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Latest News

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Rapid advances in technology have transformed our approach to learning. How can companies retain key staff amid technological advances in the education arena? The learning landscape is evolving. Over the last ten years, the field of learning and development in business has attracted a great deal of attention. Most companies focus on learning as they compete to recruit and retain talent, while employees are continuously trying to upskill and develop, but rapid advances in technology have transformed our approach. The traditional format of a classroom has been replaced by tools such as e-Learning, webinars, video blogs, podcasts and mobile learning. So, how can companies remain relevant amid technological changes? Let’s take a look at some of the latest learning approaches and trends: Flexibility One of the biggest challenges faced by HR departments is getting employees to make time for learning. Our work schedules are littered with meetings, emails, phone calls and a never-ending list of tasks. All too often, education falls by the wayside. We are all guilty. However, a 2019 LinkedIn report suggests that being ‘too busy’ may not be the issue; that, instead, employees want to be in control of their development and carve a learning path that will help them achieve their goals. It’s up to employers to give them that flexibility and space to make their own plan for upskilling and supporting them while they do it. Personalisation Having a personalised training programme tailored to achieving your goals is crucial when it comes to fast-tracking results in the gym. So why is the workplace different? As with anything, one size does not fit all. New technologies provide firms with an opportunity to work with employees to create a customised learning programme for individuals. It enables each employee to focus on the areas they need to improve to fulfil their potential instead of the typical approach where several employees go to the same training session, but no one benefits 100% from the course. Personalisation is better value for the employee and the organisation. Accessibility Mobile phones, laptops and social media are second nature to today’s millennial employee. Digital-enabled content allows them to jump in and out of information as they need it, learning at their own pace and at a time that suits – this is far more appealing than a fixed classroom timetable. Organisations that want to improve an employee’s learning experience need to ensure mobile forms part of the solution. Online content can be grouped into smaller components, so employees can learn where and when it suits them. Mentoring Learning and development is not a neatly parcelled activity separate from the rest of the business. Empowering managers to help employees develop their skills is an essential component. Encourage your managers to become mentors to recruits. There is plenty of research that shows how employees, in turn, feel empowered to drive their careers when coached by a supportive manager. Dearbhla Gallagher is the People Development & HR Manager at Baker Tilly.

Jun 07, 2019
Press release

Challenges facing audit & access to accountancy profession among priorities for new President representing 27,000 members in Ireland  Friday, 17th May 2019. Conall O’Halloran has been elected President of Chartered Accountants Ireland for 2019/2020 at its 131st Annual General Meeting in Dublin today. Addressing the Chartered Accountants Ireland AGM, Mr O’Halloran said his tenure as President would focus on the challenges facing the audit profession, both in Ireland and overseas, while working to broaden understanding of the wider role and value that Chartered Accountants bring to business and society. In addressing the challenges facing the audit profession, he said; “I have recently been looking to our nearest neighbour in the UK and reflecting on the fractured relationship with the regulator, the Financial Reporting Council, and with politicians. Many of the reforms recommended by Sir John Kingman’s recent independent review have now been accepted by the FRC and by the profession and politicians generally. However, the wider review by the Competition and Markets Authority and also the independent review into ‘The Quality and Effectiveness of Audit’ being conducted by Lord Brydon, will be fundamental to our future, and the future of business more broadly. “I think we need to be very careful here in Ireland that what works, and indeed what may be required to work in the UK, is not necessarily or automatically right for Ireland.  I will work very hard as President of Chartered Accountants Ireland to ensure good communication between the profession, politicians and regulators and ensure the very particular strengths that we have in Ireland are protected and nurtured.” Mr O’Halloran also highlighted that access to the profession at graduate level, facilitating more graduates to train in industry and the public sector, and non-graduate entry routes would be a priority in the year ahead.  “In Ireland we are currently very much a vocational profession where the majority of our graduates who train as Chartered Accountants come with a business qualification. This is quite different in other countries and I feel there is a win-win if we can demonstrate the value of being a Chartered Accountant to graduates from different disciplines with diverse skill sets and ways of thinking. “While flexible routes to becoming a Chartered Accountant have opened up opportunities for people in industry and the public sector, the training in business option has declined. When I look to some of Ireland’s corporates there is enormous opportunity in our large companies, particularly those with a global footprint, to train Chartered Accountants in-house. “The other thing we need to get right is our school leaver route. I think it inevitable that college fees for university education will be reintroduced at some stage and will make third level education inaccessible to even more people. So, while the school leaver route in Chartered Accountancy has become a thing of the past, I am pretty clear that it will become a thing of the future again and we need to be ready for it.” Mr O’Halloran, who takes over as President from Feargal McCormack, is Partner and recently served as Head of Audit Practice with KPMG, based in Dublin, from 2013 to 2019.  He was previously nominated by the Irish Government to the UK’s Financial Reporting Council’s Audit and Assurance Board and the Company Law Review Group, where he served for nine years. A graduate of UCC, Conall O’Halloran is married with four children and lives in Dublin. At today’s AGM, Paul Henry was elected Deputy President of Chartered Accountants Ireland. Pat O’Neill was elected Vice-President. Ends Reference:  Brendan O’Hora, Communications & Marketing Director, Chartered Accountants Ireland, 086 2432 428 / brendan.ohora@charteredaccountants.ie Karen Jones, Gibney Communications, 01 661 0402 / 086 866 4501 Note for Editors: Chartered Accountants Ireland represents 27,000 Chartered Accountants throughout the island of Ireland and in 93 countries around the globe. Founded in 1888, It is the largest, longest established and fastest growing professional accountancy body in Ireland.

May 17, 2019

As a fresh round of talks gets underway to break the political deadlock in Northern Ireland, Chartered Accountants Ireland and Chartered Accountants Ulster Society are reminding the political parties that among the rewards for success is the opportunity to reduce the tax burden on Northern Ireland business. Alan Gourley, Chairman of Chartered Accountants Ireland’s NI Tax Committee said: “The 2015 Fresh Start Agreement included a firm commitment to the final stage of devolution of corporation tax to Northern Ireland and agreed upon a date (1 April 2018) and a rate (12.5%). “The trigger in the relevant legislation requires both the NI Executive to re-form and a clear demonstration to Treasury that Northern Ireland’s finances are on a sustainable footing. Once again, it’s over to Stormont.” Chairman of Chartered Accountants Ulster Society, Richard Gillan commented: “Back in 2015 when the rate and date were agreed, the outcome of the EU referendum was an unknown quantity. It is now clear that Northern Ireland will be the UK region most severely impacted by Brexit. The economic opportunity originally presented by corporation tax devolution now takes on added importance. “A freshly constituted Northern Ireland Executive will face some tough decisions in critical areas such as health and education. These decisions may take time. But there is a quick win which should not be allowed to pass Northern Ireland by. Our message is clear – finish the job of devolving corporation tax and take away some of the impending pain of Brexit.”

May 09, 2019