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    Independent board for Irish accountants

    Independent board for Irish accountants

    ICAI members vote for new independent authority

    Author Date published April 23, 2006 Categories

    An independent regulatory board for Irish accountants looks set to emerge
    after members of the Institute of Chartered Accountants in Ireland voted to
    endorse a council proposal.

    The Chartered Accountants Regulatory Board (CARB) will be operationally
    independent from the ICAI council.

    For the board to be confirmed the amendments to the Institute’s bye laws must
    be approved by the Irish Auditing and Accounting Supervisory Authority (IAASA)
    and the Privy Council in the UK.

    The new board will have an independent chairman and contain a majority of
    non-chartered accountants

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