Engagement with US based members and stakeholders

President Sinead Donovan, Deputy President Barry Doyle and Vice President Pamela McCreedy held a series of engagements this week in New York and Washington DC, with members and key stakeholders. With St Patrick’s Day approaching, this time of year provides an invaluable opportunity for the Institute to represent members and the interests of the profession at the highest levels with policy makers and business leaders from across the island of Ireland and the United States.    

Against the backdrop of a new global minimum corporation tax rate from 2024, and stiff competition for investment, chartered accountants will continue to play a key role on both sides of the Atlantic driving and servicing the well-established, mutually beneficial two-way flow of investment for Ireland’s economies North and South. As part of that, at the Ireland Inc event, the Institute’s officers had the opportunity to brief US Special Envoy for Northern Ireland Joe Kennedy on the contribution of the profession and our commitment to supporting continued investment and prosperity.   

The team also took the opportunity to discuss future collaboration with colleagues in our professional network, with whom strong and enduring relationships have been built over many years, including the International Federation of Accountants (IFAC), AICPA, and Chartered Accountants Worldwide (CAW). Topics discussed included the enhancement of mutual recognition of qualifications and the need to continue work to position members to lead on sustainability reporting. This collective voice is invaluable in continuing to help our profession to grow and further develop meaningful economic and societal impact.   

The US remains a destination of choice for Irish ACAs and the officer group hosted a networking event at the Consulate General of Ireland, New York together with Deputy Consul General, Gareth Hargadon. Over 100 members and business leaders gathered: many thanks to Gareth and his team for their hospitality, and Gareth’s remarks on the important contribution of Ireland’s chartered accountants locally.  

The insights gleaned on the trip will be put into action in the coming weeks and months, and we will update members further.