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NEWS & UPDATES
Balance Sheet Shock for Some Irish Businesses
In this first of two blogs, we look at the impact of the leasing changes to FRS 102 coming soon. For accounting...
Guidance for Auditors of Smaller Less Complex Entities
As we forecast in our 1 July blog, the Financial Reporting Council published new draft guidance to assist auditors of...
Beneficial Ownership Prosecutions Commenced
At the April 2025 meeting of the CRO Stakeholder Forum, the minutes of which are regularly published on the CRO...
Mini Umbrella Company (MUC) Fraud
The UK’s National Crime Agency magazine (SARS in Action Issue 31) published in April 2025, highlighted a growing...
Private Equity and Audit: A Threat or an Opportunity?
The above report was published by the Institute of Chartered Accountants of Scotland (ICAS) in May 2025 and reported...
New FRC Practice Note Expected for SME Auditors
In recent weeks we have published a series of blogs about guidance published by the UK Financial Reporting Council to...
FRC Explains the Principles Common to all Audits
The UK Financial Reporting Council published, in May 2025, some brief guidance, as part of a campaign to support SME...
FRC Explains the Value of an Audit
As we said last week, the UK Financial Reporting Council published, in May 2025, some brief guidance, as part of a...
FRC Explains What is an Audit?
The UK Financial Reporting Council has recently published some really useful guidance, as part of a campaign to...
FRC Campaign to Support SMEs and Their Auditors
The UK Financial Reporting Council (which writes the audit standards for the UK and Ireland. These standards licenced...
Employee Integrity under the Proposed New AMLR
We saw last week that the proposed new AML Regulation AMLR places additional emphasis on AML training for employees...
AML Training in the Proposed New AMLR
The proposed new EU Anti-Money Laundering Regulation (AMLR) is expected to be effective in Ireland in 2027. This week...
