Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Irish regulator probes use of unregistered auditors
DUBLIN, Ire. (1/6/11)--Ireland's Office of the Director of Corporate Enforcement under Paul Appleby said it is investigating the possible use of unregistered auditors by several credit unions. An unregistered auditor is one who is not on the official register compiled by the Irish Companies Registration Office (CRO). Out of more than 1,500 auditors, about 85 are unregistered, said Appleby's office (Irish Independent Jan. 5). The probe will review whether companies have allowed people to pose as auditors and sign off on accounts, or whether legitimate auditors' names have been used without their knowledge to sign off on other accounts. Using unregistered auditors is a breach of the Companies Act of 1990. The CRO indicated it may use a technological solution, by giving auditors a password or encryption device in the future to make it easier to identify auditors operating illegally.


RSS print
News Now LiveWire
Large CU stress testing on the agenda for the April @theNCUA open meeting http://t.co/2TUcnmCmPi
1 Day ago
#FinancialLiteracyMonth Test your college financial aid knowledge @nasfaa http://t.co/xgrDmHaw8W
1 Day ago
Join @theNCUA #NCUAchat with @KenWortheyJr on April 23 from 11am to 12pm EST http://t.co/TnNmfFh4Nl #FinancialLiteracyMonth
1 Day ago
Maine's patent troll bill has become law. Read more in Monday in @NewsNowLiveWire
1 Day ago
Wash. DFI discusses serving legal marijuana businesses with @NWCUA http://t.co/3kw79HJUYF
1 Day ago