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IAASA has published the latest edition of its Standards Newsletter

July 10, 2024

Welcome to the July 2024 edition of our Standards Newsletter. In this edition you’ll find updates on assurance of corporate sustainability reporting in Ireland, recent revisions to ISA (Ireland) 505 External Confirmation, proposed revision of the Ethical Standard for Auditors (Ireland) and international developments. We hope you find it informative and helpful. The July edition … Continued

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ESMA publishes material supporting corporate sustainability reporting

July 8, 2024

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

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IAASA welcomes signing into law of CSRD Statutory Instrument

July 5, 2024

Minister for Enterprise, Trade and Employment, Peter Burke TD has today signed into law the Statutory Instrument giving effect to the provisions of the Corporate Sustainability Reporting Directive (CSRD). The SI provides for the following key elements: The EU has already approved the European Sustainability Reporting Standards which will apply to companies in scope for … Continued

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Quality Assurance Reviews

June 28, 2024

Notification- frequency of reviews IAASA wishes to highlight that the statutory requirement regarding quality assurance reviews conducted by the Recognised Accountancy Bodies (RABs) is not limited to every six years.  Please see link to notification here

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IAASA publishes its 2023 Annual Report

June 27, 2024

Following the laying of the report by the Minister, IAASA has published its Annual Report for 2023. Highlights from the report include: Commenting on the Annual Report, Chief Executive Officer Kevin Prendergast said: “IAASA continues to support the highest standards of auditing and corporate reporting quality. This is achieved through our regulatory approach that sets … Continued

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IAASA publishes Feedback Paper on its Consultation on the Adoption of a Sustainability Assurance Standard in Ireland

June 20, 2024

Following public consultation to obtain stakeholders’ views on the appropriate standard for sustainability assurance in Ireland, IAASA has published its Feedback Paper and Responses Received. IAASA intends to adopt the International Standard on Assurance Engagements 3000 Revised (ISAE 3000), Assurance Engagements Other Than Audits or Reviews of Historical Financial Information. Adoption will take place when … Continued

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IAASA invites potential members and advisors to enquiry/investigation committees

June 20, 2024

IAASA undertakes statutory enquiries (‘s933 Enquiries’) and investigations (‘s934 Investigations’) under the companies act 2014 and its own regulations. The preliminary stages are undertaken by the executive. From time to time, IAASA may need to establish committees to carry out full enquiries/investigations, where the matter cannot be settled by mutual agreement before that stage. Membership … Continued

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Career opportunity in IAASA

June 20, 2024

IAASA is seeking to recruit a finance & travel officer. IAASA’s corporate services unit provides all internal support services to the Authority, including finance, HR, ICT, facilities management and administration, together with company secretarial functions. The finance & travel officer processes payments for IAASA, and makes international and local travel bookings for staff. The successful … Continued

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IAASA & IAFA JOINT RESEARCH FUNDING COMPETITION

June 18, 2024

IAASA and the Irish Accounting & Finance Association (IAFA) are delighted to announce a research funding competition to support and advance research projects for IAFA members. Applications from researchers within all accounting and finance disciplines are welcome. Research projects with a specific focus on the following areas are encouraged: Applications are now open and will … Continued

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Integrating Sustainability Reporting and Assurance into Accounting Education Conference

June 18, 2024

IAASA and IAFA (Irish Accounting and Finance Association) are hosting a conference on 01 November 2024. The purpose of the conference is to build awareness of the implications of sustainability reporting and assurance for accounting education, and to foster meaningful dialogue and collaboration among stakeholders to drive positive change. Speakers at the event include:                … Continued

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