CPA Ireland’s Registration Committee have issued guidance for the purposes of assisting CPA members and firms who wish to apply for or already hold audit registration regarding the structure of the firm. In essence a statutory audit firm must be controlled by statutory auditors to ensure that the standard and quality of the delivery of statutory audit services is not influenced by non-audit partners/principles/directors or shareholders in the firm. The control of the firm by statutory auditors must be considered in terms of control of voting rights and also by reference to majority headcount. For further details please click here.