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.

The Irish Auditing and Accounting Supervisory Authority (IAASA) will host its annual audit committee briefing on 17 October 2023. Topics for the current year include: • Sustainability reporting • IAASA regulatory updates • Audit Committee panel session • Audit Committee education topics Registration closing 13/10/2023. The event will take place in the The Hilton, Charlemont … Continued

IAASA, Ireland’s accounting enforcer, has today published a Paper “Transparency Regulations – information requests”. Companies are required to publish a Management Report setting out a fair review of the development and performance of the business and the position of the company along with a description of the principal risks and uncertainties that the company faces. … Continued

IAASA publishes its AAPA Report for 2022. The Irish Auditing and Accounting Supervisory Authority (IAASA) has published its 2022 Annual Audit Programme and Activity Report. This report provides a summary of the activities performed by IAASA during 2022 to oversee the audit profession in Ireland. The report outlines the outcome of IAASA’s quality assurance review … Continued

Settlement Agreements have been reached with Mr Brian Hughes and Mr John O’Callaghan The investigations concerned the audit of the financial statements Greenlight Reinsurance Ireland DAC for the year end 2018. The Authority has decided to impose a Reprimand and a Fine of €10,500 on Mr Brian Hughes.   In respect of Mr John O Callaghan … Continued

Settlement Agreements have been reached in respect of Mr Tony Kelly and Ms Alison Gray. The investigations concerned the audit of the financial statements of Wirecard UK and Ireland Limited. The Authority has decided to impose a Severe Reprimand and a Fine of €19,500 on Mr Tony Kelly.   In respect of Ms Alison Gray the … Continued

IAASA has published its annual Profile of the Profession for 2022. This contains statistical data provided by the six Prescribed Accountancy Bodies (‘PABs’) within IAASA’s supervisory remit. The Profile of the Profession presents an overview of the PABs’ members and students and includes statistics about the PABs’ regulatory and monitoring activities. The full report is available … Continued

The full Settlement Agreement is available here.

IAASA, Ireland’s accounting enforcer, has today published a Paper “IFRS 13 Fair Value Measurement – information requests”. IFRS 13 defines fair value, sets out a framework for measuring fair value, and requires disclosures about fair value measurements in financial statements. This Paper lists the fair value information requests that IAASA has made to entities during … Continued

Today, the Irish Auditing and Accounting Supervisory Authority (IAASA) has published a summary of the outcomes of its examinations of financial reports completed in 2022. This summary outlines the findings from financial statement examinations completed by IAASA’s Financial Reporting Supervision Unit in 2022. The summary shows that the level of compliance by companies with financial … Continued