Acting as an Insolvency Practitioner (IP) in the Republic of Ireland

Members who act as Insolvency Practitioners in Ireland are required to hold a current Insolvency Practising Certificate in accordance with Chapter 6 - Public Practice Regulations. To be eligible, a member must already hold a practising certificate issued by Chartered Accountants Ireland.

Chapter 6 of the Public Practice Regulations provides details of those insolvency activities where an Insolvency Practising Certificate is required.

For the purposes of Chartered Accountants Ireland's rules and regulations, an Insolvency Practitioner is a member who, regardless of his own location or place of business, acts in Ireland in any of the following capacities:

  • Members' Voluntary Liquidator
  • Creditors' Voluntary Liquidator
  • Provisional Liquidator
  • Official Liquidator
  • Receiver
  • Court Appointed Receiver
  • Sequestrator
  • Agent for Debtor in Possession
  • Examiner
  • Administrator
  • Advisor to the Company attempting to organise a Scheme of Arrangement under Sections 201 or 279 of the Companies Act 1963
  • Trustee in Bankruptcy

Application for an Insolvency Practising Certificate

To act as an Insolvency Practitioner in Ireland, members of the Institute are required to hold a current Insolvency Practising Certificate before accepting appointments.

To be eligible to apply for an Insolvency Practising Certificate, the applicant must comply with the requirements of Chapter 6 of the Public Practice Regulations and must:

  • Hold a Practising Certificate;
  • Submit a completed application form;
  • Pay the appropriate fee

To apply

To apply for an application form please contact Professional Standards via the email below.

Professional Standards: E professionalstandards@charteredaccountants.ie

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