Decisions pursuant to Section 23 RegulationsDeterminations made by the Authority following completions of statutory Enquiries are listed below. In addition, an overview of the Section 23 process and the Statutory Instrument governing said process can be accessed:
High Court order 2010 705 COS, dated 17 January, 2011Monday, 7th March, 2011: Following the completion of a statutory Enquiry under section 23 of the Companies (Auditing and Accounting) Act 2003, the Authority has determined that, with respect to the matters detailed in the Decision, the Institute of Chartered Accountants in Ireland failed to comply with its approved investigation and disciplinary procedures. The Authority’s determination in this regard and associated sanctions were confirmed by the President of the High Court on 17 January, 2011. The full text of the Decision can be accessed here. Settlement published 29 October, 2010Friday, 29th October, 2010: Following the completion of a Preliminary Enquiry and the subsequent initiation of a Full Enquiry under section 23 of the Companies (Auditing and Accounting) Act 2003, the Authority and the Institute of Chartered Accountants in Ireland have agreed Terms of Settlement (‘Settlement’) on the basis that it has been determined that the Institute failed to comply with its approved investigation and disciplinary procedures. The Settlement, which details the Authority’s findings and the associated sanctions, can be viewed here High Court order 2010 225 COS, dated 17 May, 2010Friday, 2nd July, 2010: Following the completion of a statutory Enquiry under section 23 of the Companies (Auditing and Accounting) Act 2003, the Authority has determined that, with respect to the matters detailed in the Decision, the Institute of Chartered Accountants in Ireland failed to comply with its approved investigation and disciplinary procedures. The Decision, which details the Authority’s findings and the associated sanction, can be accessed here. Return to the Publications page |
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