Technical roundup 27 October

Oct 25, 2017

Developments of interest this week are outlined.


  • Chartered Accountants Ireland and the Consultative Committee of Accountancy Bodies, Ireland (‘CCAB-I’) has published Technical Alert 03/2017 Companies (Accounting) Act 2017: Changes to the filing requirement.   The purpose of this Technical Alert is to update members regarding the changes in the filing requirements for certain companies, arising from the Companies (Accounting) Act 2017. 
  • The CRO have issued their regular gazette.


  • The Financial Reporting Council (FRC) has published the results of a consultation on the role of the auditor in preliminary announcements.
  • Whilst corporate reporting by large listed companies is generally good, detailed explanations and clarity could still be better, according to the recently issued FRC Annual Review of Corporate Reporting.
  • The FRC has responded to claims made in the recent position paper from a group of investors. 


  • The International Auditing and Assurance Standards Board (IAASB)’s Group Audits Task Force has issued a Project Update. The Project Update outlines the issues under consideration in the revised International Standard on Auditing (ISA) 600, Special Considerations‒Audits of Group Financial Statements, and other projects that address additional international standards.