334. Deputy Dara Calleary asked the Minister for Jobs, Enterprise and Innovation in view of the levying powers conferred on IAASA by the recent Companies (Miscellaneous Provisions) Act 2013 and the Exchequer-nature of the overall approach, if there is any further legislative impediment to IAASA taking responsibility for the supervision, audit quality and regulation of auditors of public interest entities; the other administrative obstacles which remain to permitting the resourcing of IAASA in this regard; when the IAASA can be expected to begin undertaking this function; and his views on the matter given its critical importance to the much needed enhancement of confidence in statutory audit. [3983/14]

Summary

334. Deputy Dara Calleary asked the Minister for Jobs, Enterprise and Innovation in view of the levying powers conferred on IAASA by the recent Companies (Miscellaneous Provisions) Act 2013 and the Exchequer-nature of the overall approach, if there is any further legislative impediment to IAASA taking responsibility for the supervision, audit quality and regulation of auditors of public interest entities; the other administrative obstacles which remain to permitting the resourcing of IAASA in this regard; when the IAASA can be expected to begin undertaking this function; and his views on the matter given its critical importance to the much needed enhancement of confidence in statutory audit. [3983/14]

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