Revisions to Irish company law arising from the implementation of the Companies (Accounting) Act 2017.
This document outlines the key differences impacting financial statements introduced into the Companies Act 2014 by the Companies (Accounting) Act 2017 in respect of the statutory financial statements of a company not qualifying for either the micro or the small companies regimes (i.e. medium / large companies) as a result of the transposition into Irish Law of the EU Accounting Directive 2013/34/EU and some other minor amendments. Where appropriate, the relevant sections of both Acts have been noted for information purposes.
This document published in June 2017, is based on our interpretation of the Companies (Accounting) Act 2017. It frequently paraphrases the source document and thus, although it seeks to be comprehensive, reference must be made to the source document on any point of doubt or difficulty, and also to put the requirements in their proper context. The information contained in this document is general in nature and is not intended to address the circumstances of any particular entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future.