Accountancy Ireland Digital Edition
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Charity Day of Action!
Get ready to get involved in the Chartered Accountants Charity Day of Action in April. For details of what’s involved, see page 10 of your December issue of Accountancy Ireland.
Irish Businesses must look to International Markets for Growth
In an extensive interview with Accountancy Ireland, Deloitte’s new Managing Partner, Brendan Jennings, says Irish businesses must look to international markets to secure growth. Brendan also believes that recession can be a great time to start a business. Read the full interview starting on page 13 of your December issue of Accountancy Ireland.
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Some relevant articles from previous editions of Accountancy Ireland
Regulating Auditors – Implementing the 8th Directive
This article presents an overview of the 8th Directive and how it applies to audit regulation. It is relevant reading for all FAE Core and FAE Audit Elective students. Building Profitable Businesses: Focus on strategy and avoid the race tothe bottom, Kaplan advises
This article is recommended reading for all students. It gives a brief overview of an interview with Professor Robert Kaplin, where he briefly discusses appropriate strategies to use during recessionary times. The interview is available by podcast (starts at 10 minute mark). Change Management: Executing Strategies for Growth
Many companies have used the challenges of the current economic environment to implement change strategies which are likely to provide significant advantages for their core business. This articleis relevant reading for students, particularly those completing FAE Core (Business Leadership) and FAE Elective Advanced Performance Management.
Upcoming Forum
The Education and Assessment of Financial Reporting Competencies Chartered Accountants Ireland will hold a forum on “the education and assessment of financial reporting competencies” during 2012. An online survey will be circulated in advance of the forum, to ascertain views and obtain commentary. Any interested party (including students) who would like to take part in the survey should contact Joanne Powell directly. The survey will be issued in December 2011.
2011 FAE Board Report
The 2011 FAE Board Report is due to be published on Monday, December 5th. It will be published on the exams section of the website. (Students and members will need to log in to access the report.)
Student Society news!
December’s student news section is bigger than usual. Check it out on pages 82-83 of your December issue of Accountancy Ireland.
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Budget Alert!
With the Budget due next week, listen out for Accountancy Ireland’s Special Budget Podcast featuring a panel discussion with tax experts Liam Lynch (KPMG), Marie Barr (Barr Pomeroy) and Brian Keegan (Chartered Accountants Ireland). The show will be available on the afternoon of Wednesday, 7th December from iTunes and from the Accountancy Ireland Podcasts area of the website.
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Can Directors Rely on Experts?
Two recent remarkably similar cases in the New Zealand and Australian courts have come to quite different conclusions on the common law requirement for directors to exercise due care and skill and the extent to which in exercising those duties they can rely on experts. In a comparison of the two judgments, starting on page 19 of your December issue of Accountancy Ireland, Professor Niamh Brennan highlights the issues.
Prospects for IFRS in the United States
Accountancy Ireland’s December Podcast, available from iTunes or via the Accountancy Ireland website, features excerpts of an interview with Andy Simmonds, a Technical Partner with Deloitte and a member of the Accounting Standards Board and the European Financial Reporting Advisory Group.
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The Sovereign Debt Crisis, a Matter of Urgency—from Lessons to Reform
The International Federation of Accountants (IFAC), the global organization for the accountancy profession, will be holding a global seminar in March 2012 on the ongoing sovereign debt crisis. The seminar takes place from 19-20 March 2012 in Vienna. Aimed at key decision makers, politicians, public finance management leaders, and journalists who work infinance, accounting, auditing, and budgeting, "The Sovereign Debt Crisis, a Matter of Urgency — from Lessons to Reform" will feature experts from across the globe addressing topics ranging from standard setting and government reporting reform, long-term sustainability of governments, and the role of the finance professional as leader and catalyst for change. See here for details of the seminar.
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Win a Copy of our First Book for the Kindle
Chartered Accountants Ireland has recently published its first book for Kindle. The Seven C’s of Business Recovery by Neil Hughes (previously published in print under the title Beating the Recession) has practical survival tips for businesses struggling in the current difficult economic editions. If you own a Kindle, or expect to own a Kindle after Christmas, you could be in with a chance of winning one of 5 copies. To enter, email your name and address to publishing@charteredaccountants.ie and put “KINDLE COMPETITION” in the subjectline.Terms and conditions.
CHRISTMAS COMPETITION
As it’s almost Christmas, Accountancy Ireland has five of our cute calculators to give away. Excluding Rudolf, we want to know how many reindeer does Santa have and we need you to name them! Email your answer to extra@accountancyireland.ie, making sure to include your name and address, and we’ll draw the lucky winners on December 15th. Please quote ‘Christmas Competition’ in the subject line. Terms and conditions apply.
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