The Industry Accountants Update
Registering for CPD Fest 2023 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 2023.
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 - Corporate Tax - Back to Basics and What You Need to Know
Time: 09:00 – 10:40
Speaker: Morna Canty-Ahern – Brass Tax Consultancy
This session will focus on combining the basic concept of corporation tax with a renew focused on legislative changes impacting corporation tax. The session will explore the new minimum corporation tax rate and the impact on business as well as exchequer receipts. The interaction of reliefs and credits on the CT return as well as administrative deadlines.
Morna Canty-Ahern will cover the following topics during this session:
- Corporation Tax Basic – Refresher
- Recent Case Law
- Corporation tax – The fundamental considerations
- Corporation Tax reliefs
- The future of Corporation Tax
By attending this session, you will refresh knowledge of corporation tax and understand the changes which impacts the future of corporation tax.
This session will be of particular interest to Tax advisers.
Course Level: Intermediate
Session 2 - Tax Appeals – Influencing Decision Makers
Time: 11:00 – 12:40
Speaker: Conor Kennedy – EY Law Ireland
In this session Conor Kennedy will cover the following topics
- The tax appeals process
- Structuring the Notice of Appeal, its importance, the time limits, and the costly mistakes that a practitioner can make.
- An understanding on how to present a client’s case.
- The revenue assessment evidence and the crucial role it plays.
- The role bias can play in the decisions of tribunals and courts and how to address those biases.
By attending this session, you will have a greater understanding of the tax appeals process,
This session will be of most interest to tax advisers and business owners.
Course level: Intermediate
Session 3 - FRS 102 Changes to Look Forward to in 2024
Time: 13:40 – 15:20
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 and Elaine will cover the following topics;
- An update on FRED 82 – changes coming to FRS 102 and FRS 105
- Sustainability reporting
- Cash flow statements
- Consolidations – regulations, 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 most interest to Prepares of Financial Statements
Course level: Intermediate
Session 4 - Part 1: Corporate Transactions Involving Directors/Connected Persons and Their Companies
Time: 15:40 – 16:30
Speaker: Sean Nolan – Clark Hill Solicitors
An accountant is frequently the first person the owner of a company turns to when he or she is considering are financing or a reorganisation of a company. The accountant is often tasked with imputing his or her accounting and tax skill set to the proposal to ensure that it makes commercial sense but does not create accounting or taxation problems either immediately or in the future. However, what can and cannot be done from a legal perspective is constrained by various provisions of the Companies Act 2014. Directors are in a unique position in relation to their company and the possibility of the abuse of directors’ duties can particularly arise where the directors and shareholders are the same persons as so often happens in the case of private companies. In such a situation the usual policing control exercised by the shareholders is absent. Chapter 4 of Part 5 of the Companies Act 2014 sets out a series of provisions dealing with frequently encountered situations where a director of a company may be tempted to or may inadvertently put his personal interests before those of the company. This seminar will help accountants identify the situations where company law either prohibits a transaction or permits it in certain situations subject to compliance with a summary approval procedure.
Similarly, an accountant in preparing an audit of a company may become aware of transactions between the company and the directors and connected persons entered into during the year which may be caught by the above provisions and it may be necessary to identify if correct procedures were adhered to and, if not, what steps if any can be taken to rectify the position.
In this session Sean Nolan will cover the following topics;
- Directors and persons “connected “with directors
- Substantial property transactions between a company and directors/connected persons
- Loans, quasi loans, credit transactions, guarantees and the provision of security in favour of directors/connected persons
- Evidential rules introduced by the Companies Act 2014 concerning loans etc by directors to their companies and from their companies to their directors
- Disclosure requirements concerning directors interests in contracts and arrangements with their companies
By attending this session, delegates will be better equipped to identify situations which are regulated by the legislation and can assist their clients in identifying if the transaction can be achieved through one of the exceptions or through the summary approval procedure.
The session will be of most interest to accountants, auditors and tax and financial advisers to companies and their owners.
Course level: Foundation
Session 4 - Part 2: GDPR Challenges Five Years On - GDPR Compliance to Protect Value Within Your Business
Time: 16:40 – 17:30
Speaker: Stuart Anderson – XpertDPO
We are five years into the GDPR, fines are starting to be handed out by the Data Protection Commission, but what for and how can you protect yourself from sanctions.
In this session Stuart Anderson will cover the following topics;
- Current GDPR compliance Landscape
- DPC activity and significant fines
- How you can protect yourself from fines
- Thinking of data, not just personal data, as an asset
- Protecting value in your organisation
By attending this session, I hope to change the way that you and your organisation think about data and understand what the current risks are to your business from a Data Protection Perspective.
This session will be of particular interest to Business owners, auditors, Data Protection Officers.
Course Level: Intermediate
CPD Course speakers
Morna Canty-Ahern - Brass Tax Consultancy
Morna is a Chartered Accountant and Chartered Tax Consultant, working as an Assistant Lecturer in Taxation with TUS formerly Limerick Institute of Technology. Morna is owner of a boutique tax advisor firm Brass Tax Consultancy which is based in the Mid-West. Morna is Vice-Chair of the Mid-West Chartered Accountants Society.
Morna has over a decade of experience in the Finance sector, having started her career in practice, she has worked for a number of high-profile companies across the public and private sector.
Conor Kennedy - EY Law Ireland
Conor Kennedy is a Barrister and Chartered Tax Adviser. Conor is a former Tax Appeals Commissioner and has presided over tax disputes valued in excess of €2.5 billion and is now with EY Law Ireland responsible for Tax Strategy and Disputes.
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.
Sean Nolan - Clark Hill Solicitors
Sean Nolan is a partner in Clark Hill Solicitors LLP, where he practices commercial law, M&A, inward investment, joint ventures, shareholders’ agreements and IP. He is qualified as a solicitor in both Ireland and England, having attended University College London (LL.B.) and London Metropolitan University (MA Business Law). He is co-author of Buying and Selling a Business – Tax and Legal Issues published by the Irish Institute of Taxation and M&A – Protecting the Purchaser, published by Kluwer Law International and is an author of Business Law published by Oxford University Press and the Law Society of Ireland. He is a member of the Business Law Committee of the Law Society of Ireland and has published various articles on business law subjects in professional journals. He has also lectured at the Law Society on company law.
Stuart Anderson - XpertDPO
XpertDPO was formed by Stuart Anderson, a GDPR consultant, to provide market leading Information Security & Governance advisory and consultancy supports to its clients. XppertDPO’s proven methodology and approach is based on research, practical experience and a pragmatic ethos which delivers consistent added value to our clients.
Stuart has gained a unique blend of business and technical acumen in the areas of Information Security, Governance Risk & Compliance (GRC), Data Protection, Data Quality and implementing Regulatory Compliance processes. Stuart has been certified by ISACA and holds the Certified Information Security Manager (CISM), Certified in Risk and Information Systems Control (CRISC) and Certified Information Systems Auditor (CISA) certifications.
In addition, Stuart has been awarded the Certified Cloud Security Professional (CCSP) certification by ISC2. Stuart is also a Certified Data Protection Officer (CDPO) and has also achieved a Postgraduate Diploma in data protection from University College Dublin and an Advanced Diploma in data Protection Law from The Honorable Society of King’s Inns Dublin. Stuart is a member of the Association of Compliance Officers Ireland (ACOI) and a member of the Institute of Banking.
More recently, Stuart, as GDPR consultant, has had articles published in the International Journal for Data Protection Officers, Privacy Officers and Privacy Counsel with the latest article giving insight into the effect of Brexit on Data Protection.
Before founding XpertDPO Ltd. Stuart performed various roles within leading software providers, culminating as Director, Global Services for an Irish based multinational software development house. Previously to this, Stuart worked in Ireland and the UK as an implementation engineer specialising in CRM, ERP and Payroll software. Stuart embarked on his software career working for Sage UK as a Software Support Executive in the Accountants Division based in Manchester.
CPD Fest is brought to you in association with Swoop for Advisors.
