Accounting for Government Support Schemes (ROI)

Summary

Hosted by the Institute's Practice Consulting team, this one-hour update will focus on the key issues when accounting for the different wage subsidy schemes, as well as other COVID-19 related government supports for businesses in the Republic of Ireland.

Venue details:  
Webinar, ,
Start date & time:  
11 February 2021 10:00
End date & time:  
11 February 2021 11:00
Price:  
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
1.00 Training Tickets accepted
CPD hours:  
1.00
Speaker details
First nameLast name
Conal Kennedy
Jeremy Twomey

Description

Product type:  
CPD course
Category:  
Practice and business improvement

Format

This course will be delivered via Zoom on Thursday 11 February 2021 from 10am to11am,The Zoom link will be emailed to participants the day before the course is due to take place.

Who should attend

This course is suitable for accountants, and other business professionals, both working in business and those from small and mid-sized practices from across the Republic of Ireland.

Course overview

The Chartered Accountants Ireland Practice Consulting team will address the following issues during this hour-long update:

  • What to consider when selecting the accounting treatment for the different wage subsidy schemes that have been in place in the Republic of Ireland since the onset of the COVID-19 crisis last Spring, such as the Temporary Wage Subsidy Scheme (TWSS) and the current Employment Wage Subsidy Scheme (EWSS).
  • Accounting for the Government Business Supports put in place as a response to this crisis, such as the Revenue Tax Debts Warehousing Scheme and the different grants, loans and rebate schemes offered.

Key learning outcomes

Have an improved understanding of the key issues when accounting for the different wage subsidy schemes, as well as other COVID-19 related government supports for businesses in the Republic of Ireland.

Speakers

Conal Kennedy - FCA 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 14 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 Towmey 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.