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September 23, 2013

CPA Ireland ‘shocked’ at no statutory recognition for accountants

CPA Ireland president Joen Aherne has expressed shock and disappointment that provision of the Companies Bill 2012 has still not been made for the statutory recognition of the term ‘accountant.’

Aherne went on to describe it as "an extraordinary situation" in Ireland where "anyone can set themselves up as an accountant, without education, qualifications or experience."

Aherne said the public need to know that when they are dealing with an accountant they are dealing with a professional who has to adhere to the most rigid professional standards.

"Our legislators have one chance now to get this right and we are therefore calling for amends to be put forward to the Bill immediately to give legal protection to the term accountant," he said.

Aherne was speaking at the CPA practitioners’ conference 2013, which took place on the 20 and 21 September in Maynooth, Ireland.

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CPA Ireland

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