In response to Government-mandated Level 5 restrictions, IAASA staff will not be accessing its offices.  This means that hard-copy post will not be delivered by An Post until the current restrictions are lifted, expected to be 2 December.  Similarly, there will be no access for couriers. In the meantime, all IAASA staff continue to undertake … Continued

IAASA has published its annual Profile of the Profession which contains statistical data regarding the eight Prescribed Accountancy Bodies (‘PABs’) within IAASA’s supervisory remit in Ireland for the year 2019. The Profile, which was compiled with the assistance of the PABs, presents an overview of the PABs’ memberships, student numbers and profiles, as well as … Continued

The European Securities Markets Authority (ESMA) has today published a Public Statement calling for co-ordination of supervisory action on accounting for lease modifications arising as a direct consequence of the COVID-19 pandemic. IFRS 16 Leases contains requirements that specify the financial reporting treatment to be applied for changes in lease payments, including rent concessions. In … Continued

The Irish Auditing and Accounting Supervisory Authority (IAASA) will be hosting an audit committee breakfast briefing on 10 September 2020. Speakers on the day will cover a number of key areas relating to the expanded role of audit committees, current regulatory requirements as well as communications with regulators. The event is envisaged to be a … Continued