Format
This full day course will be delivered via Zoom on Friday 29 September 2023 from 9.30am to 5.30pm. The Zoom link will be emailed to participants the day before the course is due to take place.
The online interactive live sessions will utilise the
functionality of our online learning platform and will be an engaging,
collaborative manner of learning. This session will not be recorded, and
therefore attendance is required.
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
This interactive course will encompass a full day's worth of learning. Interaction with the speakers is encouraged, allowing you to ask the questions that matter to you. Some of the key topics that we will cover over the day include:
- The Basics of Going into Practice, including the pitfalls to avoid when starting out on your practice journey;
- The fundamentals of Practice Regulation that you need to know;
- Leading practitioner Eamonn Leahy of Leahy O'Riordan Chartered Accountants sharing his/her story of what it takes to succeed in practice;
- An overview of the Professional Indemnity Insurance (PII) market from Martin Flanagan of Arachas ; and
- An overview of 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 insurance 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 your 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
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 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 - FCA, AITIEamonn
qualified as a Chartered Accountant in 1982 and as an associate of the Irish Tax
Institute in 1986, the same year he founded his firm Leahy O’Riordan Chartered
Accountants.
Eamonn specialises in insolvency matters for
companies/individuals, as well as issues around practice management for those
clients engaged in the delivery of professional services.
He is a former long-standing member of the Institute
Members in Practice Committee, and has acted as an examiner in previous years
for the final tax examinations of Chartered Accountants Ireland, in addition to
assisting in the delivery of the Institute Diploma Course for
Insolvency.
Contact us
If you have any questions regarding this or any other CPD course or
requirements, please feel free to contact the team here or call us at(+353) 01 523 3930