(c) Chartered Accountants Ireland. Contact Chartered Accountants Ireland for permission to reproduce this article., Audit and Assurance

EU audit reform

By Noreen O’Halloran Noreen O’Halloran considers what the European Union’s Audit Reform project means for audit committees and statutory auditors alike. The European Union’s (EU) Audit Reform aims to improve the quality of statutory audits and re-establish shareholder confidence and public trust in the statutory audit process. It imposes a number of requirements on the statutory… Read More EU audit reform

(c) Chartered Accountants Ireland. Contact Chartered Accountants Ireland for permission to reproduce this article.

Ireland’s New Companies Legislation will ring change in the New Year

By Daisy Downes Some 13 years after its inception, Ireland’s new Companies Act is expected to be enacted before the end of 2014. Daisy Downes spoke Dr Tom Courtney, Chairman of the Company Law Review Group about the new legislation. Why has it taken the Companies Bill so long from inception to enactment? Assuming the… Read More Ireland’s New Companies Legislation will ring change in the New Year

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Financial Reporting

COULD THE NEW COMPANIES ACT MAKE YOUR PRIVATE COMPANY PUBLIC?

By Dr Johan Erusmas In terms of the new Companies Act, your private company may be a public company. In order for companies to ensure compliance with all relevant provisions of the Companies Act, it is important that the company be classified correctly. The classification may affect provisions related to, among others, governance, the audit… Read More COULD THE NEW COMPANIES ACT MAKE YOUR PRIVATE COMPANY PUBLIC?

(c) South Africa Institute of Chartered Accountants. Contact SAICA for permission to reproduce this article., Insolvency

FIRST MEETING OF CREDITORS IN RELATION TO S40(1) OF THE INSOLVENCY ACT

By Thabile Fuhrmann and Vincent Manko The events leading up to the first meeting of creditors may be crucial in appointing liquidators Section 40(1) of the Insolvency Act, 1936 (Act 24 of 1936) (the Act) provides that the Master shall immediately convene a first meeting of the creditors of the estate by notice in the… Read More FIRST MEETING OF CREDITORS IN RELATION TO S40(1) OF THE INSOLVENCY ACT