Accounting Technicians Ireland
Associate | Established: 1983 | Associate since 1991
Accounting Technicians Ireland (ATI) is the leading professional body for accounting technicians in Ireland. ATI educates, supports, and represents over 10,000 people working in the profession. ATI was established in 1983 and provides aspiring accounting technicians with training, experience, and certification. It is recognized as a UK Awarding Organisation and educational activities are, therefore, regulated by the Council for Curriculum, Examination, & Assessment in Northern Ireland. Since this recognition, ATI has confirmed its position as the leading qualification for Accounting Technicians in Ireland. The ATI qualification differs from many other academic programs as it combines professional exams with practical work experience. ATI is a partner body of Chartered Accountants Ireland and has offices in Dublin and Belfast and links with local networks throughout Ireland.
Statements of Membership Obligation (SMO)
The Statements of Membership Obligations form the basis of the IFAC Member Compliance Program. They serve as a framework for credible and high-quality professional accountancy organizations focused on serving the public interest by adopting, or otherwise incorporating, and supporting implementation of international standards and maintaining adequate enforcement mechanisms to ensure the professional behavior of their individual members.
- SMO 1: Quality Assurance
ATI members do not perform any attestation or assurance services. They are authorized to offer accountancy, taxation, or related consultancy services. Therefore, ATI members are not required to be subject to quality assurance (QA) reviews.
Since QA is adopted in Ireland in line with SMO 1 requirements and the ATI has no responsibility for the area, the ATI is not required to support implementation of QA in Ireland. Notwithstanding, the ATI does carry out several activities to support effective and quality implementation of members’ professional services. For example, the ATI ensures that its members receive updates on quality control standards and guidance, regular updates on money laundering regulations, access to continuing professional development, as well as a technical enquiry support service.
- SMO 2: International Education Standards
Accounting technicians are voluntarily subject to self-regulation as members of the ATI. The ATI’s qualifications are regulated by the Office of Qualifications and Examinations Regulation, which establishes qualification, examination, and assessment requirements in England and vocational qualifications in Northern Ireland.
The ATI carried out a review of the International Education Standards (IES) in 2015, and confirmed that its initial professional development (IPD) requirements broadly meet those of the IES. The ATI carries out an annual review of its syllabus and IPD requirements. While the ATI offers a wide range of continuing professional development (CPD) for its members, it does not currently have a minimum CPD requirement. However, the ATI Board decided in 2015 to make compulsory CPD an objective in its 2017–2020 strategic plan.
In addition to considering plans for adopting compulsory CPD, the ATI is encouraged to participate in the international standard-setting process by submitting responses to IAESB consultations and exposure drafts. The ATI is also encouraged to share the IES, proposed standards, and ED responses with its members.
- SMO 3: International Standards on Auditing
Given the adoption of ISA in the UK and the fact that the ATI has no responsibility for the area, the ATI is not required to promote and support adoption of ISA in the UK. While ATI members do not perform audits, they may be involved in the preparation of audit work; therefore, the ATI does support members’ knowledge of audit related standards. For example, the ATI provides members with updates on legislation affecting their work. It also delivers continuing professional development courses to assist members in meeting obligations involving audit standards, such as Revenue Audit, Preparation of Management Accounts, Interpreting and Evaluating Management Accounts, and Data Protection.
The ATI is encouraged to inform its members of international developments and new and revised pronouncements issued by the IAASB.
- SMO 4: Code of Ethics for Professional Accountants
The ATI does not have an independent regulatory body, but as partner body with the Institute of Chartered Accountants of Ireland, they are guided by their independent Chartered Accountants Regulatory Board and adopt the board’s principles. Accounting technicians are voluntarily subject to self-regulation as members of the ATI. The ATI Code of Ethics was first issued in June 2007 and has been updated a number of times since. It is reviewed at least every two years to ensure that it is in line with all of the relevant requirements of the IESBA Code of Ethics.
The ATI publishes its Code of Ethics on its website, and notices of updates are circulated to members via its eNewsletter. The ATI annually reviews its syllabus to reflect the guidance contained in the IESBA Code of Ethics, and to reflect current affairs and events in business life in Ireland.
The ATI is encouraged to inform its members about proposed, revised, and new pronouncements issued by the IESBA. The ATI is also encouraged to consider participating in the international standard-setting process by submitting responses to IESBA consultations and exposure drafts.
- SMO 5: International Public Sector Accounting Standards
The Irish Government is responsible for the adoption and implementation of public sector accounting standards. Having no responsibility in the area, the ATI partners with the Chartered Accountants of Ireland (CAI) to promote and support public sector accounting standards adoption to the government through representation in the Public Sector Network Group, which also promotes adoption and exchange of relevant information. Information, standards, discussion papers, and exposure drafts are published on the CAI website.
- SMO 6: Investigation and Discipline
The ATI does not have an independent regulatory body but, as a partner with the Chartered Accountants of Ireland, it is guided by its independent Chartered Accountants Regulatory Board (CARB), adopting CARB’s principles. As members of the ATI, accounting technicians are voluntarily subject to self-regulation.
The ATI reports that it maintains an I&D system in line with SMO 6 requirements (revised 2012). The ATI does ongoing reviews of its procedures at least every two years to ensure compliance. The updated procedures are distributed to members and published on the ATI’s website.
- SMO 7: International Financial Reporting Standards
Having no responsibility for adoption of IFRS in the UK and Ireland, the ATI focuses on providing implementation support for its members, including having up-to-date IFRS in initial professional development requirements and continuing professional development (CPD) course offerings. The ATI also regularly reviews its syllabus to ensure that it reflects updated standards. ATI members also receive updates through bi-monthly newsletters on proposed, revised, and new standards. The ATI collaborates with CAI in supporting the adoption of IFRS and comments where appropriate on IASB consultations.
The ATI is encouraged to highlight IFRS-related CPD courses offered to its members.
IFAC bears no responsibility for the information provided in the SMO Action Plans prepared by IFAC member organizations. Please see our full Disclaimer for additional information.