Going into Practice

Summary

This course helps members to take that first step into practice. It covers the basics of compliance and what you need to do to make a success of a practice. Members are advised of the pitfalls and given insights and valuable tips including a presentation by a practitioner on his or her practice story.

Venue details:  
Chartered Accountants House, 47-49 Pearse Street, Dublin
Start date & time:  
09 June 2020 09:30
End date & time:  
09 June 2020 17:00
Price:  
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
7.00
Speaker details
No speakers have been associated with this event.

Description

Product type:  
CPD course
Category:  
Audit and assurance, Practice and business improvement

Who should attend

Any member going into practice is obliged to attend this course in the year before or after obtaining their practising certificate. The course is primarily focused on the needs of members starting their own practices or being admitted as partners in small and mediums sized practices, in Northern Ireland and the Republic of Ireland.

Course overview

  • Basics of going into practice
  • Practice Regulation
  • PII claims and how to avoid them
  • A practitioner's story
  • Practice Management and Development

Key learning outcomes

By the end of this course, participant will be able to:

  • Understand the basics of practice compliance, including when you need a practising certificate
  • Appreciate what should be included in a practice business plan
  • Know what causes most practice claims and how to avoid them
  • Develop an understanding of what makes a successful practice and what pitfalls to avoid
  • Understand the key business drivers of practice and how to begin to market the practice.

Speaker Bios

Conal Kennedy

Conal is Head of Practice Consulting in Chartered Accountants Ireland. He and his team provide advice and support to practices throughout Ireland, and publish a range of practice toolkits covering audit, accounting and compliance. Over a ten year period in Practice Consulting, Conal has coached and advised many practices through major change events such as mergers, acquisitions and retirements. He has also advised on practice development and marketing.

Jeremy Twomey

Jeremy in his role as Practice Consulting Manager works to support our member practitioners across our service areas, with a particular focus on compliance support, training and our associated advisory services. Jeremy is a Fellow of the Institute, having trained with Ernst & Young; he has held senior management positions across both financial and professional services, as well as the public sector.

Eamonn Leahy

Eamonn Leahy qualified as a chartered accountant in 1982 and as an associate of the Institute of Taxation of Ireland in 1986. He founded his firm, Leahy O'Riordan in the same year. Eamonn looks after insolvency matters for companies/individuals and issues around practice management for those clients engaged in the delivery of professional services. He is a long-standing member of the Members in Practice Committee of Chartered Accountants Ireland, and is also the Consultative Committee of Accountancy Bodies representative on CROLink, the Companies Office liaison group for users.

Martin Adams

In his role as Special Risks Director at Arachas Corporate Brokers, Martin specialises in providing Professional Indemnity Insurance, Insolvency Insurance for distressed businesses and Risk/Cyber Insurance.