available here.

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