IAASA’s annual report has been laid by the Minister before the Houses of the Oireachtas. Commenting on the report, Chief Executive 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 a benchmark in terms of our expectations on quality, and where necessary a robust enforcement policy where there are significant departures from that benchmark. IAASA also maintains quality throughout the profession by the issue of high quality auditing standards and through its oversight of the regulatory activities of the prescribed accountancy bodies. Looking to the future, IAASA is preparing for the impact of the Corporate Sustainability Reporting Directive and its corporate reporting and assurance requirements. While IAASA is focussing on its public interest entity population, these will in time impact on thousands of companies in Ireland.”
The report can be downloaded below:
Readers may also be interested in the Authority’s annual audit planning & activity report 2023