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The Law of Statutory Audits

Dáibhí O'Leary (Arthur Cox LLP, Ireland)

$430

Hardback

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English
Bloomsbury Professional
19 September 2024
An in-depth practical examination of the law relating to statutory auditors and audit firms, and the relationship of Irish companies to those auditors and firms.

Irish companies generally appoint one or more statutory auditors for each financial year of the company and these auditors have a legal obligation to report on the company’s financial statements.

This book covers every facet of the statutory auditor’s role from their appointment to their duties, rights and powers, and their removal and resignation. It also deals with the legal issues that arise in the course of this work and looks at the auditor’s oversight and regulation by the Irish Auditing and Accounting Supervisory Authority.

This book is essential for all Irish companies who deal with statutory auditors and for any individual or firm providing audit services.

By:  
Imprint:   Bloomsbury Professional
Country of Publication:   United Kingdom
Dimensions:   Height: 248mm,  Width: 156mm, 
ISBN:   9781526527370
ISBN 10:   1526527375
Pages:   640
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
1 Introduction (statutory background) 2 Approval of statutory auditors 2.1 Member State / Third country audit firms 2.2 Withdrawal of approval 3 Standards applying to statutory auditors 3.1 Independence & objectivity 3.2 Confidentiality 3.3 Auditing standards to be applied 4 Appointment and remuneration of statutory auditors 5 Removal and resignation of statutory auditors 6 Audit exemption 7 Rights and powers of statutory auditors 8 Audit work 9 The statutory auditor’s report 10 Duty to report certain offences to the ODCE / CEA 11 Other statutory duties of statutory auditors 12 Liabilities of statutory auditors 13 Audit Committee and relationship with statutory auditors 14 Appointment and rotation of statutory auditors by public interest entities 15 Public Register 16 Oversight and regulation by IAASA 16.1 Quality assurance 16.2 Investigations and sanctions

Dáibhí O'Leary is Legal Director in the Company Compliance and Governance Group of Arthur Cox LLP. Prior to joining that firm in 2007, he trained and qualified as a chartered accountant with KPMG, working as a statutory auditor. He contributed the chapter on Financial Statements, Audit and Annual Return to Courtney, The Law of Companies, (4th ed, 2016) and has contributed to Mac Cann & Courtney, Companies Acts 1963-2012 (2012) and to Bloomsbury Professional’s Guide to the Companies Act 2014 (2015), as well as contributing regular company law updates to Bloomsbury Professional Online.

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