New auditor reporting requirements a step in the right direction – Chartered Accountants Ireland
Friday 6 March 2015
Chartered Accountants Ireland today said that the recent changes to how auditors are required to report on company accounts have begun to address some of the criticisms levied at the statutory audit process in the wake of the financial crisis. The changes came into effect for financial years ending December 2013. They require auditors of listed companies...
Recently Published – Penelope Kenny’s Corporate Governance for the Irish Arts Sector
At a time when, financially and politically, Irish cultural Institutions are braced for significant grant cuts in the coming years, fundraising from various sources (other than the Arts Council) may well be the only way for those institutions to maintain their status. If this becomes the case, Irish cultural institutions may need to become more ready to apply for and...
This week’s UK tax tidbits
This week’s interesting items cover a number of areas.
Agent Update 46 (February – March 2015) has been published.
VAT Information sheet 01/15 provides guidance on claims by non-profit making sports clubs for overpaid VAT on supplies of sporting services made to non-members. HMRC now accepts that these supplies can be treated as exempt from VAT and on 1 January 2015 introduced...