Following public consultation, IAASA has today (14 December) updated the definition of ‘’listed entity’ in its Glossary of Terms.
The amendment will align the definition of ‘listed entity’ in the Irish auditing framework more closely with the International Auditing and Assurance Standards Board (IAASB) definition. It will also provide additional clarity to auditors about the entities classified as listed entities in Ireland.
The revised definition applies to audits of financial statements for periods beginning on or after 15 December 2021.
The revised Glossary of Terms is available here.
The feedback paper is available here.
Responses received are available here.