The IAASA Audit Committee Briefing 2024 has now been uploaded to the IAASA YouTube channel. You can access all sessions here.

IAASA hosted the IAASA-IAFA Conference on ‘Integrating Sustainability Reporting and Assurance into Accounting Education’ at Maynooth University last Friday 1 November 2024. The discussions on the sustainability imperative and the Corporate Sustainability Reporting Directive highlighted the significant changes already in progress and those ahead for accounting education. The dialogue on preparing future accountants for sustainability … Continued

The European Securities and Markets Authority (ESMA) has published its annual Public Statement setting out the European common enforcement priorities (ECEP) for 2024 annual corporate reports. The Statement addresses financial reporting and sustainability reporting topics. The ECEPs Statement is available here.

IAASA, Ireland’s accounting enforcer, has today published its annual Observations paper highlighting matters that management, Audit Committees and auditors should consider when preparing, approving and auditing financial statements for 2024 year end dates. The Observations paper addresses financial reporting matters and, for the first time, sustainability reporting matters. The Corporate Sustainability Reporting Directive (CSRD) is in force for … Continued

IAASA has updated the auditing standards to reflect the conforming amendments required due to the revision of ISA (Ireland) 600, Audits of Group Financial Statements (Including the Work of Component Auditors) in February 2023. The revised standard is effective for financial periods beginning on or after 15 December 2023. The standards that have been updated … Continued

Following public consultation, IAASA has adopted ISAE (Ireland) 3000, Assurance Engagements Other Than Audits or Reviews of Historical Financial Information – Assurance of Sustainability Reporting in Ireland. This standard must be applied by auditors performing sustainability assurance engagements required by the European Corporate Sustainability Reporting Directive (CSRD). The standard is based on ISAE 3000 (Revised) … Continued

Following eight years, IAASA’s Chairperson Martin Sisk will step down on the expiry of his term in December. The Minister for Enterprise, Trade & Employment, through the Public Appointments Service, is inviting applications from suitably-qualified individuals to fill this role. The Chairperson shall be a ‘lay member’ of the board, i.e., they shall not be … Continued

3 September 2024 IFRS 18 Presentation and Disclosure in Financial Statements applies to annual reporting periods beginning on or after 1 January 2027. IAASA believes that in planning for and adopting IFRS 18, companies should seize the opportunity to re-evaluate their current financial reporting treatments and consider whether those processes can be improved to provide … Continued

D’fhoilsigh UMICÉ páipéar comhairliúcháin chun tuairimí na bpáirtithe leasmhara a bhailiú maidir lena thogra chun an Caighdeán Eiticiúil d’Iniúchóirí (Éire) a athbhreithniú. 📅 Dáta Éifeachtach Beartaithe: Le haghaidh iniúchtaí ar ráitis airgeadais do thréimhsí dar tosach an 15 Nollaig 2025 nó dá éis. Ceadaítear glacadh go luath. Féach ar an bpáipéar comhairliúcháin agus ar an … Continued