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8 News Entrepreneurial minds: lessons in entrepreneurship KPMG partner, Olivia Lynch, pictured with (from left) Sahar Hashemi, author and founder of Coffee Republic; Shaun Murphy, Managing Partner at KPMG; and Paula Fitzsimons, Going for Growth, at KPMG’s ‘The Entrepreneurial Mindset’ event. Pictured (from left) are: Karl McLaughlin, John Marks, John Glennon and Mairead Lyng. John Marks & Co. merge with RSM Ireland RSM Ireland has announced a merger with John Marks & Co., an accountancy practice based in Booterstown, Co. Dublin. The news of the merger comes less than one year after RSM Ireland joined the RSM network. “Following a successful brand launch in May 2016, we have used the past year to embed and strengthen the RSM brand in the Irish market, focusing on a unified vision to be the provider of choice to middle market businesses globally,” said John Glennon, Managing Partner at RSM Ireland. “The RSM brand continues to grow globally and we will continue to look for non-organic growth opportunities here in Ireland.” John Marks, who founded John Marks & Co. in 1987, joins RSM Ireland as Partner. ACCOUNTANCY IRELAND APRIL 2017
Est 1887 News 9 UCD and PwC promote talent development University College Dublin (UCD) and PwC Ireland have agreed a seven-year strategic partnership. The agreement includes three key areas where the organisations will work together: education and talent development; thought leadership and innovation; and corporate social responsibility. The arrangement involves collaboration on the support of leadership development of high-performance, high-potential talent; development of internship programmes, mentoring and academic programmes as well as joint research and promoting equality in education and wellness. Pictured (from left) at the launch are: Feargal O’Rourke, Managing Partner, PwC; Susan Kilty, PwC People Partner; and Professor Andrew J. Deeks, UCD President. Mazars tax partner joins Brexit delegation Pictured at the EY Women’s Network Event at Fallon & Byrne with Gina London (centre), former CNN anchor and now with Fuzion, are EY’s Amanda Murphy and Julie Fenton. Senior business leaders discussed how the Trump administration will impact on or accelerate the path of leadership for women. Mazars tax partner, Noel Cunningham, was one of 16 members from a range of leading companies in Ireland to visit Brussels recently as part of a delegation from the European Chamber of Ireland to discuss Brexit-related issues. The specific purpose of this two-day trip was to ensure that key EU decisionmakers understood the challenges Brexit will present for businesses operating in Ireland. The delegation met with, among others, the German EU Commissioner, Günther Oettinger; Irish EU Commissioner, Phil Hogan; Irish and German MEPs; and Irish and German permanent representatives. PROFESSIONAL VALUATION SERVICES FOR ART, ANTIQUES & JEWELLERY PROBATE • FAMILY DIVISION • TAX PURPOSES • INSURANCE • MARKET VALUE For 130 years Adam’s have provided expert valuation services to the Accountancy profession. As Ireland’s leading firm of fine art auctioneers and a member firm of the RICS and SCSI, we deliver a professional and efficient service unsurpassed in quality and speed of completion. Our team of valuers are based in every Province enabling us to offer a truly countrywide service across a wide range of specialist departments. In many instances we offer a ‘walkaround’ service which can assess a client’s needs at minimal cost, often identifying previously unregarded items of value, and providing peace of mind to both you and your clients. The range of our experience often readily suggests solutions to an entire range of problems you are likely to encounter when dealing with personal property. Contact our valuation department for more information. Stuart Cole / Amy McNamara 01-6760261 valuations@adams.ie 26 St. Stephen’s Green Dublin 2 www.adams.ie Sir William Orpen “Self portrait” Sold for €137,000 Sir William Orpen “Self portrait” Sold for €137,000 www.accountancyireland.ie
Page 1 and 2: VOLUME 49 NUMBER 2 APRIL 2017 Diver
Page 3 and 4: Comment 3 President’s comment Apr
Page 5 and 6: Contents 5 Spotlight 30 Pay gap, or
Page 7: News 7 Enhancing audit quality anch
Page 11 and 12: When you fly Aer Lingus, you‘re c
Page 13 and 14: Annual Dinner 13 Gillian Doherty, C
Page 15 and 16: Comment 15 Brian Keegan An uncharit
Page 17 and 18: Comment 17 Write it down Des Peelo
Page 19 and 20: Comment 19 Emotion: the spoiler Ann
Page 21 and 22: Interview 21 Serving the public goo
Page 23 and 24: Retirement Planning... You have lot
Page 25 and 26: Diversity 25 Diversity... is it goo
Page 27 and 28: Diversity 27 fact that diversity an
Page 29 and 30: LONGBOAT ANALYTICS WINNER FINANCIAL
Page 31 and 32: Diversity 31 than half agreed that
Page 33 and 34: Mandatory Electronic Filing is fast
Page 35 and 36: Diversity 35 We’ve heard the soun
Page 37 and 38: Diversity 37 The road to inclusion
Page 39 and 40: Diversity 39 Sponsorships Organisat
Page 41 and 42: Diversity 41 Thoughts on diversity.
Page 43 and 44: Audit 43 insights for stakeholders
Page 45 and 46: TALK TO TOMORROW’S ACCOUNTANTS TO
Page 47 and 48: Financial Reporting 47 financial re
Page 49 and 50: LEADING PROFESSIONAL PUBLISHING
Page 51 and 52: Restructuring Trends 51 The 2016 re
Page 53 and 54: Restructuring Trends 53 insolvency
Page 55 and 56: Audit Quality 55 should be written
Page 57 and 58: Tax 57 BRASS TAX Current developmen
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Tax 59 entrepreneurial and favourin
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Tax 61 Furthermore there was no rea
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Tax 63 Tax deadlines David Fennell
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Professional Standards 65 Consent O
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Win a two-night stay at Clontarf Ca
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Membership 69 Quigley, Keith Rice,
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Innovation 71 The strategy of innov
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Innovation 73 Graph 1: Title TBD Wh
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Leadership & Management 75 UK acade
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Corporate Governance 77 Figure 1: P
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Leadership & Management 79 Whistlin
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Commercial Feature 81 www.liquidati
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Commercial Feature 83 the high leve
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I trusted my future to Barden So sh
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88 Careers keystrokes and create ju
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90 Careers The hard case for soft s
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92 Careers job can add an entirely
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THE SPECIALIST GOVERNANCE RECRUITME
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EXCELLENCE IN FINANCIAL RECRUITMENT
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98 Member Profile A new orbit From
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NETWORK Building a strong network i
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