Format
This session will be delivered via Zoom
on Wednesday, 26 November from 2pm
to 5.30pm. 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 requirements
- Reporting to the Law Society of Ireland and their
expectations at this time; and
How best to use the Institute Solicitors
Accounts Regulations Toolkit and other guidance materials available in this
area.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 regulations
over recent years
- 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 18 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
Note for Legacy CPA Members
Members who joined Chartered Accountants Ireland following 1 September 2024,
please continue to book on the CPA Portal here to ensure you receive your membership
discount