Accounting in Ireland
The Republic of Irelands accounting system and the major differences between Ireland and international accounting standards.
Ireland's companies must follow a standard approach to information disclosure. The classification and presentation of information, as well as methods of evaluating it for annual accounts, should all be consistent. This includes balance sheets, profit- and loss accounts, and notes to the accounts.
Ireland doesn't have a fixed tax year. Each Irish company has its own tax year. Each company has a different tax year period. This is because the tax year begins at the date the company was founded and ends at the date that is no more than 18 months after the date of its commencement. The default financial year is... read more
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Companies
The Accounting Journal
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