Seanad debates
Tuesday, 4 April 2017
Companies (Accounting) Bill 2016: Second Stage
2:30 pm
Mary Mitchell O'Connor (Dún Laoghaire, Fine Gael) | Oireachtas source
Furthermore, the introduction of the withdrawal of the audit exemption has resulted in a dramatic increase in the rate of compliance with filing deadlines. Since the establishment of the rule, compliance has increased from 13% to 90%. For those reasons, I am in favour of keeping the audit exemption as it stands.
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