
Monday 17th February 2025: Baker Tilly Ireland, the leading financial, tax and business advisory firm, today announces it is the first member of the Association of Chartered Certified Accountants (ACCA) to achieve the Sustainability Assurance Service Provider (SASP) licence in Ireland.
The SASP licence accredits the firm for sustainable accounting and audit services in line with the requirements of the CSRD. Firms considered “large” under the CSRD are in-scope for the directive’s financial reporting rules, from the commencement of financial years beginning 1 January 2025. Reporting will be due in 2026.
These firms are those who meet two of the following three criteria: turnover greater than €50m; more than 250 employees; or a balance sheet greater than €25m.
The SASP licence provides for a limited assurance to be given on a company’s sustainability report, with Baker Tilly Ireland verifying the accuracy and completeness of these reports, in line with the requirements of the EU CSRD. Baker Tilly Ireland is currently providing assurance services to companies with requirements under wave one of the directive, for financial years beginning on or after 1 January 2024. with demand rapidly increasing as the requirements expand to a greater number of entities in wave two. The firm is supporting global clients with EU compliance needs, including those of MHA, the UK lead member firm for Baker Tilly International.