IAASA Consult on S. 933 Enquiries

 

IAASA has issued a consultation paper on its proposal to issue Companies Act 2014 (Procedure Governing the Conduct of Section 933 Enquiries) Regulations 2019.

Section 933 establishes that IAASA has the power to carry out enquiries in relation to whether a prescribed accountancy body has complied with applicable investigation and disciplinary procedures. A number of substantive changes to provisions relating to such enquiries were made by the Companies (Statutory Audits) Act 2018 and the proposed Regulations reflect those changes and also include a number of amendments to the enquiry process designed to improve its effectiveness and efficiency. Views are sought by 27 September 2019.