The Auditor’s Statutory Right and Duty to Report to Regulators of Public Interest Entities and Regulators of Other Entities in the Financial Sector
ISA (Ireland) 250B deals with the circumstances in which the auditor of
an entity subject to statutory regulation (a ‘regulated entity’) is required to report direct
to a regulator information which comes to the auditor’s attention in the course of the
work undertaken in the auditor’s capacity as auditor of the regulated entity.
This Section of ISA (Ireland) 250 is for the audits of financial statements for periods
commencing on or after 15 July 2021.