Technical roundup 12 June

Chartered Accountants Ireland

• Chartered Accountants Ireland has updated the Technical and business updates page on our COVID-19 Hub with updates on Auditing implications of Coronavirus, Financial Reporting implications of Coronavirus and Information for insolvency practitioners.  We have also updated our page on Other Regulator Updates for both ROI and NI / UK in response to COVID-19.  

   

• IAASA has this week published its 2019 Annual Audit Programme and Activity Report.
• Central Bank has announced new rules for moneylenders to strengthen protections for consumers.

UK

• The Financial Reporting Council (FRC) has announced changes to membership of the UK GAAP Technical Advisory Group (UK GAAP TAG).  Following an open recruitment process, Barbara McCormack, Technical Manager, Advocacy & Voice, Chartered Accountants Ireland has been appointed to UK GAAP TAG.
• The FRC’s guidance on best practice for AGMs has now been added to the Q&As published previously.

Europe

• In their regular series of online Stories from Practice, Accountancy Europe this week feature Eilis Quinlan (ACCA) talking about good governance in the charity sector.