Course Summary

Duration2 hours

PresenterDes O'Neill, Colm Owens, Sinead Gortland - OmniPro

Course Overview

The new regulations, legislation and issues impacting on Irish Accountancy Firms in 2021.  

In this session Colm Owens and Sinead Gortland will be covering the following topics; 

1. Companies (Rescue Process For Small and Micro Companies) Act 2021- SCRAP  

  • Features of SCARP  
  • The Process of SCARP  
  • SCARP vs Examinership  
  • Miscellaneous provisions  


2. Corporate Enforcement Bill  

  • History of the Bill  
  • Corporate Enforcement Authority  
  • Amendments to Companies Act 2014 – a review

     

3. 5th Directive & RBO  

  • Updated AML requirements under MLD5  
  • Review of RBO in relation to AML

     

4. Monitoring Update for Non-Audit Firms  

  • Review of the updated requirements for AML  
  • Overview of what is necessary for non audit files

     

5. General Miscellaneous Review  

  • Solicitors negative interest rates & client monies  
  • Review of 2021’s Updated CPD Requirements  

      Course Facilitator:

      Des O’Neill – OmniPro

      Having worked for a number of years in practice, Des O’Neill co-founded OmniPro to develop tools, techniques, products and services, empowering accountants to achieve their best.

      Over 15 years, he has grown the company to a multi-million-euro turnover business and established OmniPro as Ireland’s largest independent provider of CPD for accountants.

      Des speaks regularly, at national and international fora, on practice development, auditing, accounting, company law and regulation. He is passionate about bringing innovation to the profession and empowering accountants to achieve what they want in their careers and practice.

      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 last 6 years 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.

       

      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.