Appointing an External Accountant
The following criteria are essential for the external accountant/auditor selected by the board:
- The external accountant/auditor selected must provide confirmation that their organisation is a member of a Prescribed Accountancy Body that comes within the supervisory remit of the Irish Auditing and Accounting Supervisory Authority (IASSA)
- A professional services delivery company, providing auditing and accountancy services must provide confirmation that they are a registered company and comply with their Companies Registration Office requirements.
- Current Practicing Certificate.
- Professional Indemnity Insurance at a minimum of €50,000.
- Compliance with continuing professional development as required by their professional body.
> Guidelines on appointing a school accountant
Schools are recommended to firstly use the framework on the OGP website (Multi Supplier Framework Agreements for the Provision of Accounting, Audit and Financial & Economic Services). Where a framework is not used, please use the template below.