Tag Archives: companies (accounting) act 2017

Implications of early adoption of the Companies (Accounting) Act 2017.jpg

Implications of early adoption of the Companies (Accounting) Act, 2017

  The Companies (Accounting) Act, 2017 came into effect from 9 June 2017. It applies for accounting periods commencing on/after 1 January 2017 but early adoption of certain parts is allowed in Section 14 for accounting periods starting on/after 1 January 2015.  Early adoption of the relevant parts of the Companies (Accounting) Act, 2017 may… Read More

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Ireland adopts FRS 105 for the first time

  The Companies (Accounting) Act, 2017 (CAA 2017) came into effect from 9 June 2017. Among other matters, it allows certain types of company called ‘micro companies’ use FRS 105, the Financial Reporting Standard applicable to the Micro-Entities Regime as well as allowing use of Section 1A of FRS 102 for certain types of ‘small’… Read More