Recognition for the term accountant in Ireland

Irish Minister for Trade and Commerce, Michael Ahern, TD today confirmed that the Irish Auditing and Accounting Supervisory Authority (IAASA) had reported to him on the results of its deliberations regarding the issue of affording recognition for the term “accountant” in Ireland, which he had referred to it for examination. “The underlying difficulty”, the Minister explained, “and the reason for asking IAASA to look at this question, lies in the absence of a legal or uniformly accepted definition of the term “accountant”. This, allied to usages such as, for example, “turf accountant” creates an inevitable looseness such as to allow persons to style themselves as “accountants” who do not, perhaps, have any underpinning qualifications, with obvious implications for the general public”.

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Recognition for the term accountant in Ireland