Accountants

In order to act as an accountant in Ireland an individual or firm may wish to be authorised by a prescribed accountancy body, as defined in the Companies (Auditing and Accounting) Act 2003.

Whilst membership of one of these bodies is not compulsory for individuals or firms wishing to engage in general accounting services, membership of a prescribed accountancy body indicates that the individual or firm is subject to the supervision of that body, and is bound by the Standards and Regulations of that Body with regard to their conduct.

The prescribed accountancy bodies are in turn supervised by the national competent authority (the Irish Auditing and Accounting Supervisory Authority).

Prescribed Accountancy Bodies in Ireland

Prescribed accountancy bodies and the links to their websites are set out below:  

Homepage

Accountancy Body Name

ACCA
The Association of Chartered Certified Accountants
AIA
Association of International Accountants
CIMA
Chartered Institute of Management Accountants
CIPFA
Chartered Institute of Public Finance and Accountancy
ICAEW
Institute of Chartered Accountants in England and Wales
ICAI
Institute of Chartered Accountants in Ireland
ICAS
Institute of Chartered Accountants of Scotland
ICPAI
Institute of Certified Public Accountants in Ireland

Application and Fees

Membership to the above accountancy bodies differ from each other. For the most up to date membership requirements and fees, please see the links above.

Restricted areas of Accountancy

As mentioned above, individuals/firms wishing to offer general accounting activities are not required to be a member of one of the prescribed accountancy bodies and these services are open to all. However, there are legal restrictions as to who can provide certain accounting-related services. Such as:

The audit of financial statements
Investment business services
And Personal insolvency services

Related Areas

Central Bank of Ireland

The Insolvency Service of Ireland


Information correct at time of publishing, please contact the competent authority for further information.