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EFRAG Comment Letter on Foreign Currency Transactions
EFRAG has issued its Comment Letter and Feedback Statement on the IASB's Draft Interpretation Foreign Currency Transactions and Advance Consideration. The purpose of the Draft Interpretation is to propose the exchange rate to use when reporting transactions with a prepayment asset or a deferred income liability that are denominated in a foreign currency in accordance with IAS 21 The Effects of...

FRC highlights role of Engagement Quality Control Reviewer in overall audit quality
The Financial Reporting Council has issued a thematic review undertaken by its Audit Quality Review (“AQR”) team on the work performed by engagement quality control reviewers (“EQCR”) in the audit of financial statements.  One of the FRC’s concerns is that firms’ do not maintain a consistently high standard of auditing.  Whilst excellent work is performed by many, some in...

CRO Gazette
The Companies Registration Office (CRO) has just issued its weekly gazette which includes lists of new companies, liquidations and other registered documents. Please click here to access the newsletter....

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Family Business book coverRecommended Reading
Family Business - A Survival Guide
By Kieran McCarthy

Family businesses can be found in every sector of the economy, in all shapes and sizes. Regardless of size, however, running a successful family business brings unique challenges which can affect its chances of survival and the transition to the next generation.

Chartered Accountants House

Chartered Accountatns HouseChartered Accountants House, home of Chartered Accountants Ireland, is Dublin's newest and best equipped conferencing centre for business. Our facilities are now open and we invite you to visit.

 

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