CLS Chartered Secretaries are a Company Secretarial Advisory Firm. We provide specialist Company Secretarial  & Company Law Services to Accountants, Solicitors and Tax Advisors...

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Potentially Good News for Audit Exemption

There has been some good news from the Select Committee Stage on the Companies (Statutory Audits) Bill 2017 which was debated on 21st February 2018. Minister Heather Humphreys has stated that the Department intends to examine removing the requirement to make an application to the District Court to retain the audit exemption.  Niall Collins made representations regarding the impact on companies that face losing the audit exemption and the representations made by the accountancy bodies.