STATUTORY INSTRUMENTS. S.I. No. 220 of 2010 EUROPEAN COMMUNITIES (STATUTORY AUDITS) (DIRECTIVE 2006/43/EC) REGULATIONS 2010

This regulation implements EU Directive 2006/43/EC into Irish law to ensure high-quality statutory audits. It establishes common standards for auditors and audit firms to increase confidence in financial reporting and ensure the stability of the financial system. This affects professional auditors and audit firms operating in Ireland, as well as companies required to undergo statutory audits of their financial statements.