Irish accountancy body Chartered Accountants Ireland (CAI) has warned that there are 120 unregulated accountancy firms in operation in Ireland, some of which are run by individuals with fraud charges or convictions.
The CAI and other Irish accountancy bodies carried out their first census of accounting firms in Ireland recently. This showed that there are 2,000 state supervised firms and 120 ‘rogue’ or unregulated ones.
In a number of unregulated firms, the body said, those that run them have no qualifications, criminal records for...
About Rachael Power
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