1. Professional Qualifications
- Full membership of Chartered Accountants Ireland or ACCA (with Irish audit qualification if statute audit work is offered).
- Holds a Practising Certificate to operate in public practice.
2. Experience
- Minimum two years of approved post-membership experience in public practice under supervision.
- For audit provision: at least three years of audit training, including a minimum of 44 weeks in statutory audit, logged through recognized systems.
3. Core Competencies
- Demonstrated in-depth expertise in at least two technical areas: e.g. Financial Reporting, Audit & Assurance, Tax Advisory, Corporate Planning, Information Systems, or General Management.
- Experience preparing or signing statutory audit reports (if audit-qualified), managing client relationships, and overseeing compliance.
4. Continuing Professional Development
- CPD requirements maintained over prior compliance period.
- Completion of a Practice Orientation or equivalent course within the required timeframe.
5. Regulatory & Insurance Requirements
- Meets Professional Indemnity Insurance (PII) standards as specified by the regulator.
- Compliant with current Public Practice Regulations, including firm registration, monitoring, and ethical obligations.
