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Application to ISI for renewal of Personal Insolvency Practitioner authorisation – Accountant’s Declaration

Members whose clients are personal insolvency practitioners (PIPs) may soon be asked by those PIPs to sign an Accountant’s Declaration (‘the declaration’) in relation to the renewal of the PIP authorisation.   This arises from S.I. No. 226 of 2016 – Personal Insolv.....


Chartered Accountants President calls for support for “engine of the economy”

Chartered Accountants President calls for support for “engine of the economy” Chartered Accountants Ireland President Liam Lynch has called for greater support for private enterprise, particularly from regulators and Government. Addressing over 140 guests at the Chartered Accountants Ireland President’s Dinner at the Royal College of Surgeons in Dublin, Mr Lynch said: “Busin.....


Federation of European Accountants responds to IPSASB exposure draft

The Federation of European Accountants has submitted its comments to IPSASB on Exposure Draft (ED) 60, Public Sector Combinations. The Federation supports the approach taken in this ED that aligns, as far as possible, Public Sector Combinations with International Financial Reporting Standard 3.....


IASB addresses definition of a business and accounting for previously held interests

In a com­bi­na­tion of two of its current im­ple­men­ta­tion projects, the IASB has published 'De­f­i­n­i­tion of a Business and Accounting for Pre­vi­ously Held Interests (Proposed amend­ments to IFRS 3 and IFRS 11)'. Comments on the expo.....


IFRS 9 endorsement in the EU takes next hurdle

The Accounting Reg­u­la­tory Committee (ARC) recently voted in favour of endorsing IFRS 9 'Financial In­stru­ments' for use in the European Union. Final en­dorse­ment is currently expected in the fourth quarter of 2016.  The de­vel­op­ment is reflected in an updated EFRAG endorsement status re.....


June 2016 IASB Update published

The June 2016 IASB Update has been published.  Some of the topics for discussion were Insurance Contracts, Conceptual Framework and IFRS Implementation issues. Please click here for a link to the document and previous updates.....


National Economic Dialogue

Pat Costello, Chief Executive of Chartered Accountants Ireland, attended the National Economic Dialogue which took place in Dublin Castle this week. The conference is an important element of the budgetary framework process as it aims to provide a forum for Government, opposition, voluntary and envi.....


This week’s tax tidbits

Developments of interest this week are outlined. Ireland CCAB-I, of which Chartered Accountants Ireland is a member, has made a submission to the Government in respect of the public consultation on the tax treatment of share based remuneration in Ireland. You can read our submission on our website......


Note-taking: take note

          Why take notes? Taking notes is something we have all been encouraged and trained to do from secondary school and it is something we take for granted. Anytime we go to a meeting, training course, conference or class, we automatically reach for the notepad and pen......


No longer business as usual for Ireland, Great Britain and the EU

Now that the outcome of the Brexit referendum is clear, there is an active role for Ireland in the negotiations which will finally draw to a close the U.K.'s membership of the European Union.  Ireland is the closest neighbour to the United Kingdom, and the only EU member state with a land bord.....


Preparing for your exams

Many of our courses which started in the spring are finishing over the coming weeks with exams. It has been a quick journey for our participants, many of whom likely started thinking the end seemed a long time away. For a lot of them, it is all the more admirable considering it may be such a long t.....


Integrated Tax starting this July

      Do you want to bolster your tax skills to the highest level available in Ireland today? Do you want to achieve a qualification that is highly regarded across industry and practice, in the public sector and private sector? Would you like to learn a wide curriculum of tax interac.....


Implementation of EU audit reforms – Implications for regulation and auditing standards

The long anticipated EU Audit Reforms will finally take effect in Ireland and the UK from 17 June. There are significant implications for both the regulation and supervision of statutory auditors and statutory audit work in Ireland and the UK and for the applicable auditing and ethical standar.....


I don't have time - is this really true?

But I don’t have time… How many times have you said this when asked to do something? “I would love to do it but I’m just too busy”. “I can’t right now because I’m already doing X, Y and Z”. Lucille Ball famously said “If you want something done, ask a busy person to do it. The more things you do, t.....


Risk Management and Internal Audit, a pathway to leadership and a rewarding career

We caught up recently with Karen Dillon, Senior Audit Manger in Ulster Bank and lead tutor on our newest qualification, the Diploma in Risk, Internal Audit and Compliance who explains how specialising in these fields can lead to a rewarding career which develops the critical leadership skills requi.....


5 benefits of online learning

    Over the last number of years live webinar events and online courses have become an integral part of the blended approach to learning for accountants across the world. As technology and broadband speeds improve it has become easier for people to avail of the opportunity to develop the.....


10 top tips to land your dream job

As the expression goes ‘if you find your dream job you will never work a day in your life’.  This is something many strive for but few actually achieve. That said, we are living in a time when there is more focus on such topics as job satisfaction, fulfilment and finding a role that is more in.....


Success story: Catriona Swaine Chartered Tax Consultant

Since completing my FAEs in 2010 I’ve always worked in practice. It allows me to work in all aspects of accountancy including tax, audit, bookkeeping, and financial reporting. Added client services I wanted to study a course in tax as I feel it’s essential for an accountant in a small/medium practi.....


The most boring job on the planet

Be careful what you wish for With the election outcome and the minority government came a clamour for Dáil reform.  Be careful what you wish for.  The brand new Dáil Select Committee on Arrangements for Budgetary Scrutiny met for the first time just a few days ago.  Within fifteen mi.....


Tackling that assignment: tips of the trade

              One of the most common asides we hear when people enquire about our courses is “But I haven’t done an assignment or an exam for years!” If you completed your last qualification years or even decades ago, this is a very valid concern. Don’t .....


leading with integrity book coverRecommended Reading
Leading with Integrity: A Practical Guide to Business Ethics
by Ros O'Shea
This book equips business leaders and managers with the understanding and tools to set the right ‘tone at the top’, embedding a culture of integrity and compliance with ethical and organisational values.

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