The Practising Accountants' Update
Registering for CPD Fest 2022 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 2022.
CPD Fest Packages:
Any 8 CPD Fest Sessions
Any 16 CPD Fest Sessions
Any 24 CPD Fest Sessions
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:
Session 1: The Irish are Coming! - Really Useful Things to Know When Operating Overseas
Time: 09:00 – 10:40
Speaker: Tim Kelsey – Kelsey’s Payroll Services Ltd
Your client’s business is flying, and they mention in passing that they are now working in France and the UK which will mean sending employees out to both locations. Whether of short, medium or long duration, having business visitors overseas or sending employees on secondment will add complexity and cost to their administration. They may be looking to you for a way forward, or at least for some useful ideas on what to ask questions about. This session will simply explain some key concepts that companies should grasp when operating abroad. In particular, we will look at the following:
- Double Taxation Agreements – and how to use them
- Key employer obligations – a practical due diligence list of questions to consider
- The principles of tax equalisation or protection – how to perform hypothetical tax calculations
- Global mobility policies – what to consider including
- Split and shadow payrolls – how to operate these
By attending this session, you will come away with a practical idea of the questions to ask and the suggestions to make to an employer who has little experience of operating outside of Ireland. You will also observe practical examples of split and shadow payrolls.
This session will be of most interest to Accountants, tax advisers, business owners and senior managers who will have employees sent to work outside of Ireland.
Course level: Intermediate
Session 2: Corporate & Personal Insolvency Update, with Focus on the Small Company Administrative Rescue Process
Time: 11:00 – 12:40
Covid and the Ukrainian crisis has presented different threats to clients than those threats from previous recessions. Combined with the impact of Brexit the Advisor needs to be in a position to provide pragmatic advice to clients who are facing insolvency.
Advisors need to be familiar with the new Corporate Rescue mechanism, the Small Company Administrative Rescue Process (“SCARP”).
Advisors also need to be within their comfort zones when advising companies in financial difficulty and need to know what options are available. They also to be up to date with the latest case law when negotiating resolutions for personal insolvency clients.
In this session, Jim Stafford will cover the following:
- Overview of Small Company Administrative Rescue Process (“SCARP “).
- How to advise clients facing insolvency. The pitfalls to be avoided. Pre-Packs: How to advise your client to “buy back” the business from a liquidator.
- Overview of Turnaround strategies that do not involve formal insolvency.
- How to advise Tenants and Landlords.
- Update on the latest case law relating to personal insolvency.
Session 3: Company Law Updates for Accountants in Practice 2022
Time: 13:40 – 15:20
Speakers: Brian Walker, Alison Walker – The Bar of Ireland
In this session, Brian Walker and Alison Walker from The Bar of Ireland will talk us through the most recent changes and updates in Company Law.
Topics covered include:
- The Companies Act 2014 Updates
- The Ten Big Issues in the New Company Law
- Key Predictions for 2023
Session 4: Key Employment Law Updates
Time: 15:40 – 17:20
Speaker: Derek McKay – Adare Human Resource Management
With the evolving employment law landscape, it is more important than ever that Organisations keep up to date. In this webinar, Derek McKay, Founder and Executive Director, Adare Human Resource Management, who has 25 years of experience working in the HR and employment law arena, will provide updates on the legislative changes for 2022 impacting businesses and provide practical steps for Organisations to take.
Attendees will also get an insight into the expected changes to employment legislation in 2023 to assist with their planning
In this session, Derek will cover key legislative updates, including:
- The Right to Request Remote Working and the Right to Flexible Working
– two new key pieces of employment legislation that will significantly impact both Employers and Employees will be discussed and how best Organisations can manage working hours and new ways of working.
- New Statutory Sick Pay for Employees
– the introduction of statutory sick pay for all Employees in Ireland, phased in over a four-year period, will come into effect from 1st January 2023. Attendees will be provided with practical steps to ensure compliance with the new legislation.
- Updated Code of Practice on Sexual Harassment and Harassment at Work
– the focus on Dignity at Work including anti bullying, harassment and sexual harassment should always remain high on all Organisations agenda. The recent changes to the Code of Practice on Sexual Harassment and Harassment at Work introduces a number of important changes for Organisations to implement into their policies and procedures.
- Gender Pay Gap Legislation
– Organisations with 250+ employees will be the first required to report their data with a deadline of December 2022 under the new legislation with Gender Pay Gap reporting requirements extending to other Organisations with 150+ Employees from 2024 and 50+ Employees from 2025. Attendees will understand what this means for Organisations and practical steps to take.
- A look forward to 2023
– exploring what new and also what changes to employment legislation Organisations can expect next year, and hence begin to plan for, will be discussed.
By attending this session, attendees will gain insight into the key employment legislative changes impacting Organisations during 2022, key steps to ensure compliance with the legislation and understand what to expect in 2023.
CPD Course Facilitators
Tim Kelsey - Kelsey’s Payroll Services Ltd
Tim has worked in the Payroll Industry for 35 years, working as a Payroll Manager for large public sector bodies paying up to 18,000 employees. His particular specialism is international payroll, and he has run payrolls from Kingston, Jamaica to Entebbe, Uganda, and most places in between. In 2007 he formed his own company, and now spends much of his time writing and lecturing on all aspects of payroll. His articles on international payroll often feature in Payroll Professional magazine. He has author credits in several UK payroll handbooks covering chapters on international payroll requirements.
He runs a number of international payroll training courses, and is an enthusiastic and engaging tutor. He also runs training events on an in house basis to allow a company to focus on the international issues that are important to them, and will often produce bespoke work for clients not available on the open market. Tim has been a full member of the Chartered Institute of Payroll Professionals in the UK for over 30 years and was made a Fellow of the Institute in 2019. He holds the Irish Payroll Association’s Payroll Technician Certificate, and is a member of the Association.
Jim Stafford - Friel Stafford
Jim qualified as a Chartered Accountant in 1987. He is one of Ireland’s leading Corporate Recovery and Insolvency specialists.
Whilst training, he obtained Insolvency experience on a number of assignments. Upon qualifying, he moved to New York and joined Spicer & Oppenheim. During his 2 years with Spicer & Oppenheim, he had experience with Chapter 7 and Chapter 11 bankruptcy procedures.
In 1989 he joined Cork Gully, the insolvency practice of Coopers & Lybrand (now PWC) in London. He spent five years in London specialising in Corporate Recovery and Insolvency. He returned to Ireland in 1994 and established Friel Stafford.
He has had extensive practical experience of all types of industries, ranging from aerospace and mining to hotels, construction and IT.
He also has extensive experience of resolving shareholder disputes where he uses his expert knowledge of the Companies Acts, tax legislation and case law and his extensive negotiating expertise to formulate solutions.
He is an expert on corporate governance and regularly advises Boards on corporate governance issues. He has assisted a number of directors to successfully defend Restriction applications.
He drafted the complete syllabus for the Diploma in Insolvency course run by Chartered Accountants Ireland. He wrote and presents two of the six modules on the course. Jim was selected by the CAI to present the Module on Corporate Turnaround Strategies given his expertise in the area.
He is also engaged by Chartered Accountants Ireland as a lecturer for their CPD (Continuous Professional Development) in the areas of Corporate Recovery, Insolvency, Personal Bankruptcy and Credit Management. He is frequently asked to speak about specialist Corporate Recovery and Insolvency topics by other institutes and organisations such as the Irish Institute of Credit Management, EBS, Goodbody Stockbrokers, IBRC, Bank of Ireland, Investec and KBC Bank. Jim has contributed numerous technical articles on Corporate Recovery and Insolvency for the magazines of the three leading accountancy bodies in Ireland, and for the Sunday Business Post. He has also done a number of radio and television interviews on Corporate Recovery and Insolvency.
He has extensive experience of all areas of Litigation Support and Expert witness. He has worked with private clients, SMEs, national companies, multi-nationals, county councils and various Government and Regulatory agencies in defending and bringing proceedings.
Brian Walker - The Bar of Ireland
Brian Walker is practicing barrister. He has nearly 45 years experience of company law and company secretarial practice, having previously worked with the accountancy firms of KPMG and PricewaterhouseCoopers.
He has been CPD lecturer in company law to the main accountancy bodies for the past thirty years. His approach to company law is straightforward, direct and easily understood. He will focus on changes in company and commercial law and the most important issues that arise daily for accountants, auditors and company directors.
Derek McKay - Adare Human Resource Management
Derek McKay, BBS, Chartered MCIPD, is an experienced Human Resource and Employment Law practitioner who has worked extensively in the private, not-for-profit and public sectors.
Since founding Adare Human Resource Management in 2003, Derek has overseen the growth of the business to become one of Ireland’s leading HR, Employment Law and Industrial Relations Consultancies. In 2022, Derek changed roles from Managing Director to joining the Board of Directors.
Derek regularly speaks at seminars for companies and associations throughout the country on HR and Employment related topics and contributes to numerous publications in this area also.
Prior to setting up Adare Human Resource Management, Derek worked in the Human Resource Departments in a number of multinational organisations.
Derek is currently a member of the CIPD National Committee and a member of Workplace and Skills Taskforce with Chambers Ireland.