Introducing Per-Minute-CPD™
Per-Minute-CPD™ is now available on CPDStore.ie, this revolutionary feature allows you to get the CPD you need not only by attending webinars and watching Video on Demand content but by reading blogs too! What is Per-Minute-CPD™? Per-Minute-CPD ™ allows you to do CPD in smaller chunks, in a way that works for you. How does it work? Per-Minute-CPD ™ allows you to do CPD on...
VAT Implications of Providing Services to Other Countries
What are the VAT implications of providing a training service to another EU country where ...
New CORE Requirements for June 2023
On Sunday 11th June, the CORE platform will be introducing the requirement for Personal Pu...
Navigating the Annual Requirements for ISQM1
The International Standard on Quality Management (ISQM) 1 is a crucial tool for accounting...
Understanding the Criteria for Audit Exemption for Small Companies
The audit exemption for small companies is a provision in the Company's Act that allows ce...
A Synopsis of an Allotment of Shares
The allotment of shares plays a crucial role in the growth and development of companies. U...
Public Audit Register – Your Obligations
As required by company law and the Institute’s Audit Regulations (ICAI), audit firms must ...
How is Income in the Hands of a Beneficiary of a Discretionary Trust Taxed?
Where the trustees have the power to accumulate income, they are subject to income tax whi...
Help! What to Do When You Suspect Fraud
As an accountant, encountering suspected fraud during an audit can be a challenging and de...
Anti-Money Laundering Tools, Tips and Tricks
In today's global economy, financial institutions, firm and business owners cannot ignore ...
A Review of the Voluntary Strike Off Process
Under the Companies Act 2014 all companies registered in Ireland have statutory duties and...
Latest Updates for PPSN for Directors – New Deadline Announced
The Companies Registration Office paused the requirement for PPSN’s disclosure was due to ...
Financial Statement Presentation: The Importance of Going Concern
In the world of financial reporting, the concept of going concern plays a crucial role in ...
Case Study – Re-Organisation Prior to a Sale of a Business
In this blog post, John Murphy, Director/Partner of OmniPro Tax and Legal Limited, Charter...
Consolidation of Group Companies
Consolidation of group companies is a process that involves combining the financial statem...
What is Required to be Filed to Incorporate a Company?
To incorporate a company in Ireland, a Form A1 (online only) must be completed with the CR...
The Criteria You Should Know for Audit Approval
In order for Recognised Accountancy Bodies (RABs) to approve firms and individuals to carr...
RBO Update – BEN2 Forms to cease
To coincide with the introduction of Verified Identification Numbers (VIN) for Company Dir...
Living Outside of the Gap
How do you feel when you have made clear, visible and measurable progress on something? ...
Do I need a Company Register?
What is a Statutory Company Register? Irish Law requires all companies to maintain certai...
Financial Reporting and Government Grants: A Focus on Property
In this article, we will take a look at government grants and how they are a critical aspe...
Focus On Pension Schemes: Defined Contribution and Defined Benefit
Pension schemes are an essential part of retirement planning, providing financial security...
PPSN for Directors - What if I do not have PPSN?
The CRO has announced that the requirement for PPSN’s disclosure will come into force from...
Confessions of a Serial Acquirer
Back in 2021, an accounting firm owner decided to go down the route of acquisition as a st...
Understanding the Most Common Exemptions of Capital Acquisition Tax (CAT)
Capital Acquisition Tax (CAT) is a tax levied on the monetary value of gifts and inheritan...
New CRO Requirements for Personal Public Service Numbers (PPSNs)
What is changing? The CRO has announced that the requirement for PPSN’s disclosure will c...
Seven Steps to Creating a Built to Sell Accounting Firm
The Built-to-Sell strategy is universal because whether you intend to sell in the short te...
The Disclosure Dilemma: Are Clients Required to Reveal Non-Financial Convictions to Their Accountants?
As the world of accounting continues to evolve, accounting professionals and other designa...
Fraudulent Financial Reporting and Misappropriation of Assets
Detecting and preventing fraud is a crucial aspect of ensuring the financial health of an ...
Filing Your Annual Return Form B1 and What to Look Out For
Chapter 13 of the Companies Act 2014 sets out the obligations in relation to filing a Comp...
New CRO Requirements for PPSNs – How to Prepare
What is changing? Section 35 of The Companies Corporate Enforcement Act (2021) which ha...
Dwelling House Exemption
The below article is a follow-up from Inheritance and Tax - A Recent Query. Can the dwe...
Lessons to Learn from a Recent Tax Appeal Determination
This Case resolved around the incorporation of a farm business to a company. It is case nu...
The Real Blocker to Progress in Your Business
As firm owners, we know what we should do to make our businesses more profitable and less ...
Section 343(5) Application to the District Court to Extend Your Annual Return
A company may seek to apply for an extension on its Annual Return if they have a reasonabl...
Tackling the Clients That Are No Longer Right for your Business
As an accounting business owner, it is important to understand that the clients you attrac...
Inheritance and Tax - A Recent Query
A client died intestate and the child is now entitled to 1/3 of the dwelling house, how ca...
Section 27 FRS 102
Are you an auditor or accountant looking to stay up-to-date on the latest financial report...
What You Need to Know About Enhanced Customer Due Diligence and AML
Enhanced Customer Due Diligence is a process of verifying the identity of customers and as...
How to Identify a Beneficial Owner – RBO
The European Union (Anti-Money Laundering: Beneficial Ownership of Corporate Entities) Reg...
Updates from the Corporate Enforcement Authority Act 2021 that will affect your 2023 AGM
The Corporate Enforcement Authority Act 2021 was signed into law on 22 December 2021 with ...
OmniPro Connext
OmniPro has been helping accountants buy, sell and merge firms for almost 20 years. During...
RBO Updates for 2023 & Changes to how Designated Persons access the platform
There were significant changes in 2022 to the RBO, we’re going to take a look at these cha...
Artist Exemption – A Review of a Tax Appeal Case
‘What is the attraction of tax appeal cases?’ You may find yourself asking as you see yet ...
ISQM2, ISA 220 and ISA 600
ISQM2, or International Standard on Quality Management 2, deals with the engagement qualit...
ISQM1
ISQM1, or International Standard on Quality Management 1 comprises of quality management f...
Component Accounting
FRS 102 section 17 requires that all fixed assets are depreciated using a method that “ref...
Register of Overseas Entities – The New Companies House Requirement
Following the publication of the Economic Crime (Transparency and Enforcement) Act 2022 in...
Updates from the Corporate Enforcement Authority Act 2021 that will affect your AGM
The Corporate Enforcement Authority Act 2021 was signed into law on 22 December 2021 with ...
Posting Impairment Charges
Posting impairment charges When management has established the recoverable value of an as...
Impact Reporting - Telling a Charity's Story
Ireland’s charity sector comprises over 11,000[1] organisations working in many areas and ...
Calculating Recoverable Values
As detailed in sections 27.11 to 27.13 of FRS 102, where one method shows the recoverable ...
Assessing Whether an Impairment is Required
The directors of a company are required to assess, at each balance sheet date, whether the...
Valuable Tax Efficient Employee Benefits
With cost-of-living increases, employees are looking for pay increases which employers may...
Tax Relief on Medical Expenses
A very common conversation that we have with clients is that they have to spend a huge amo...
The Value of Psychological Safety for Businesses
Handling remote teams, new working practices, employee anxiety and ever-evolving regulatio...
