Blog
NEWS & UPDATESThe New Solicitors Accounts Regulations
Following on from last week’s blog about the introduction of the new Solicitors Accounts Regulations 2023, it’s worth...
New Solicitors Accounts Regulations
The Law Society of Ireland has introduced new Solicitors Accounts Regulations 2023 which will come into operation on 1...
Poor Audit Work on Revenue Recognition and Recoverability of Debtors
This week we continue our series looking at some lessons that auditors can learn from past Decision Notices (DN)...
Poor Audit Work on Journal Entry Testing
This week we continue our series looking at some lessons that auditors can learn from past Decision Notices (DN)...
A Salutary Lesson on Inventory Audit Work
It can be a very informative learning experience for auditors to focus on the Decision Notices (DN) published by the...
Root Cause Analysis – Best Practice
As part of the new ISQM 1 audit quality management standard, there has been much commentary about a new procedure...
Thanks Mum! – Careless Due Diligence
The Financial Times reported in late February 2023 on a classic example of CDD (Client Due Diligence) gone...
The Latest Sanctions
As of 4 June 2022, (under EU sanctions) it is prohibited to provide, directly or indirectly, accounting, auditing,...
Immigrant Investor Programme Closed
Our blog last week, about Ireland’s Golden Visa programme was quite timely. It dealt with the Government’s...
Top Ten Things to do for High Risk Clients
In recent days there has been some adverse media attention about Ireland’s Golden Visa programme, which in 2022,...
Tips For the Supplier Quality Statement
As many audit firms will already be aware the International Standard on Quality Management 1 (ISQM 1) became effective...
Four Steps to Assessing Audit Quality Risks
The implementation deadline for the International Standard on Quality Management 1 (ISQM 1) was 15 December 2022 the...
