loading image
Woods & Partners Chartered Accountants & Registered Auditors - Inside Slide1
Woods & Partners Chartered Accountants & Registered Auditors - Inside Slide2
Woods & Partners Chartered Accountants & Registered Auditors - Inside Slide3
Woods & Partners Chartered Accountants & Registered Auditors - Inside Slide4
Woods & Partners Chartered Accountants & Registered Auditors - Inside Slide5

Companies (Statutory Audits) Act 2018

Posted in Category(ies):  Company Law Updates

The Companies (Statutory Audits) Act 2018 was implemented on 21 September 2018. The key features are the following:-

1. No longer required to file audited Financial Statements in year in which return is filed late, the company must then file audited Financial Statements for 2 consecutive years.

2. No change to Section 343 District Court Applications for lost Audit Exemption.

3. New powers for IAASA and enforcement.

4. Its a category 2 offence for a person or firm (who is other than a statutory auditor) to act as, describe themselves as a statutory auditor and to carry out statutory audits. 

Posted on Sunday, 14 October 2018  |  By Conor Woods


< Back

Web Design by Flo Web Design