On 20 November, the District Societies of Chartered Accountants Ireland jointly hosted a webinar on AI featuring Marie Toft. This session covered: What AI is and how it works What AI can and can’t do Legal obligations around using AI Risks and opportunities for Chartered Accountants Real-life examples of AI in accounting A recording of this session is available to view, for free and on demand, HERE More speakers in this AI Advantage series will be announced soon.

    COP30 – the 2025 global climate summit – is into its second week as delegates strive to deliver a global Mutirão, the proposal by the Brazilian presidency to unite humanity in a global mobilisation against climate change. Running until 21 November in Belém, Brazil, the summit discusses the  action the global community is taking on tackling climate change.  A world on fire On Thursday 20 November UN Secretary-General Antonio Guterres urged negotiators to reach an "ambitious compromise", but negotiations were later interrupted as a fire broke out in a pavilion where talks were being held, forcing evacuation. EU Climate commissioner Commissioner Wopke Hoekstra in a press conference this week called for “ambitious” plans as the world comes “dangerously close to truly destructive tipping points”, although reportedly ruled out revisiting financial pledges or being "lured into a phony conversation about trade”. Although Brazil’s environment minister Marina Silva reportedly suggested this year’s COP30 climate summit could result in a roadmap to end the use of fossil fuels through a “planned and just transition”, the COP30 draft text as of 21 November reportedly omits any mention of a fossil fuel phase-out roadmap. Talks will resume later than anticipated on Friday, which is likely to delay the official closing of the summit and the finalisation of the negotiating text. The lifeblood of climate action Last week, Simon Stiell, UN Climate Change Executive Secretary, made clear the connection between finance and climate action in his opening speech at the third High-Level Ministerial Dialogue on climate finance. Describing climate finance as the lifeblood of climate action and “what turns plans into progress, and ambition into implementation”, Steill pointed to progress made since the Paris Agreement. Climate cooperation has seen public and private flows of climate finance growing, new partnerships forged, and billions of dollars flowing into clean energy, resilience, and just transitions across the world. However, Stiell also addressed the shortfall in climate finance, which is still not sufficient or reliable enough, or shared widely and fairly enough. He also drew attention to the gap in adaptation finance required by countries to adapt to the effects of climate chaos, although in a later speech remained confident that COP30 would deliver results: “COP30 has racked up an impressive scorecard of real-world climate actions that will also mean stronger economies, more jobs and better lives for many millions”. Chartered Accountants Ireland will bring you more from the final days of COP30 as negotiations conclude next week.

Welcome to the latest edition of Technical Roundup. In developments since the last edition, in its article entitled ‘DORA Review: Balancing Digital Resilience and simplification’, Accountancy Europe discusses the reasons why the Audit Directive, and not the Digital Operational Resilience Act (DORA), is the most appropriate framework to strengthen digital-resilience requirements for statutory auditors and audit firms.  The Global Reporting Initiative (GRI) has launched a new checklist to help entities align their climate reporting using the GRI standards with the UN’s official approach to setting credible climate commitments, targets and transition plans. Read more on these and other developments that may be of interest to members below. Financial Reporting EFRAG, the European Financial Reporting Advisory Group, has published its October 2025 update. This report summarises the public technical discussions and decisions taken at EFRAG during the month. The comment period for responses to EFRAG’s draft Endorsement Advice for Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures remains open until 28th November 2025. In its Annual Review of Corporate Governance Reporting, the Financial Reporting Council (FRC) has highlighted some reporting trends and practices among 100 UK-listed companies against the 2018 UK Corporate Governance Code. In its Thematic Review “Reporting by the UK’s smaller listed companies”, the FRC examines annual reports from 20 companies listed outside the FRSE 350. The Thematic Review aims to help companies improve their reporting quality in four key areas - Revenue recognition, Cash flow statements, Impairment of non-financial assets and financial instruments - which have historically identified room for improvement. The FRC has published the 2026 UK Taxonomy Suite which incorporates changes to the FRC Taxonomy Suite, Charities Taxonomy, and Irish Taxonomy. The International Accounting Standards Board (IASB) has issued amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates. These changes are intended to clarify how companies should translate financial statements from a non-hyperinflationary currency into a hyperinflationary one. The IASB has published recordings and presentations from its recent Research Forum. Auditing and Assurance The Financial Reporting Council (FRC) has issued International Standard on Sustainability Assurance (UK) 5000, “General Requirements for Sustainability Assurance Engagements”, which provides UK companies, investors and assurance providers with a consistent, internationally aligned assurance standards for voluntary use in sustainability assurance engagements. The Law Society of Ireland has announced that its new online portal for Reporting Accountants to upload an annual or closing reporting accountant’s report for a Solicitor client on to the Law Society’s system is at an advanced stage and is nearly ready to launch. Sustainability The European Parliament has voted in favour of a simplification of the sustainability reporting requirements for European companies. Following the release of the Omnibus proposals in February, there has been much debate and discussion regarding the scope of companies who should be subject to the European Sustainability Reporting Standards, as well as the extent and rigour of these standards. Following these negotiations, the European Parliament has voted in favour of limits which will mean that only businesses with over 1,750 employees and annual turnover of €450 million will be subject to these rules. The CSDDD limits have also been increased to 5,000 employees and turnover of €1.5 billion. GRI, the Global Reporting Initiative, has criticised the simplification noting that the position adopted by the Parliament “is a backward step for the EU – and undermines European leadership on sustainability”. The Global Reporting Initiative (GRI) has launched a new checklist to help entities align their climate reporting using the GRI standards with the UN’s official approach to setting credible climate commitments, targets and transition plans. EFRAG is hosting a conference ‘EFRAG unveils Draft Simplified ESRS: A European Milestone for Sustainability Reporting’ on 4 December 2025.  The schedule includes presentations from expert teams, the launch of the ESRS Knowledge Hub and keynote speeches. The Irish Auditing and Accounting Supervisory Authority (IAASA), in collaboration with the Irish Accounting and Finance Association (IAFA), recently hosted a webinar on CSRD Reporting and Assurance. Accountancy Europe has published its November 2025 Sustainability Update. Accountancy Europe has responded to EFRAG’s VSME Market Acceptance survey. The European Banking Authority (EBA) announced the release of the Network for Greening the Financial System (NGFS) declaration on the economic cost of climate inaction during the 2025 United Nations Climate Change Conference (COP30) in Belém, Brazil. The EBA is an active member of NGFS, which represents a group of central banks and supervisors sharing best practices and contributing to the development of environment and climate risk management in the financial sector. The declaration underscores the mounting macroeconomic and financial risks of delayed climate action and reaffirms the NGFS’s commitment to supporting a well-managed transition to a low-carbon economy. Please refer to following link for a copy of the declaration. Anti-money laundering On 9 December 2025 (09:00 - 12:00) Accountancy Europe is hosting an in-person event in Brussels titled “Beyond compliance – the human cost of money laundering to explore the real-life impacts and human cost of financial crime and discuss how cooperation across sectors can make a tangible difference. Speakers include the EU Commissioner Maria Luís Albuquerque. Readers who may wish to attend can click here for more details and to register. The Financial Conduct Authority (FCA) published findings from a review of risk assessment processes and controls in firms. The findings highlight good and poor practice to help firms reflect on how they are meeting the existing risk assessment requirements. Fraud Central Bank of Ireland issued a warning to consumers about the changing fraud landscape and also launched a campaign to help consumers avoid scams by highlighting how scammers' techniques are evolving including use of social media and digital channels for scams. Common scams now used by financial fraudsters include fake comparison websites, fraudulent recovery scheme scams, investment scams, and use of deepfakes. The CBI has published advice and information for consumers outlining what steps can be taken to verify that the individual or company they are dealing with is real and trustworthy before making any financial decisions or providing personal information.  FraudSMART (a fraud awareness initiative developed by Banking & Payments Federation Ireland (BPFI) in conjunction with member banks), issued a fresh warning to consumers to be on alert as highly convincing investment scams continue to rise, which use AI generated adverts. The Garda National Economic Crime Bureau noted a concerning 21% increase has been recorded in the three months up to October 2025. For pointers on how to avoid investment scams, FraudSMART has also published a 'Spotlight on Investment Scams information leaflet'. Central Bank of Ireland (CBI) The Central Bank of Ireland (CBI) published the second Financial Stability Review report for 2025 outlining that the main risks facing Ireland's financial system include stretched valuations in global markets and economic uncertainty. Gerry Cross, the CBI's Director for Capital Markets and Funds gave a keynote speech at the annual Retail Intermediaries Roadshow covering the evolving regulation of financial intermediaries, the importance of this sector for consumers, the outcomes that the Central Bank sees as important for this sector, and simplification and proportionality in regulation and supervision. Artificial Intelligence The European Commission has published a Proposal for regulation on simplification for AI rules, designed to simplify its digital regulatory framework, including the AI Act and data privacy rules. The ‘Digital Omnibus’ package introduces several measures, including delaying the stricter regulation of ‘high-risk’ AI applications until late 2027. On Wednesday, 19 November Minister of State for Trade Promotion, Artificial Intelligence and Digital Transformation Niamh Smyth launched a public consultation on the new Responsible Business Compass, an online pilot tool designed to help Irish businesses understand and comply with sustainability-related EU Regulations and Directives.  The project is being developed by the OECD in cooperation with the European Commission. Cybersecurity The National Cyber Security Centre (NCSC) in the UK published an article regarding the NCSC's 'Cyber Action Toolkit, which can help small businesses to improve their cybersecurity framework. The NCSC's toolkit is available at the following link. The National Cyber Security Centre in Ireland issued an alert regarding a critical vulnerability impacting Fortinet's FortiWeb product. The NCSC strongly recommends installing updates for vulnerable systems with the highest priority, after thorough testing. Affected organisations should review the latest release notes and install the relevant updates from Fortinet. The European Union Agency for Cybersecurity (ENISA) announced its expanded role to support cybersecurity vulnerability management in the EU and new responsibilities that will occur under the European Cyber Resilience Act including the implementation of a single reporting platform for manufacturers to notify actively exploited vulnerabilities.  Companies Office - Busy Filing period We reiterate the advice of the Companies Registration office to file early, if at all possible. Please see latest news from the CRO outlining the issues being faced as the peak filing date of 25 November draws closer. Readers are also referred to our recently published tips and pointers for the busy Annual Return filing season which may help you navigate the process with the Companies Registration Office. Digital Operational Resilience Act (DORA) The European Supervisory Authorities (EBA, EIOPA, and ESMA - the ESAs) published the list of designated critical ICT third-party providers (CTPPs) under the Digital Operational Resilience Act (DORA). This designation marks a crucial step in the implementation of the DORA oversight framework. The list of designated critical ICT third-party providers subject to direct oversight and examination is included in this document. Under Article 58(3) of DORA, the European Commission (EC), after consulting the European Supervisory Authorities (ESAs) and the Committee of European Auditing Oversight Bodies (CEAOB), must, by 17 January 2026, assess whether DORA or the Audit Directive is the most appropriate framework to strengthen digital-resilience requirements for statutory auditors and audit firms.  Accountancy Europe’s recent article highlights the upcoming assessment process by the EC and outlines reasons why it would not make sense to expand DORA’s scope to include auditors. Other news The Financial Reporting Council (FRC) has published a report to support signatories as they prepare to apply to the updated Stewardship Code which takes effect from 1 January 2026. The European Securities and Markets Authority (ESMA) has published the results of a peer review which found that the foundational frameworks for the supervision of depositaries are in place. The Pensions Authority has published its defined benefit scheme statistics for 2024 which statistics are compiled from the annual actuarial data returns submitted to the Authority. In other Pensions Authority news it has published information on the 2025 annual compliance statement  that is provided for under the Pensions Act. It has also extended the deadline for submissions to its public consultation on in-scheme drawdown. The closing date for submissions is now 20 January 2026. The Minister of State for Employment, Small Business and Retail, Alan Dillon, has announced a public consultation seeking the views of members of the public, employers and other interested parties on the right to request a remote working arrangement, provided for within the Work Life Balance and Miscellaneous Provisions Act 2023. For further technical information and updates please visit the Technical Hub on the Institute website.      This information is provided as resources and information only and nothing in the information purports to provide professional advice or definitive legal interpretation(s) or opinion(s) on the applicable legislation or legal or other matters referred to in the information. If the reader is in doubt on any matter in this complex area further legal or other advice must be obtained. While every reasonable care has been taken by the Institute in the preparation of the information we do not guarantee the accuracy or veracity of any resource, guidance, information or opinion, or the appropriateness, suitability or applicability of any practice or procedure contained therein. The Institute is not responsible for any errors or omissions or for the results obtained from the use of the resources or information contained herein.

This week the Institute received formal correspondence from the Department of Social Protection (DSP) regarding My Future Fund. The letter, which members may have seen reported in media yesterday, emphasises that it is an offence to hinder employees from participating in My Future Fund. It clarifies that, despite recent reports, there has been no legal change requiring employers to enrol staff in occupational pension schemes to avoid automatic enrolment. The DSP has outlined that they understand that in some instances, employees are being compelled to join schemes with minimal employer contributions - often just 1% of salary – which falls short of the contributions required by My Future Fund. Such arrangements may deprive employees of meaningful pension benefits and could constitute an offence under Section 128 of the Auto Enrolment Retirement Savings System Act 2024 (AE Act). Any cases where employees are illegally obliged to join another pension scheme, preventing them from accessing My Future Fund will be fully investigated by DSP. Members are encouraged to familiarise themselves with these developments and ensure clients are fully informed. Background on Auto Enrolment/My Future Fund From 1 January 2026, the Automatic Enrolment Retirement Savings System – branded as My Future Fund - will come into effect. This initiative, legislated under the AE Act, is designed to provide employees who currently lack pension coverage with a secure and quality-assured way to save for retirement. Eligible employees - those aged over 23 and under 66, earning more than €5,000 in any 13-week period, and not already enrolled in a payroll-based pension scheme - will be automatically enrolled. The scheme will be operated and regulated by the newly established National Automatic Enrolment Retirement Savings Authority (NAERSA). Clarifications and compliance issues raised by the DSP The Department outlined that it has come to their attention that contribution levels under My Future Fund will be significantly higher than those currently reported in some occupational schemes, where employer contributions may be as low as 1% of salary. According to the correspondence, such low contribution rates are considerably below the initial and future contribution levels set for My Future Fund. The Department advises that any approach which results in employees being enrolled in schemes with substantially lower benefits could raise compliance concerns under the AE Act. The Department confirms that there has been no legislative change requiring employers to enrol staff in occupational schemes to circumvent automatic enrolment. However, it has become aware of cases where employees are being compelled to join such schemes, even where membership is not required under their contracts of employment. This practice, combined with very low employer contributions, could prevent employees from accessing My Future Fund and may constitute an offence under Section 128 of the AE Act. The letter also highlights compliance obligations. Employers enrolling staff in occupational schemes must meet disclosure requirements under the Pensions Act, ensuring employees receive full and accurate information about the terms and benefits of any scheme they join. Furthermore, sharing employee details with pension administrators without explicit consent may breach data protection law, exposing employers to legal and reputational risks. Finally, the Department notes that NAERSA, in consultation with the Pensions Authority, is considering developing standards to determine whether an occupational scheme qualifies as an exempt scheme under the AE Act. These standards will aim to include minimum contribution rates and conditions to ensure that any exempt pension schemes offers benefits at least as favourable as those provided under My Future Fund. Members should monitor these developments closely, as they will directly impact employer obligations and the advice professionals provide to clients. 

In this week’s Sustainability/ESG Bulletin, read about sustainability in the Chartered Accountants Ireland Leinster Society’s Published Accounts Awards. Also covered is the upcoming public consultation on new Responsible Business Compass, measures announced by the Government to support resilience, competitiveness and economic growth in the face of severe climate change impacts, the publication of the Northern Ireland (NI) Environmental Principles Policy Statement, the European Commission’s proposals to simplify transparency rules for sustainable financial products, and attempts at COP30 to deliver a global Mutirão. We also bring you the latest articles, resources, jobs and upcoming events. Chartered Accountants Ireland Chartered Accountants Ireland Leinster Society’s Published Accounts Awards Sustainability was the dominant theme of the Chartered Accountants Ireland Leinster Society’s Published Accounts Awards, which took place last week. Organisations placed increasing emphasis on sustainability, environmental, social, and governance (ESG), diversity and inclusion and brand storytelling. The standard, according to the judging panel, was reportedly among the strongest in recent years, with ESB winning the overall award on the theme ‘Empowering the Sustainable Energy Transition’, which focused on planet, place and people. Commenting, awards judge Anthony Raivellur described sustainability reporting as extending beyond disclosure to encompass about accountability, transparency and alignment with the Paris Agreement, as well as people, community and purpose.   IRELAND Public consultation on new Responsible Business Compass Minister of State for Trade Promotion, Artificial Intelligence and Digital Transformation Niamh Smyth has launched a public consultation on the new Responsible Business Compass. This is an online pilot tool designed to help Irish businesses, particularly SMEs, understand and comply with sustainability-related EU Regulations and Directives. Funded by the European Union’s Technical Support Instrument (TSI), the Compass consolidates nine key EU Regulations and Directives related to sustainability and responsible business practices. It aims to provide structured guidance on compliance obligations while connecting businesses to relevant supports offered by government departments and agencies. The project is being developed by the Organisation for Economic Cooperation and Development (OECD), in cooperation with the European Commission, to deliver a comprehensive report and pilot tool for Irish enterprises. The public consultation is open for four weeks on the Department of Enterprise, Tourism and Employment website. Feedback from stakeholders will inform the final development of the Compass ICT tool, which will later be made available via the departmental website and the National Enterprise Hub. Appointment to the Climate Change Advisory Council - Call for expressions of interest Expressions of interest are invited from suitably qualified and experienced persons for appointment as a member of the Climate Change Advisory Council, the independent advisory body tasked with assessing and advising on how Ireland can achieve the transition to a climate-resilient, biodiversity-rich, environmentally sustainable and climate-neutral economy. There will be a total of eight vacancies, including the Chair, throughout 2026 with appointments of three or five years depending on the post. These appointments will assist the Council in its activities, including advising Ministers and Government on climate policy, conducting annual and periodic reviews of progress in furthering the achievement of the national climate objective as well as proposing carbon budgets to the Minister. For the full details of the roles and requirements please refer to the candidate information booklet which can be found at Call for Expression of Interest - Climate Change Advisory Council . The closing date for applications is 3.00pm on 5 December 2025. Protecting Ireland’s communications networks from extreme weather The Government has approved the publication of the Sectoral Adaptation Plan for Communication networks in line with the National Adaptation Framework, part of a suite of measures to ensure that Ireland’s telecommunication networks will be fit for future climate challenges. The updated plan sets out how the sector will strengthen the resilience of Ireland’s communication networks in the face of climate challenges, reflecting, among other things, a commitment to support businesses as Ireland transitions to a climate-resilient future and acknowledging that insufficient climate change adaptation measures and resilience undermine competitiveness and economic growth. The plan was published on the same day the Government approved 13 Sectoral Adaptation Plans (SAPs) to support resilience, competitiveness and economic growth in the face of severe climate change impacts. Among these, the Biodiversity Climate Change Sectoral Adaptation Plan mentions the important role that businesses and the private sector play in addressing biodiversity loss. It points to the establishment of the Business for Biodiversity Ireland Platform, which works across the private sector to promote education and awareness, and to support businesses driving nature-positive practices. NORTHERN IRELAND/UK Publication of Environmental Principles Policy Statement The Department of Agriculture, Environment and Rural Affairs (DAERA) has published the Northern Ireland (NI) Environmental Principles Policy Statement. The Statement aims to ensure that environmental considerations are central to policy development and delivery in all Government departments. It will guide policymakers to consistently consider environmental impacts, prevent damage, and find innovative opportunities to enhance the environment.  The Act includes provisions for embedding in domestic law in England and Northern Ireland five environmental principles: the principle that environmental protection should be integrated into the making of policies; the principle of preventative action to avert environmental damage; the precautionary principle, so far as relating to the environment; the principle that environmental damage should as a priority be rectified at source; and the polluter pays principle.  The Statement will be now laid before the Assembly for scrutiny. EUROPE Commission simplifies transparency rules for sustainable financial products The European Commission has proposed a set of amendments to the Sustainable Finance Disclosure Regulation (SFDR), the EU’s transparency framework for financial products integrating environmental or social aims. The changes are designed to address current shortcomings, making the rules simpler, more efficient, better aligned with market realities, more retail-friendly and usable for companies. For FAQs see here. Accountancy Europe Sustainability Update Accountancy Europe has published its November Sustainability Update with the following highlights EP and Council adopt their position on 2040 climate target and signal EU commitment to climate neutrality Council’s conclusions on future policy priorities EU Member States call for delay and simplification of Deforestation Regulation ESMA final report on EU Green Bond Regulation Technical Standards IAASB publishes FAQs on ISSA 5000 relevance for CSRD assurance engagements WORLD COP30  –  Mutirão COP30 – the 2025 global climate summit – is into its second week as delegates strive to deliver a global Mutirão, the proposal by the Brazilian presidency to unite humanity in a global mobilization against climate change. Running until 21 November in Belém, Brazil, the summit discusses the world’s action on tackling climate change.  You can check Chartered Accountants Ireland COP30 coverage and resources on its Sustainability Centre. ARTICLES ICAEW boosts sustainability leadership with new hire (ICAEW) Where next for sustainability in business? (Briefly from Accountancy Ireland) The hidden financial cost of weakening EU due diligence rules - Ignoring supply chain risks is costing companies billions of euros  (FT Sustainable Views – Subscription needed) Alan Kirkpatrick, “Carbon Pricing Policies and Global Climate Change” 25 June 2025 1 Carbon Pricing Policies and Global Climate Change - Critical Perspectives (Second edition) What’s really holding women back at work? (Irish Times) RESOURCES Compiled by Daniel Murray, the weekly Business Post - ESG Briefing on the latest ESG news is worth your time. The Irish Auditing and Accounting Supervisory Authority (IAASA), in collaboration with the Irish Accounting and Finance Association (IAFA), recently hosted a webinar on CSRD Reporting and Assurance. The full webinar is available on IAASA’s YouTube channel. PODCAST Behind the Story: The real cost of Ireland's fossil fuels Ireland is spending €1 million every hour on fossil fuels, energy expert Dr Paul Deane has told Behind the Story. It comes as a recent report from the Irish Academy of Engineering says Ireland needs to rebalance its energy policy. (RTÉ – 33 mins) JOBS Financial Services - Climate Change and Sustainability Services - Senior Consultant (EY) Sustainability Associate Director (GT) Sustainability Manager (GT) Events Dublin Chamber, The Sustainability Academy: Making Sustainability Part of the Customer Conversation This half-day workshop focuses on how sustainability shapes customer expectations and how we can respond with clear, confident communication. It’s designed for those in customer-facing roles, including sales, marketing and client/relationship management who are responsible for how their organisation is seen and understood by clients and customers. In person, 26 Nov, 09:00 AM - 01:00 PM, Dublin Chamber, 7 Clare Street, Dublin 2 D02 F9O2 IBEC, Practical Ways to Support Neuro-Inclusive Workplaces The BioPharmaChem Ireland D&I Forum, in conjunction with BioPharmaChem Skillnet, is hosting an online session focused on practical strategies to support neuro-inclusive workplaces. The webinar will feature Terry Gleeson (Specialisterne Ireland) sharing solutions to create inclusive environments for neurodivergent employees. Susan Costello (BioPharmaChem Skillnet) will highlight their award-winning Certificate in CPD in Neurodiversity in the Workplace programme, followed by Linda Mulholland (APC) discussing her experience completing the course and the learnings she applied in her own workplace. Virtual, 26 November 11:00 - 12:00 Goodbody Clearstream, Cost & Opportunity of Transitioning to Net Zero This interactive masterclass will feature a presentation by Goodbody Clearstream on the practical steps and costs of transitioning your business, followed by an interactive panel discussion on how decarbonisation strategies and actions drive business value. Come and hear how Uniphar, I-RES and AIB are transitioning their businesses for a low carbon economy.   In person, location TBC (Dublin 4), 27 November, 14.00-15.00 (light lunch from 1pm – 2pm) IBEC, Preparing for Severe Weather Events Severe weather conditions can cause major disruption to roads, bus or train infrastructure and therefore, the operation of your business. In this webinar, Dr. Michael Gillen, Head of OSH Policy will review the key points to consider, practical steps and control measures you can put in place. Virtual, 26 November 11:00 - 11:45 InterTradeIreland, Trade Series: Understanding ESG & Sustainability This free webinar will help businesses understand ESG principles, sustainability strategies, and practical steps for compliance and growth. It will cover reporting requirements, risk management, and opportunities for SMEs. Gain practical insights into how ESG and sustainability practices can help your business remain competitive, compliant, and future-ready, as well as an overview of emerging ESG and Sustainability reporting requirements. Online, Wednesday 26 November 2025, 11:00am–12:30pm EY, Four Futures: Exploring Climate Scenarios This immersive workshop invites people to step into the year 2055 and explore four distinct climate scenarios—Business As Usual, Transform, Constrain, and Collapse. Enhanced by the CCaSS team, this updated iteration incorporates the latest insights on climate impacts in Ireland. Participants will dive deeper into key drivers of climate change and examine how Business As Usual and Transform scenarios affect society, business, and the economy. EY Offices, Harcourt Street, Dublin, , D02 YA40, Friday 28 November – Friday 5 December 2025 Dublin Chamber, The Sustainability Academy: Making It Work Inside Your Organisation This half-day workshop is designed for people working behind the scenes — in finance, operations, HR and other internal roles, those who play a key part in shaping how their organisation runs day to day. It focuses on how sustainability can be built into internal systems and processes in a way that supports both people and performance. In person, 4 Dec 9am - 1pm, Dublin Chamber, 7 Clare Street, Dublin 2 D02 F9O2 Equality Commission for Northern Ireland, Event to Help Employers Apply Reasonable Adjustments This in-person event will help employers create inclusive workplaces for people with disabilities by demonstrating how reasonable adjustments can and should be applied. Hear from employers A&O Shearman and Belfast City Council on effective approaches, and learn about support services and programmes from disability sector representatives and government departments. Girdwood Community Hub, Belfast, Thursday 11 December 2025, 9:30am – 1:00pm | Cost: Free Pentland Centre for Sustainability in Business - Lancaster University,  SMEs - Learning about Nature and Biodiversity This is the first in a series of three free webinars from the Pentland Centre for Sustainability in Business aimed at SMEs curious about nature and biodiversity links to business activity. This session provides a natural science introduction to ecosystems and explains how these aspects impact business operations, with examples from different sectors. Virtual, Thursday 15 January 2026, 8:00am – 9:00am | 4.00pm – 5.00pm Dublin Chamber, The Sustainability Academy: Green Public Procurement Training Join us on Wednesday the 4th of February for Half-day virtual workshop on Green Public Procurement as part of Sustainable Academy, sponsored by AIB. All companies now need to learn the green public procurement rules to bid and win new contracts with the public sector. Virtual,  Wed 4th Feb 2026 | 9am - 12.30pm. Pentland Centre for Sustainability in Business - Lancaster University, Starting Your Journey with Tools and Frameworks Second in the series, this webinar explores tools and frameworks that support decision-making for nature and biodiversity, including the Natural Capital Protocol and TNFD. Learn how these approaches help businesses identify relevant priorities and communicate outcomes effectively. Virtual, Thursday 12 February 2026, 8:00am – 9: 00am | 4.00pm – 5.00pm Pentland Centre for Sustainability in Business - Lancaster University, What Does ‘Good’ Look Like in Corporate Reporting? The final session in the Pentland Centre’s free webinar series for SMEs explores what effective reporting on nature and biodiversity looks like. Drawing on global examples, this webinar highlights best practices and practical approaches for integrating nature and biodiversity into corporate reporting. Virtual, Thursday 12 March 2026, 8:00am – 9:00am | 4.00pm – 5.00pm Sustainability Centre You can find information, guidance and supports to understand sustainability and meet the challenges it presents in our online Sustainability Centre.    

Those aiming for leadership positions can benefit from the experience of those who went before them, writes Executive Head of Member Experience Karin Lanigan.   Mentoring is certainly not a new concept; however, it is one that has been receiving increased attention in recent years within the Chartered community. The benefits of mentoring are acknowledged, and these benefits were resoundingly highlighted during a recent panel discussion event for members was hosted by the Ulster Society: “Leading with Purpose”, during which leadership and the important role of mentoring to its development were discussed. Joining me on this panel were Jackie Henry MBE – UK Managing Partner of People and Purpose, Deloitte, Sir David Sterling KCB – retired Head of Northern Ireland Civil Servant and current Non-Executive Director of various boards and trusts, Tracey McCaig – Chief Operating Officer, Department of Health’s Strategic Planning and Performance Group (SPPG), Beth Lyttle –  Chartered Accountant at Northern Ireland Audit Office, and it was chaired by Jo Scott – Broadcaster with BBC NI. "The hindsight of a mentor can provide invaluable foresight" During the lively discussion, it was agreed that being in a leadership role can sometimes be a lonely place. In this situation, the benefits of having a mentor can really come to the fore. Being able to reach out and leverage the lived experiences, advice, insights and support of a mentor can help you deal more effectively with challenges, career pivots and generally enhance your career trajectory.  It was also noted that mentors are not only a useful resource during the big moments, but they are also a helpful sounding board for day-to-day aspects of your career and life dilemmas. There is significant merit in gaining support and advice from someone who is more experienced and has most likely lived through similar situations. In other words, the hindsight of a mentor can provide invaluable foresight. Among the panelists , the consensus was that selecting or being matched with the most appropriate mentor for you personally is essential in forming this dynamic and collaborative relationship. There must be a connection and chemistry there which is then underpinned by trust, confidentiality, respect and open communication. We reminded the audience that a mentoring relationship can be formal or informal and it’s definitely not the case that  one size that fits all. We also pointed out that both parties shouldn’t be prescriptive in terms of the duration of the relationship as they can tend to naturally run their course. Confidence-building and moving out of your comfort zone Developing a relationship with your mentor is an investment in your career and personal development, particularly if you want to accelerate your career and take on more senior roles and lead with purpose. Leadership doesn’t happen in isolation. With the backing and support of a mentor you can develop your leadership skills more effectively and build your self-confidence. Our panel openly outlined how they have all had their challenges with the ‘impostor syndrome’ where they doubted their abilities and were riddled with a lack of self-confidence. On these occasions having a mentor to reach out to for support, compassion, advice and new perspectives was transformational.   To truly benefit from a mentoring relationship, you as the mentee need to be willing to be comfortable with being uncomfortable. In other words, you need to be prepared to push yourself outside your comfort zone, accept feedback and push boundaries. When you get to this point, the benefits of mentoring can be truly experienced and enjoyed. In terms of practicalities, scheduling your mentoring meetings at a time that works for you is essential to their success. You need to set aside time where you can focus on the conversations and have adequate time to plan what you want to achieve from the engagement with your mentor. Taking this approach is only fair to the mentor too who has given their time to support you. Overall, mentoring was highlighted as a valuable support system, helping members and aspiring leaders to overcome challenges, build confidence, and accelerate career growth by leveraging the experience and advice of more seasoned professionals. Learn more about mentoring For any members who are interested in offering their time to an aspiring Chartered leader, or members seeking a mentor, me and my colleagues in the Institute’s careers and recruitment service would be delighted to talk to you. You can learn more about the service here. Karin Lanigan is the Institute's Executive Head of Member Experience. She has also managed the Career and Recrutiment Service. Karin holds a Masters in Personal and Management Coaching from UCC 

The 10th Annual Good Governance Awards took place last night at Chartered Accountants House, marking a decade of celebrating strong governance, transparency and high-quality reporting across Ireland’s charity and non-profit sector. Hosted in partnership with Carmichael, the event brought together trustees, volunteers, charity leaders and supporters to honour organisations that are setting the benchmark for responsible stewardship. In her remarks, the Chief Executive of Chartered Accountants Ireland, Rosemary Keogh, highlighted the central importance of trust, noting that in an increasingly complex and volatile world, good governance is the foundation on which charities earn and maintain public confidence. She emphasised that governance is not simply about compliance, it is a commitment to accountability, purpose and the ethical use of resources for the public good. A key theme of the evening was the steadily increasing standard of governance across Irish charities. With the publication of the new Charity SORP in October, and the Charities Regulator expected to finalise mandatory scoping requirements in 2026, boards, management teams and donors will have more to familiarise themselves with in the year ahead. These developments reinforce the need for ongoing training, clarity and leadership - particularly in areas such as financial reporting, risk oversight, impact measurement and transparency. The many roles played by Chartered Accountants across the non-profit landscape was also recognised at the event. Members serve as trustees, treasurers, employees, auditors, advisers, volunteers and donors, bringing professional judgement, financial stewardship and ethical leadership to charities and non-profits of all sizes. Some have also been beneficiaries of the sector’s work, reinforcing its deep societal value. Their contribution aligns with Chartered Accountants Ireland’s emphasis on trusted business leadership and reflects the profession’s commitment to serving the public interest. A very warm appreciation was also extended to Carmichael and Diarmaid O’Corrbui, Co-founder of the Good Governance Awards, for a decade of championing excellence in governance. Congratulations once again to all this year’s winners, who were: Category 1 (< €100,000): Chronic Pain Ireland Category 2 (€100,000–€250,000): Kilkenny Volunteer Centre Category 3 (€250,000–€750,000): IDEA – Irish Development Education Association Category 4 (€750,000–€2.5m): Belong To Category 5 (€2.5m–€10m): Women’s Aid Category 6 (€10m–€50m): Oxfam Ireland Category 7 (> €50m): Rehab Group All shortlisted organisations received expert feedback from volunteer judges and assessors, a core feature of the Awards that supports continuous improvement throughout the sector. For further information or comment please contact Head of Ethics and Governance, Níall Fitzgerald at ethicsgov@charteredaccountants.ie

We are delighted to announce that this year's charity partner for our Leinster Society Christmas Lunch is the Irish Youth Foundation (IYF). The Irish Youth Foundation (IYF) was set up 40 years ago by Norma Smurfit with the sole mission of ensuring that every young person in Ireland has access to the support and opportunities they need to thrive. In that time, they have invested over €30 million in young people and given 500,000 children and young people the opportunities, mentors, and safe spaces they need to thrive. They fund and support community-based projects that provide safe spaces, trusted mentors, and opportunities for personal growth, helping young people build confidence, resilience, and brighter futures. Their work focuses on addressing the root causes of inequality by investing in youth services that tackle issues such as poverty, mental health, education gaps, and social exclusion. Through strategic partnerships and targeted funding, they enable grassroots organisations to deliver high-impact programmes where they’re needed most. However, the need for the work they support has never been greater. 1 in 5 children in Ireland are living in poverty and 1 in 10 are experiencing consistent deprivation lacking access to basic resources, opportunities, and support systems.  The funds that we can raise at our Christmas Lunch this year  for the IYF is vital to help them meet this growing need and ensure that every child has the chance to thrive, regardless of their circumstances. A Youth Worker's story of guiding a young man to his Junior Cert Mary, a Youth Worker, has been working with a young man in her project since the age of 8. She remembers a day when she had to go to the child’s school to advocate on his behalf. The child was being expelled for bad behaviour, which had culminated in the boy hitting his teacher. The school could no longer tolerate this behaviour. Mary met with the Principal and filled him in on the child’s back story. The kind of story that often remains hidden. Unless there’s a caring and supportive adult in your life. This young boy’s story was harrowing. His father was physically, emotionally and mentally abusive to his wife and two children. The young boy witnessed his father physically attack his mother on numerous occasions and experienced significant abuse himself. The father was involved in gangland activity and eventually ended up in prison. A kind neighbour brought the boy a puppy to help him adjust. When his Dad returned from prison, he saw how much his son loved the puppy and in order to re-instate his authority, on his first day home he broke the dog’s neck, in front of his son, and threw him over the balcony of the flat complex. The following day the boy attacked his teacher in school. On foot of Mary’s advocacy, the boy was allowed to stay in school and Mary has continued to support him. A few years later, this same young boy was the victim of a horrific attack. A rival criminal gang petrol-bombed the boy’s family home. He, his mother and sister suffered horrific injuries. They spent months recovering in ICU. Mary was abroad at the time, with the Irish Youth Foundation, taking part in a fundraising challenge. She flew straight home to support the boy and his family. Last year, Mary spoke at one of our fundraising events and told us this story. The same young boy had just completed his Junior Cert Maths paper and had phoned Mary to tell her it had gone well. He is on track to complete his post primary education and hopefully go on to 3rd level education. All over Ireland, Youth Workers like Mary are advocating on behalf of lost young people every day. Note: Names and minor details have been changed to protect identities.  

In Irish news, the Irish Fiscal Advisory Council has published a paper on the impact of US tariffs and policy changes, and the Department of Finance published the Finance (Tax Appeals and Fiscal Responsibility) Bill 2024. In UK news today, the first batch of Making Tax Digital mandation letters have been issued and HMRC has asked us to share news about a change to their GOV.UK sign in screen page. In International news this week, EU finance ministers agree to abolish the €150 customs duty threshold on goods entering the EU. Ireland 1. The Irish Fiscal Advisory Council published an analytical note last week examining the potential impact of US tariffs and other policy changes on Irish corporation tax receipts. 2. The Department of Finance published the Finance (Tax Appeals and Fiscal Responsibility) Bill 2024 which includes a proposal to reconsider tax appeals being held in camera. UK 3. HMRC has issued the first batch of letters to relevant taxpayers outlining the mandatory Making Tax Digital (MTD) for income tax obligations. 4. Read about a change to HMRC’s sign in page which introduces an additional option: GOV.UK One login. International 5. Read about the decision of EU finance ministers to abolish the €150 customs duty threshold on goods entering the EU. Keep up to date with all the latest Irish, UK, and international tax developments through Chartered Accountants Ireland’s Tax Newsletter. Subscribe to the Tax News by updating your preferences in MyAccount. You can also read this week’s Cross-border developments and trading corner here.

The second six-monthly SME Business Sentiment Survey from Chartered Accountants Ireland and GRID Finance has found that 60% of businesses have been impacted by global trade tensions and tariffs. The survey measures and tracks the experience, confidence and sentiment of SMEs, including small accounting practices, doing business in Ireland. The inaugural survey took place in April 2025.  Businesses more prepared for trade tensions and tariffs  Despite uncertainty in global trade and tariffs, the proportion of businesses unprepared for related disruptions has fallen from 36% to 23% in the past six months - suggesting growing resilience. Business members in particular feel better equipped to manage these issues, rising to 25% now compared to just 15% in April. The effects of Brexit continue to be felt with 41% of respondents reporting that it had a negative impact on their business.  Cróna Clohisey, Director of Members and Advocacy, Chartered Accountants Ireland said: “The findings highlight both the resilience and the pressures facing SMEs. While more businesses are now prepared for global trade disruptions, the environment remains volatile and demands continued vigilance. Our members are uniquely positioned to help businesses plan, adapt, and thrive amid these challenges, offering the trusted guidance and expertise needed to build long-term resilience. “Encouragingly, nearly a third of members (32%) report business profitability has increased in the last 6 months, an improvement on April’s findings. One in three also believe that their business will be better off in the next 12 months, up 5% from the previous survey.”  Cost pressures continue to bite The survey found that business costs are continuing to increase for the vast majority (79%) of SMEs. Small businesses remain under pressure from rising labour costs, which nearly two-fifths identify as their greatest financial challenge. This is followed by rising operational costs (30%) and regulatory compliance costs (12%). Not only are costs a financial challenge to businesses, they are viewed as the biggest competitiveness challenge faced by SMEs at 45%. This is followed by salary demands and talent pipeline/shortages. Countdown to auto-enrolment Almost two-thirds (64%) of businesses indicate that they are prepared for the pension auto-enrolment start date of 1 January. The findings reveal that business size is a significant factor in how companies prepare for this new scheme. Those with 50+ employees are more likely to budget for increased costs and expand their existing occupational pension schemes at 53% and 49% respectively compared to 32% and 33% for organisations with fewer than 50 employees.  Clohisey continued “Businesses are taking steps to ready themselves with almost 60% having attended an information session, but only 39% have budgeted for increased costs related to the scheme. Smaller firms will need additional support to manage the costs and administrative burden this reform will bring. Continued government support will be vital to ensure no business is left behind." Eoin Christian, CEO, GRID Finance said: “The November survey findings highlight the views of small businesses across a range of critical issues and clearly illustrate the challenges they continue to face. Chief among these are rising costs related to staffing, day-to-day operations and regulatory compliance. When combined with an uncertain global trading environment, these pressures make it more important than ever for small organisations to closely assess their operations and future cash-flow requirements. “With almost one-fifth of respondents reporting increased demand for borrowing, and nearly one-third applying for government supports, it is evident that businesses are actively seeking financial assistance — both from the State and from specialist finance providers such as GRID Finance.” You can read the survey in full here. About the SME Business Sentiment Survey The SME Business Sentiment Survey is conducted by Chartered Accountants Ireland and GRID Finance, the Institute’s Official Independent Lender Partner. This survey was conducted by Coyne Research between 2 and 19 October 2025 and will be repeated every six months. Approximately 300 members were surveyed from organisations employing fewer than 250 people.   About GRID Finance GRID Finance is dedicated to providing accessible and sustainable financing solutions to small and medium-sized businesses. With a deep understanding of the needs of Irish SMEs, GRID Finance offers a range of financial products and services designed to support growth, resilience, and long-term success. Social Impact and B-Corp Accreditation As a Certified B Corporation, GRID Finance meets the highest standards of social and environmental impact. With an overall B Impact Score of 127.9, significantly higher than the median score of 50.9 for ordinary businesses, GRID Finance is committed to continuous improvement and leading the transformation of the global economic system.      

Each year, November is a significance moment for men’s health and wellbeing. Movember, known best for encouraging men to grow moustaches to raise money and awareness for health issues, has become a cultural phenomenon. And International Men’s Day on November 19th provides another vital opportunity to highlight the challenges faced by men across the globe. In Ireland, where conversations around mental health have advanced significantly in the last decade, November offers a powerful moment to reflect, advocate, and take action for men’s wellbeing. The Mental Health Landscape Ireland has taken major strides in addressing mental health openly, yet men still face unique obstacles. Research consistently shows that men are statistically less likely than women to seek mental health support, despite facing high levels of mental health risks. Suicide rates among Irish men remain significantly higher than those among women, with young men particularly vulnerable. In many rural communities, challenges are intensified. Isolation, economic uncertainty, and limited access to services can all contribute to mental distress. For others, financial pressure, housing insecurity, and workplace stress often play major roles. Across all demographics, stigma is still a hurdle. Many men grow up internalising the message that expressing emotional vulnerability is a weakness. Movember and International Men’s Day challenge that narrative with a louder and more hopeful message- asking for help is a sign of strength, and mental health deserves just as much care as physical wellbeing. Proactive Steps Ireland has changed dramatically in its openness to mental health, but change must continue. One of the greatest barriers men face is silence. Many Irish men still feel they must cope alone, whether because they fear burdening others, don’t want to appear weak, or don’t recognise their own struggles as legitimate.  Asking a friend, colleague, or brother how he is doing can be the difference between coping and crisis. Encouraging emotional expression in boys is just as important. Schools across Ireland have begun teaching emotional resilience, empathy, and communication skills. Supporting boys to express their feelings without judgement sets a foundation for mentally healthier men in the future. This November, each of us can play a part in creating a healthier future for both ourselves and the men of Ireland: Check in with the men in your life. Encourage emotional honesty in conversations with boys and young men. Know the signs - Learn to recognise symptoms of stress, depression, and suicidal thoughts. Stay active - Exercise and outdoor time boost mental wellbeing. Limit alcohol – Alcohol is a depressant and can disrupts the balance of chemicals in your brain, such as serotonin and dopamine. Visit your GP - Schedule a medical, arrange a blood test and engage in screening services and programmes Reach out for support - whether it’s a GP, counsellor or trusted friend or family Challenge harmful stereotypes that suggest men must “tough it out”. Importance of Initiatives While Movember may be best known for sprouting a moustaches, the movement’s impact extends far beyond the hairy exterior. Movember has grown into one of the world’s largest men’s health campaigns, supporting programmes in mental health, suicide prevention, prostate cancer, and testicular cancer. International Men’s Day also helps widening the conversation. It focuses not only on health but also on men’s social roles, identity, and emotional lives. The theme often emphasises creating positive role models, improving gender relations, celebrating contributions men make to families and communities, and addressing the challenges they face. It encourages reflection on how society raises, supports, and understands men. This culture shift is crucial. When everyday conversations include mental wellbeing as openly as sport, weather, or work, men who are struggling become more likely to speak up and seek help. If you are struggling with your mental or emotional wellbeing, Thrive can help you on your journey to better health. For wellbeing advice, contact the team by email at: thrive@charteredaccountants.ie or by phone: (+353) 86 0243294. Movember Webinar: From Self-Care to Peak Performance: A Conversation That Matters In support of Movember, join the ACA professional for an inspiring conversation on mental health and its impact on careers, relationships, and success. This webinar explores practical strategies for maintaining wellbeing and achieving peak performance, featuring insights from world-class performers, leaders, and athletes. Book your spot here: From Self-Care to Peak Performance: A Conversation That Matters - ..rteredaccountants.ie

Institute CEO Rosemary Keogh has responded to today's announcement that Paschal Donohoe is to step down as Minister for Finance to take up a role as senior managing director and chief knowledge officer at the World Bank. Commenting on the announcement, Rosemary Keogh said: "Chartered Accountants Ireland commends Paschal Donohoe for his exceptional service as Minister for Finance, and President of the Eurogroup. His steady leadership at national and European level through Brexit, the pandemic, and global economic challenges has been instrumental in safeguarding Ireland’s fiscal stability and reputation internationally.    Paschal’s collaborative approach and commitment to prudent financial management have strengthened Ireland’s position at the heart of global economic policy. We wish him every success in his new role at The World Bank, where his expertise will continue to make a global impact. We congratulate Minister Simon Harris on his appointment as Minister for Finance and we look forward to continuing our close and positive engagement with him and his officials."