The Essentials Advisors Mix 2024
Registering for The Essential Advisors’ Mix at CPD Fest 2024 couldn’t be more straightforward. We have three packages for you to choose from – 8 hours, 16 hours and 24 hours of CPD – allowing you to customise the event to your own specific needs. Once purchased, pick ‘n’ mix the topics of most interest and relevance to you from any of the sessions running across the week of CPD Fest 2024.
CPD Fest Packages:
The 12 Gifts Of CPD Fest
Over the coming weeks we are going to give you advance access to hugely valuable extracts from the note packs The CPD Fest & The Essential Advisors’ Mix.
With The 12 Gifts of CPD Fest you will get guides, financial statements, checklists, tools, tax papers, letters of engagement and reports all the way up to and including the kitchen sink!
Registration for The 12 Gifts Of CPD Fest is free, quick and straight forward and you can do so here:
Event Details:
Session 1: A Review Tax Appeal Cases Relevant to Most Practices in the Last Year
Time: 09:00 – 10:40
Speaker: John Murphy, Lisa Cosgrave – OmniPro Tax and Legal
In Part 1 of this session John Murphy will cover the following topics:
- A Review of Tax Appeal Cases Relevant to Most Practices in the Last Year
- Debt write-offs and taxability – A review of Section 87 TCA. When is a debt write off taxable. The write off of a loan connected to property – a win for the taxpayer.
- The sale of goodwill to connected persons and the importance of following valuation rules.
- Payments from the Company deemed to be salary/dividend in the absence of evidence – A win for the taxpayer and one that could be used as a basis to defend Revenue’s stance, but availability of evidence is key.
- Other sundry tax appeal reminders.
- A review of the changes to agricultural relief and importance of some farmers/landowners taking action before 1 January 2025.
- A recap of actions companies can take to reduce the tax prior to yearend.
- A recap on CGT losses and loss restrictions.
- Revenue interventions – what are the key and common area’s we are hearing Revenue are looking at from discussions with practitioners around the country.
- Sole trader – VAT and death – Practitioners need to be aware of it.
In Part 2 of this session, Lisa Cosgrave will cover the following topics:
- Common Queries that cross our desks across all tax heads including:
- Distributions s117 to s126.
- Relevant disclosures in the Financial Statements.
- General Duties of Directors s223 to s235.
- Reporting obligations of the Auditor where the Companies Acts have not been complied with.
- Sub Item 1.2
Course level: Intermediate
Session 2: Company Law - Key Focus Areas
Time: 11:00 – 12:40
Speaker: Elaine Jackson – OmniPro Practice Support
In this session Elaine Jackson will cover the following topics:
- Distributions s117 to s126
- Relevant disclosures in the Financial Statements.
- General Duties of Directors s223 to s235.
- Reporting obligations of the Auditor where the Companies Acts have not been complied with.
Course level: Intermediate
Session 3 - From Start to Finish: Navigating Company Formation and Winding Up under Irish Law
Time: 13:40 – 15:20
Speaker: Sinead Gortland – OmniPro Corporate Consultants
Join Sinead Gortland for an insightful webinar that covers the entire lifecycle of a company, from formation to dissolution. This session is designed for those looking to understand the legal landscape of company secretarial duties in Ireland.
What You Will Learn:
- Company Formation:
- Legal Requirements: Discover the essential steps to set up a company under Irish law.
- Choosing a Name: Get tips on selecting a compliant and effective company name.
- Constitution Options: Understand the differences between a standard constitution and a bespoke constitution.
- Voluntary Strike Offs:
- Step-by-Step Process: Learn how to successfully strike off a company you no longer need.
- Involuntary Strike Offs: Review the circumstances and implications of involuntary strike offs.
- Options After Being Struck Off:
- Administrative Restoration: Explore the process for reinstating your company through administrative channels.
- High Court Restorations: Understand the steps involved in restoring a company through the High Court.
Course level: Intermediate
Session 4: Financial Reporting: Preparing for 2025
Time: 15:40 – 17:20
Speaker: Lindsay Webber – OmniPro Practice Support
Stay ahead of the curve with our comprehensive webinar on the latest financial reporting standards and practical implementation guidance. In this session we will cover the upcoming changes to FRS 102 and FRS 105 and how these may impact you and your clients. We will also do a review of real life financial statements and discuss some of the topical issues facing accountants in 2025.
Lindsay Webber will cover the following topics during this webinar:
- Upcoming changes under FRS 102 and FRS 105
- Leases
- Revenue
- Transition arrangements
- Review of real-life financial statements
Course level: Intermediate
Session 5: Financial Reporting: Preparing for 2024 – Part 1 & 2
Time: 15:40 – 17:20
Speaker: Lindsay Webber – OmniPro Practice Support
Financial reporting is the cornerstone of the accounting profession, and staying informed about the latest updates and emerging topics is crucial for success. Join our highly anticipated webinar and gain valuable insights into the changes and trends accountants need to know for the upcoming year.
In this session Lindsay Webber will cover the following topics,
- An update on FRED 82 – changes coming to FRS 102 and FRS 105
- Updates to the Solicitors Accounting Regulations
- Sustainability reporting
- Consolidations – exemptions and filing options
- Practical review of financial statements.
By attending this session delegates will get the latest updates on accounting standards and financial reporting practices.
This session will be of particular interest to Preparers of Financial Statements.
Course Level: Intermediate
CPD Course Speakers
John Murphy - OmniPro Tax & Legal
As a lead member of our technical support team, John relishes problem-solving to help accountants develop innovative client solutions and sharing his technical knowledge on tax, financial reporting and auditing.
A Chartered Tax Adviser, he advises clients in practice on a range of issues from income tax, tax planning, restructuring to exit planning. In addition, he provides support on financial reporting, auditing and company law; conducts company valuations and advises on pre-sale restructuring.
John also plays a key role as a researcher and subject-matter expert in developing OmniPro information products such as the CompaniesAct2014.com and FRS102.com. As a speaker at OmniPro CPD events, he brings these industry-leading insights to accountants participating in our training programmes.
As a Chartered Accountant, John has over a decade’s Big 4 experience with EY and PwC, providing tax and audit services for a portfolio of clients, ranging in scale from SMEs to multinationals.
Lisa Cosgrave - OmniPro Tax & Legal
Lisa is a key member of our tax technical support team, providing advice on all tax heads in response to queries submitted. In addition, she provides support within the tax department on company/business valuations, tax planning, restructuring and exit planning solutions for a range of clients, liquidations, and company secretarial issues. She also has experience in financial reporting and audit.
A Chartered Certified Accountant and Chartered Tax Advisor, Lisa trained and worked in practice for six years prior to joining OmniPro, where she gained experience in financial reporting, tax compliance across all tax heads and audit. She has experience with a range of small and medium sized businesses assisting them with their financial reporting obligations and tax compliance across all areas.
Sinead Gortland - OmniPro Corporate Consultants
Sinead is a key member of the OmniPro Corporate Consultants Technical Support team providing advice and support in relation to Company Law and Company Secretarial procedures.
In addition, Sinead is responsible for carrying out Section 343 applications to the District Court, Company Restorations, Annual Compliance, Company Conversions and Company Law Compliance.
Sinead joined OmniPro in 2016 and quickly became an integral member of our Company Secretarial team. She started off her career in OmniPro as part of our Company Formations team building up her experience and knowledge before eventually moving into Company Secretarial.
Sinead has a Masters Degree from Maynooth University.
Elaine Jackson - OmniPro Practice Support
As a member of our Practice Support team, Elaine’s focus is on providing firm’s with assistance and training in the following areas; Anti-Money Laundering, Audit Testing and Walk Through Procedures, Audit Planning and Efficiency, OmniPro Audit Working Paper Demos, Preparing for Monitoring Visits and Post Monitoring Visit follow-ups.
Elaine has over 15 years Accountancy Practice experience which has provided her with a wealth of knowledge across all industries and sectors. Elaine is an AITI Chartered Tax Advisor, a Certified Public Accountant and holds a Diploma in Corporate Finance.
In her previous roles, Elaine has experienced a number of ACA and ACCA monitoring reviews. This experience has provided Elaine with a great understanding and appreciation for the challenges facing Accountants in practice today.
Colm Owens - OmniPro Practice Support
As a member of our Practice Support team, Colm’s focus is on helping practices achieve on-going best practice compliance, prepare for monitoring visits and assist with post-monitoring visits follow-ups.
Having spent the 6 years prior to joining OmniPro as a quality reviewer with Chartered Accountants Ireland Colm has a unique insight into how firms operate, the challenges facing firms and how firms are responding to current issues facing them and the profession.
Lindsay Webber - OmniPro Practice Support
As a member of our Practice Support team, Lindsay’s focus is on helping practices achieve on-going best practice compliance, prepare for monitoring visits and assist with post-monitoring visits follow-ups.
Lindsay is a qualified Chartered Accountant and trained with KPMG in Johannesburg. She has over six years external audit experience along with over six years academic experience specialising in Audit and Financial Accounting.
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