The Auditing Practices Board ('APB') has this week issued for consultation an Exposure Draft of Practice Note 15 (I) (Revised). Comments are requested by 10 November 2009.
The current guidance, which was issued in December 2005, has been updated for changes in the regulatory environment for pensions in Ireland including the Occupational Pensions Schemes (Disclosure of Information) Regulations 2006.
Richard Fleck, Chairman of APB commented:
"APB is extremely grateful for the work of the Institute of Chartered Accountants in Ireland and the Irish Pensions Board in helping to prepare this document; we hope that it will be of assistance to auditors of Irish pension schemes."
A copy of the Exposure Draft may be downloaded free of charge from the Exposure Drafts page in the publications section of the APB's web site.