Practice Plus November 2018

Welcome to the November edition of Practice Plus.




As we come to the end of tax filing season for 2018 we bring you details
of the CPA Ireland Nexus evening event on 28th of November,
we also bring you an update on quality assurance matters
and details of the Finance Bill 2018 nationwide tour.


Save the date - 28th November CPA Ireland Nexus evening event for Members in Practice

A date for your diaries - post tax filing season! The annual CPA Nexus networking evening event returns to CPA Ireland headquarters on Wednesday 28th November 2018.
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New Brand – CPA Ireland Member Firms

On Tuesday 13 November, CPA Ireland launched a new brand and website. As part of this rebrand, a new identity for CPA Ireland practices has been created.
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Finance Bill 2018 Nationwide Tour

The upcoming Finance Bill 2018 nationwide tours in association with CPA Ireland, Irish Tax Institute and ACCA Ireland are to be held in various locations across the country.
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Quality Assurance Update

Notices will shortly issue to CPA audit firms who are due a quality assurance review in 2019 to meet the six year cycle required by the Companies Act 2014.
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CRO Filing of Annual Returns

CRO have recently advised that if you filed your annual return recently, please ensure that the signature page is received in the CRO within 28 days of the date the B1 was filed.
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Anti-Money Laundering Bill Signed into Law

Firms should note that the Criminal Justice (Money Laundering and Terrorist Financing) (Amendment) Bill 2018 was signed into law on the 14th November 2018.
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Annual Returns 2019

All CPA Practising and Auditing Certificates are renewed annually. Investment business authorisation must also be renewed.
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Independence and the Statutory Audit

Members engaged in audit work should be aware of the legislation governing their independence and statutory audit. The Companies (Statutory Audits) Act 2018 (2018 Act) was signed into law in July 2018 and most sections commenced on the 21st September, amending the Companies Act 2014.
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IAASA seeks expressions of interest in the provision of Financial Reporting Review Services

IAASA’s statutory role includes examining whether the annual and half-yearly financial reports (collectively referred to as ‘periodic financial reports’) of certain entities whose securities have been admitted to trading on a regulated market, situated, or operating within the EU (‘issuers’) have been drawn up in accordance with the requirements of the relevant reporting framework as laid down by the Transparency (Directive 2004/109/EC) Regulations, 2007.
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