Are you aware that Chartered Accountants Ireland responds to consultations from government bodies, regulators and standard setters on your behalf?

Here in the Professional Accountancy Team, we monitor developments in financial reporting, audit and assurance, and insolvency, both locally and internationally, and prioritise consultations which we consider most relevant, or are of most significance, to members. We work closely with our technical Committees in this regard, whose expertise and experience are reflected in the responses.

We respond to consultations to contribute to developments in standards, regulations and law, and to inform policy.

We consider, for example, relevant consultations issued by the following:

• The International Accounting Standards Board (IASB)
• The Financial Reporting Council (FRC)
• The Irish Auditing and Accounting Supervisory Authority (IAASA)
• The Central Bank of Ireland
• The International Auditing and Assurance Standards Board (IAASB)
• The International Ethics Standards Board for Accountants (IESBA)
• The European Commission

We also correspond and engage on matters relevant to the profession with relevant Government Departments, such as the Department for Business, Energy & Industrial Strategy (BEIS), the Department of Enterprise, Trade and Employment (DETE) and the Department of Finance, and other bodies such as the CRO and the Law Society. This engagement includes, for example, making submissions on certain proposed amendments to Company law.

If you would like to find out more regarding the consultations that we are currently considering, you can find details below.

We publish our responses to consultations as technical representations, numbered sequentially in the year of publication. The representations made on various professional accountancy related matters on your behalf are available here.

Previously submitted consultations are listed below: