Monday, December 20, 2010
Statement Issued in Accordance with Bye-Law 72.8 of the Bye-Laws of Chartered Accountants Ireland by the Complaints Committee of the Chartered Accountants Regulatory Board (CARB). A meeting of CARB’s Complaints Committee took place on 14 December 2010 at which four Reports of Special Investigator, .....
Tuesday, December 07, 2010
Employees and the self employed, private sector and public sector alike are being asked to dig deep. And digging even deeper, it seems that the Minister may have actually overshot the Four Year Plan's income tax target of €2.420bn by as much as €150m.It is unhelpful to describe the changes as bring.....
Wednesday, November 24, 2010
The most important tax aspect of the Four Year plan is the recognition that Revenue is generated by economic activity, not by increased tax rates. The taxation approach is to reduce or roll back tax allowances and reliefs, increasing the burden on individual taxpayers and bringing more taxpayers in.....
Wednesday, November 03, 2010
Chartered Accountants Ireland, the State's largest accountancy body, has welcomed the announcement by the Minister for Trade and Commerce, Billy Kelleher TD, that he is to implement the European Commission's Quality Assurance Recommendation.The effect of the decision will mean that the responsibili.....
Friday, October 29, 2010
Chartered Accountants Ireland, Ireland's largest and longest established professional accountancy body, has welcomed the publication by the Accounting Standards Board of an exposure draft entitled 'The Future of Financial Reporting in the United Kingdom and Republic of Ireland."The ASB documen.....
Friday, October 29, 2010
The number of Chartered Accountants in Northern Ireland has passed the 3,300 mark following the conferring of 41 new members of Chartered Accountants Ireland this week.The new members received their certificates in Belfast, officially joining the ranks of the profession. The total number of members.....
Wednesday, October 13, 2010
Chartered Accountants Ireland has said that the publication today by the European Commission of a Green Paper on audit policy demonstrates the key role played by statutory audit in providing independent assurance on financial information. The Green Paper marks the start of a 2 month consultation on.....
Tuesday, October 05, 2010
Today's Exchequer figures confirm that growth remains elusive, and that we are suffering through an overreliance on a small minority to pay the vast bulk of income tax. "Two thirds of all income tax is paid by one tenth of taxpayers" according to Brian Keegan, Director of Taxation with Ch.....
Friday, September 24, 2010
In their written response to the inquiry of Northern Ireland Affairs Committee at Westminster into Corporation Tax in Northern Ireland, Chartered Accountants are clear on the potential benefit of Northern Ireland having control of its Corporation Tax Policy.The response was provided by Chartered Ac.....
Thursday, September 16, 2010
Announcements today by the senior tax officers of OECD Member countries change the rules for the policing of multinational taxpayers and banks. The chiefs of the Revenue Authorities in the 40 OECD Member States have agreed, where necessary, to carry out simultaneous audits of multinational companie.....
Thursday, September 09, 2010
"The Commission proposals will focus on how much of a company's income should be taxed, not at what rate of tax" said Chartered Accountants Ireland Tax Director Brian Keegan. Chartered Accountants Ireland is responding to media reports today concerning an EU Common Consolidated Corporate .....
Friday, July 09, 2010
Chartered Accountants Ireland remains the biggest professional accountancy body in Ireland according to figures contained in the 2009 Annual Report from the Irish Auditing and Accounting Supervisory Authority (IAASA), the body established by statute to supervise the prescribed accountancy bodies op.....
Friday, June 11, 2010
Chartered Accountants Ireland has responded to the apparent commitment of the new Government in Westminster towards business regeneration and renewal for Northern Ireland. This follows on from Tuesday's meeting with the Prime Minister and Northern Ireland's First Minister and Deputy First Minister......
Friday, May 28, 2010
Chartered Accountants Ireland has today welcomed the publication of the revised Combined Code on Corporate Governance - henceforth to be known as the UK Code on Corporate Governance. The Listing Rules of the Irish Stock Exchange require listed companies to comment in their Annual Reports how they h.....
Wednesday, May 26, 2010
Chartered Accountants Ireland has commented that recently enacted company law provisions, The European Communities (Statutory Audits) Directive Regulations 2010, contain significant new provisions aimed at strengthening independent regulation of statutory auditors, provide, in statute, new measures.....
Friday, May 21, 2010
Mr Paul O'Connor, from Dublin, a partner at PricewaterhouseCoopers (PwC), has been elected as President of Chartered Accountants Ireland at the Institute's AGM today at Chartered Accountants House in Dublin. Mr O'Connor succeeds Mr Tom Fitzpatrick as the 83rd President of the Institute which was fo.....
Thursday, May 13, 2010
Chartered Accountants Ireland has noted the EU Commission Communication on Reinforcing Economic Policy Coordination. In our view, there is nothing in the Communication which could prejudice the 12.5% Corporation Tax rate in Ireland.The Institute's Director of Taxation Brian Keegan said: "Chart.....
Friday, May 07, 2010
The lifetime achievement award is an award presented to members of this Institute whose contribution to the profession, to business life and to Irish society in general has been outstanding. It is recognition by Council not just of the individual recipients but of our role as a public interest body.....
Thursday, May 06, 2010
In choosing our theme for this year's conference we were determined to be upbeat. The temptation to reflect only on what has happened to the Irish economy in the last couple of years had to be resisted. Without doubt the Irish economy has been through its most turbulent shock in living memory. Argu.....
Wednesday, May 05, 2010
EU proposals for a harmonised approach to company taxation will be detrimental both to Irish and to European business interests alike. This is the message Chartered Accountants Ireland is outlining to European Commissioner, Algirdas Semeta in Brussels today (Wednesday, May 5th) in the first meeting.....
Thursday, March 25, 2010
Northern Ireland's Chartered Accountants said that Chancellor Alistair Darling's Budget was more about political statements than economic announcements, but that there was some support for small businesses which could have a positive effect for local firms. Kevin Kingston, Chairman of Chartered Acc.....
Thursday, March 11, 2010
Chartered Accountants Ireland has welcomed the positive vote of the European parliament on the proposal to allow member states exempt very small companies (micro entities) from the requirements of the European Accounting Directives, which in Irish law, are reflected primarily in the Companies (Amen.....
Monday, March 08, 2010
Chartered Accountants Ireland has commented on the Consultation from the Financial Reporting Council on revisions to the Combined Code on Corporate Governance. The proposed changes to the Code are both structural and content. Two significant new principles have been added to the Code. These are tha.....
Friday, March 05, 2010
Chartered Accountants Ireland are delighted to announce the publication of Neil Hughes's Beating the Recession: The Seven Cs of Business Recovery.About the Book:After more than a year of the hardest-hitting recession in living memory, Irish business has been left shell-shocked. A generation of busi.....
Tuesday, March 02, 2010
Chartered Accountants Ireland has today welcomed new Regulations signed by the Tánaiste in recent days that provide clarification around the effective dates of new financial reporting requirements and new disclosures relating to corporate governance practices adopted by listed companies that arise .....
Friday, February 19, 2010
Chartered Accountants Ireland has welcomed the publication of guidance issued by the Auditing Practices Board on the audit of occupational pension schemes in the Republic of Ireland. This updates the current guidance, which was issued in December 2005, for changes in the regulatory environment for .....
Friday, February 19, 2010
According to the latest (Audit Bureau of Circulation) ABC figures published today, Accountancy Ireland now has the biggest circulation of any business magazine in Ireland. For the period ending June 2009 Accountancy Ireland's circulation reached 26,552 substantially ahead of other business publicat.....
Thursday, February 11, 2010
Chartered Accountants Ireland, the island's largest accountancy body, has added its support to proposed changes in accounting standards which would see Irish and UK Generally Accepted Accounting Principles (GAAP) replaced by a three-tiered approach, whereby companies would apply one of the followin.....
Friday, February 05, 2010
This year's Finance Bill contains several initiatives to improve Ireland's competitive position as a good place to invest. But there is also a heavy emphasis on collection, restriction of existing tax reliefs, and enforcement.Ireland as a location for Multinational HeadquartersChanges to the Corpor.....