Monday July 6, 2020

Watchdog criticises selected audits at EisnerAmper and EY

Irish Auditing and Accounting Supervisory Authority finds ‘significant’ deficiencies’ at EisnerAmper Ireland

Daniel Murray

Business Reporter

2nd April, 2020
Public interest entities are companies that by law have been deemed of higher importance to the wider economy and are subject to higher regulatory scrutiny. Picture: Getty

The standard of selected audits at EisnerAmper Ireland in 2018 was very poor, according to a new set of reports from the Irish Auditing and Accounting Supervisory Authority (IAASA).

Overall systems of quality control at the financial services firm were also found to have “significant deficiencies”. The audit watchdog recommended wide and sweeping changes to be implemented within 12 months.

The findings are part of a new series of quality reviews by IAASA into the...

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