Tag Archives: CPD

Charities Regulator Report by the Numbers

Charities Regulator Report by the Numbers As we saw in last weeks’ blog there is a wide variety of charity on the Register of Charities in Ireland. This week we look at the percentage of charities by income and numbers of employees. Charities by Income 52% of charities had annual income of more than €100,000,… Read More


Charities Regulator Report

Charities Regulator Report The number of charities registered in Ireland passed the 10,000 mark in 2019 (the actual number was 10,514), according to the Charities Regulator which published its annual report in July 2020. The Register of Charities The 10,514 charities on the public Register of Charities at the end of 2019 is an increase… Read More


Anti-Money Laundering Compliance

How is your AML Compliance? In last week’s blog we wrote about the recent publication of the 2019 Annual Report of the Chartered Accountants Regulatory Board (CARB). The section on Money Laundering inspections will be of interest to readers. Money Laundering Compliance Review – Every firm is required to perform an annual money laundering compliance… Read More


Institute Inspection Visit Results for 2019

Institute Inspection Visit Results for 2019 The publication of the 2019 Annual Report of the Chartered Accountants Regulatory Board (CARB) makes interesting reading. It includes the results of the inspections carried out by the Professional Standards Department  that were concluded in 2019. Here we look at an extract from the report where 113 audit inspections… Read More


Audit Evidence

The recent reminder from the Chartered Accountants Ireland Professional Standards Department about findings on audit review visits, could have been written ten years ago or more. The same issues keep coming up. They are essentially about the lack of adequate evidence and lack of documentation of the audit work performed. There are some critical concepts… Read More




How to deal ethically with conflicts of interest

As we highlighted last week there is a newly revised and restructured Code of Ethics coming soon for accountants in Ireland, expected to be effective from the 1st of March 2020. Sometimes accountants realise they have a conflict of interest due to lack of foresight or pre-planning. An example could be trying to sort out… Read More


NOCLAR – One of the forthcoming changes to the Code of Ethics

As we highlighted last week there is a newly revised and restructured Code of Ethics coming soon for accountants in Ireland, expected to be effective from the 1st of March 2020.  As readers might know, the Code of Ethics used by accountants across the British Isles is based on the code issued by the International… Read More


The five fundamental principles of ethical behaviour

A reminder of what they are before the new Code of Ethics becomes effective The nature of accountancy and the complexity of the work that accountants, tax advisers, insolvency practitioners and auditors do, means that this work needs to be trusted, and demonstrate the highest standards of professional conduct.  The Code of Ethics and its… Read More