The following is for general information purposes only. All further queries regarding this information should be directed to the competent authorities listed below.
In order to act as an accountant in Ireland an individual or firm may wish to be authorised by a prescribed accountancy body, as defined in the Companies (Auditing and Accounting) Act 2003.
Whilst membership of one of these bodies is not compulsory for individuals or firms wishing to engage in general accounting services, membership of a prescribed accountancy body indicates that the individual or firm is subject to the supervision of that body, and is bound by the Standards and Regulations of that Body with regard to their conduct.
The prescribed accountancy bodies are in turn supervised by the national competent authority (the Irish Auditing and Accounting Supervisory Authority).
Restricted areas of Accountancy
As mentioned above, individuals/firms wishing to offer general accounting activities are not required to be a member of one of the prescribed accountancy bodies and these services are open to all. However, there are legal restrictions as to who can provide certain accounting-related services.
These services include:
- The audit of financial statements
- Investment business services
- And personal insolvency services
An individual/firm who wishes to act as a public auditor or statutory auditor, as defined in the companies acts, should refer to the ‘Auditors’ section of the website for further information on how to become authorised to provide audit services in Ireland.
Further information can be found on the procedures for other accounting-related services in the links below:
- Investment business services ( Central Bank of Ireland)
- Personal insolvency services ( The Insolvency Service of Ireland)
Prescribed Accountancy Bodies in Ireland
The nine prescribed accountancy bodies and the links to their websites are set out below:
Accountancy Body Name
The Association of Chartered Certified Accountants
Association of International Accountants
Chartered Institute of Management Accountants
Chartered Institute of Public Finance and Accountancy
Institute of Chartered Accountants in England and Wales
Institute of Chartered Accountants in Ireland
Institute of Chartered Accountants of Scotland
Institute of Certified Public Accountants in Ireland
Institute of Incorporated Public Accountants