The Companies Act 2014 introduced new requirements for certain companies in relation to compliance statements, audit committees and audit confirmations, for financial years commencing on/after 1 June 2015.  Many Irish companies will begin their new financial year on 1 January 2016 and should begin preparations with a view to satisfying those requirements.  Other companies whose financial years have already begin begun since 1 June 2015 should already have taken measures to comply (or, if not, should do so).