The Irish partnership is managed by the managing partner and other executive members. Both the managing partner and The Executive are elected by the partners in the firm. The managing partner candidacy is submitted for consideration by the nomination committee and the GEB. The managing partner is elected by the partners for a term of 4 years and he nominates the other executive candidates who are subject to ratification by the partners (members of the current executive are pictured below).
A partnership agreement sets out the management and governance structure within Mazars and its requirements regarding The Executive, Risk Committee, and Audit Committee are set out here.
The responsibilities of the executive team at Mazars are as follows and it reports to the partners at least annually on these matters:
Since the beginning of the year, several articles and speeches from the Central Bank of Ireland (CBI) have singled out the Payments Institutions (PI) and Electronic Money Institutions (EMI) sector as being of increased risk, with concerns that an operational or financial failure could cause a significantly impact the European Economic Area (EEA) financial system.
Mazars is delighted to have supported Aerospace Software Developments (ASD) on its sale to Descartes Systems Group.
On April 5, 2024, Finance Minister Michael McGrath launched a Feedback Statement (FS) on the proposed implementation of a Participation Exemption for foreign dividends within the Irish tax system. The FS invites feedback from interested parties on a “Strawman Proposal” developed for the implementation of the Participation Exemption.
Mazars Audit Committee is responsible for monitoring and reviewing internal control, external audit, accounting, and external reporting. It aims to meet 3 times a year and whenever the external auditors request a meeting.
Mazars Risk Committee oversees the ethics and quality assurance of the firm. It has oversight for the design and implementation of the firm’s system of quality management and ensures it is operating effectively annually through our annual quality management monitoring program. Furthermore, it deals with any claims against the practice and their resolution.
The principal role of the Public Interest Committee (‘PIC’) is to enhance confidence in the public interest aspects of the firm’s activities with particular reference to high-level, general oversight of the firm’s decision-making, stakeholder dialogue, risk management, and quality control, remuneration policy and the issuance of selected annual reports to stakeholders.
Mazars has elected independent non executives (INEs) within its governance structure.
The Irish Executive has responsibility for setting Mazars’ national strategy, within the overarching framework of the international strategy.
This Privacy Policy is effective as and from 25 May 2018. This policy describes how we process your personal data. Please take the time to read it carefully.
Our firm is committed to dealing responsibly, openly and professionally with any concerns partners or team members may have about possible malpractice within the firm.
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