Oireachtas Joint and Select Committees

Wednesday, 9 July 2025

Joint Oireachtas Committee on Enterprise, Tourism and Employment

Irish Auditing and Accounting Supervisory Authority: Engagement with Chairperson

2:00 am

Photo of James O'ConnorJames O'Connor (Cork East, Fianna Fail)
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I appreciate that. There are ongoing concerns about cost competitiveness for Irish businesses. How does IAASA ensure its regulatory and reporting requirements, particularly around audit and sustainability assurance, do not impose a disproportionate compliance cost, particularly on smaller businesses? In this committee, we are hearing a lot that smaller businesses in particular are under enormous pressure. Do the witnesses have any comment in that regard?