Session 1: Aidan Clifford - Managing and marketing an Accounting Practice

• Practice valuations
• The future of SMPs and strategies for success
• Drop or keep audit registration
• Incorporation or not

An accounting practice is often one of the largest assets a practitioner owns.  The value of this asset changes over time and can often decreases as the practitioner reaches retirement.  This course is to provide practitioners with some suggestions on maintaining and increasing the practices value over time.  Consideration will also be given to some practice management issues such as practice incorporation and the choice of continuing to hold statutory audit status or not and the implications for dropping or keeping statutory audit status.

Session 2: Patrick D’Arcy: Anti-money laundering procedures in a professional practice

• Individuals seeking to gain insight and understanding of the current anti-money laundering legislation and how it impacts on the accounting professional;
• Professionals involved in practice that require an overview of AML issues identified from real life cases;
• Support staff involved in take-on procedures with new clients;
• People seeking to gain a greater understanding of the required anti-money laundering procedures, and
• Seeking information and approach to be adopted as what steps to take when issues of concern are suspected and/or identified in relation to AML matters.

Session 3: John McCarthy - The introduction of the Micro Entities (FRS 105) Regime in Ireland.

• Introduction and context – we will explore how an entity qualifies as Micro and examine those entities that may not qualify
• Application and size criteria – Comparison chart showing FRS 102 v FRS 102 Section 1A and FRS 105
• Simplifications from full GAAP – delegates will get a template set of accounts under FRS 105
• Application in practice – look at the pros and cons of adopting this optional standard

Session 4: Tom Murray: Liquidation, receivership and examinership under 2014 Act

Whilst the well documented recession is over, for a variety reasons including geographical and sectoral, many Companies continue to face insolvency.

With ongoing concerns about the availability of working capital for the SME sector and the unknown impact of Brexit, this session is a timey update of the changes to Corporate Insolvency Law in the 2014 Companies Act and the practical implication of it since it was enacted.  This course will be of interest to advisors, directors and insolvency practitioners.

Topics include:

• The role and duties of the auditor or accountant pre and post insolvency
• Duties of directors  of companies placed into receivership or liquidationOwnership of books and records and access to same by liquidator or receiver manager
• Remuneration of the Liquidator
• Role of the Committee of Inspection
• The exercise of powers by the Liquidator
• Unfair preference
• Disposal of books and records