Format
This 3.5 hour session will be delivered via Zoom on Thursday 23
May from 9.30am to 13:00pm. 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 primarily for accountants in practice who act as the
reporting accountant for solicitors in the Republic of Ireland.
Course overview
Topics to be covered during this focused session will include:
- Summary of the reporting accountant’s responsibilities in relation to
their solicitor clients
- Key risks associated with these assignments and the common errors in
conducting such assurance engagements
- Key changes introduced in the Solicitors Accounts Regulations 2023 and how
these impact the work of accountants reporting under these new
requirements
- Reporting to the Law Society of Ireland and their expectations at this
time
- How best to use the updated Institute Solicitors Accounts Regulations
Toolkit.
Key Learning Outcomes
By the end of this course, participants will be able to:
- Better understand the reporting accountant’s responsibilities for these
clients and what has changed with the new regulations
- Be better equipped to prepare a compliant file
- Avoid common mistakes
- Develop an approach to tackling such regulated clients generally
Speaker Bios
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 16 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 FCA - 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.
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