ICAI welcomes new audit exemption threshold of €1.5m

The Institute of Chartered Accountants in Ireland (ICAI) has expressed its approval of the new audit exemption threshold set out in the Companies Act 2004.

ICAI welcomes new audit exemption threshold of €1.5m

The Institute of Chartered Accountants in Ireland (ICAI) has expressed its approval of the new audit exemption threshold set out in the Companies Act 2004.

The move removes the legal obligation to conduct a compulsory audit for firms with a turnover of less than €1.5m, and replaces the previous threshold of €317,000.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited