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Audit exemption in Europe (including the Republic of Ireland)

Small and medium-sized companies and limited liability partnerships may qualify for audit exemption under national regulations. On this page you can access a range of articles, books and online resources providing quick links to practical guides, legislation and reports.

What's on this page?

  • Useful links: guides, legislation, press releases
  • Online articles
  • Articles and books in the Library collection

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Useful links

Audit exemption thresholds in Europe
Overview produced by the Federation of European Accountants (FEE) in May 2016 with tables showing the thresholds applicable for small undertakings in Europe (including the UK and Ireland).

Netherlands

Dutch GAAP for 2016
Short briefing from EY which looks at the implementation of the EU financial reporting Directive in Dutch law (Part 9, Book 2 of the Dutch Civil Code). The briefing includes a short section on the changes to thresholds. Published in December 2015.

Republic of Ireland

Audit Exemption (Companies Registration Office)
Table from the Companies Registration Office which shows what exemptions are available for different company types. A separate page covers the Small Company Abridgment Exemption and a sample Audit Exemption Statement has been offered for those companies claiming both audit exemption and the small company (abridgement) exemption.

Audit Exemption (Chartered Accountants Ireland)
Summary of the audit exemption thresholds and regulations in Ireland from Chartered Accountants Ireland.

Companies Act 2014: Audit Exemption (Chartered Accountants Ireland)
Technical Release 06/15 provides guidance on the impact of Companies Act 2014 on the audit exemption regime. A short summary of the changes is followed by a series of FAQs.

The Companies Act: Filing thresholds and audit exemptions
Factsheet by Jillian O'Sullivan of Grant Thornton Ireland which looks at the changes to the audit exemption thresholds under the Companies Act 2014 and the widening of the exemption to cover companies that had previously been unable to take advantage of this. Published in April 2015.

Online articles

The Library provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by web chat or by email at library@icaew.com.

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