The lowdown: Even though you don’t have to audit, should you?

Who is eligible for the audit exemption, and why?

Brian Purcell

Recent changes to the company law regime in Ireland mean that more companies than ever can now dispense with the annual requirement to have their financial statements audited by an external auditor.

For many company directors this will come as a welcome development. Others may not be so sure and the matter may require some careful consideration.

Who is eligible?

In general, companies meeting two of the following three conditions can avail of ...