The CRO introduced email alerts to Auditors when their Auditor Registration Number (“ARD”) is included on a B1 Annual Return when filed at the CRO. Once a month the CRO issue an email to all Auditors whose ARN was used in the last month listing the companies that have used that ARN. Auditors can contact […]

An Auditor may cease to hold the office of Auditor of a Company in a number of ways. These may include:- Resignation from Office by the Auditor pursuant to Section 185 Companies Act 1990; Removal of the Auditor from office by the company (pursuant to Section 160 Companies Act 1963; Retirement by the Auditor at […]

The ODCE recently published its Annual Report for 2010. The Report contained details of the number of indictable offences reported to their office. 194 reports from Auditors and Accountancy Bodies of suspected breaches of the Companies Acts were received by the ODCE. This represented a drop of 18% on 2009 figures of 237.  The main […]

The Minister for Jobs, Enterprise and Innovation Richard Burton recently announced that the audit exemption thresholds will be increased to the maximum level permitted under EU Law. The increase in thresholds is part of the government’s target of a reduction of 25% in the red tape imposed by the Government on business. The increase in […]

Company Secretarial Issues The Statutory Audit Directive (S.I. No. 220/2010) removed the restriction on auditors from operating as a body corporate in Section 187 (2)(g) Companies Act 1990. The main benefits of the new change are the shareholders in an incorporated audit firm are limited to the amount unpaid on their shares in the company […]