ICAI criticise low audit exemption threshold

The Institute of Chartered Accountants in Ireland (ICAI) has said that the low audit exemption threshold will become a more serious issue for the competitiveness of Irish business and new international auditing standards are introduced.

The Institute of Chartered Accountants in Ireland (ICAI) has said that the low audit exemption threshold will become a more serious issue for the competitiveness of Irish business when new international auditing standards are introduced.

The Institute made its comments in a submission to the Small Business Forum (SBF) established by the Government in July.