Making changes to your firm structure in 2023?

 

Are you planning to make changes to your firm in 2023, such as the retirement or addition of a partner, director, or shareholder? Or perhaps you have incorporated your practice and are now practising through a corporate entity.

If you plan to make such changes, please ensure that you have advised the Professional Standards Dept. of CPA Ireland, so that we can update our records accordingly.

Bye Law 13.41 requires that a CPA firm notify CPA of changes to voting rights, name of firm, address/place of business, partnership structure etc.

S.1487 of the Companies Act 2014 requires that an auditor or an audit firm notify their Recognised Accountancy Body of any change in the information contained in the public register relating to them. S.1488 of the Act requires that the notification be signed. A contravention of either S.1487 or S.1488 is a category 4 offence.