Accountancy and audit profession faces major reform

Improved transparency and better public oversight are among the benefits of new EU regulations covering auditors

Daniel Murray

Political Correspondent @danieltmurray
1st December, 2019
3
Kevin Prendergast. Picture: Fergal Phillips

Kevin Prendergast is somebody you are going to be hearing a lot more from. The chief executive of the Irish Auditing and Accounting Supervisory Authority (IAASA) is about to usher in a new era for the audit and accountancy profession in Ireland.

As part of significant reforms across Europe, the regulator has been given new powers - and he is ready to use them.

He does so as auditing scandals in Britain have led to...

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