Welcome to the February edition of Practice Plus for 2024
This month we are delighted to announce an exciting collaboration between CPA Ireland and MyWorkpapers! We also remind members to renew their practising certificates before the end of February and remind audit firms of the requirement to conduct an annual evaluation under ISQM1.
Coming soon - MyWorkpapers and CPA Ireland collaboration!
CPA Ireland and MyWorkpapers are joining forces to deliver incredible content via cloud-first workpapers!
This collaboration brings together CPA Ireland's esteemed audit and accounting content – a favourite among professionals from Sligo to Cork – with the innovative cloud capabilities of MyWorkpapers.
Read More
Practising Certificates Renewal – Deadline Approaching
February 29, 2024, the deadline for the renewal of CPA practising certificates and other authorisations is fast approaching. Please log in to the CPA member portal and the member dashboard will guide you by highlighting the actions that you must complete to renew.
Read More
Reminder of EGM and submission of proxy votes
Discover what voting yes to amalgamate with Chartered Accountants Ireland will mean for you as a member of CPA Ireland, our organisation, and for the accountancy profession in Ireland. The voting process is now open. Members who are emailing or posting their proxy vote to CPA Ireland must ensure it has been received before 11.30am on Monday 19th February 2024. Members are also entitled to vote in person at the EGM on Wednesday February 21st.
Read More
12th package of restrictive measures targeting Russia
Members are advised of the 12th package of restrictive measures imposed in light of the continuing war in Ukraine.
Read more
ISQM annual evaluation requirement
Systems of quality management in compliance with this ISQM (Ireland) were required to be designed and implemented by all audit firms by December 15, 2022, and the evaluation of the system of quality management required by paragraphs 53–54 of the standard is required to be performed within one year, by the following December 15, 2023.
Read More
Enhanced Reporting Requirements – Revenue webinar
Revenue are holding a series of webinars to give an overview of Enhanced Reporting. Revenue issued notices to employers and agents via ROS to register their interest in attending these webinars.
Read More
CPD for Statutory Auditors
Statutory auditors are reminded that they must document the planning and evaluation of their CPD activities on an annual basis. To assist CPA Ireland have published some supporting templates and guides.
Read More
New UK import requirements
The UK is introducing new UK customs and SPS requirements on all goods imported into Britain from the EU, including Ireland, as part of its Border Target Operating Model.
Read More
IAASA invites potential members and advisors to enquiry/investigation committees
IAASA undertakes statutory enquiries (‘s933 Enquiries’) and investigations (‘s934 Investigations’) under the companies act 2014 and its own regulations. The preliminary stages are undertaken by the executive.
Read More
Revised Solicitors Accounts Regulations 2023
Practitioners are reminded that revised Solicitors Accounts Regulations came into effect from 1st July 2023. The Solicitors Accounts Regulations 2014 continue to apply in relation to the filing of the reporting accountants report where the accounting period has commenced before 1 July 2023.
Read More
Upcoming CPD – Solicitors Accounts Regulations and Tax Conference
CPA Ireland has a host of upcoming CPD events, including an update on the revised Solicitors Accounts Regulations and the popular annual Tax Conference.
Read More