Format

This 3.5 hour session will be delivered via Zoom on Wednesday 26 February from 2pm to 5.30pm. The Zoom link will be emailed to participants the day before the course is due to take place.

Who should attend

A must attend session for any Republic of Ireland based practitioner with clients who are based or have operations in Northern Ireland and/or Britain. This webinar will also be of interest to UK based practitioners would like to learn more on the major Companies House Reforms, and in particular their likely impacts on UK SME Financial Reporting, planned for the coming years.

Course overview

Topics to be covered during this session will include:

• An overview of the key UK regulators and state bodies, such as the Financial Reporting Council
• Detailed guidance regarding the Companies Act 2006 and the financial reporting and auditing frameworks currently in place in the UK
• The key differences between the two jurisdictions with regards to Company Law, Financial Reporting and Auditing for SMEs
• Key upcoming changes to the UK Auditing, Financial Reporting and Filing requirements for SMEs with the implementation of the provisions of the Economic Crime and Corporate Transparency Act 2023
• Claiming Audit Exemption for UK clients
• Other relevant issues such as reporting Fraud and Anti-Money Laundering concerns; and 
• The impacts of Brexit for Republic of Ireland based accountants and auditors with UK clients.

Key Learning Outcomes

By the end of this course, participants will be able to:

• Have a better understanding of the current Company Law, Financial Reporting and Auditing frameworks in place in the UK, key changes to these areas on the way over the coming years, as well as the key differences between the two jurisdictions with regards to these matters.

Speaker Bios

Conal Kennedy FCA - Conal is Head of Practice Consulting in Chartered Accountants Ireland. He and his team provide advice and support to practices throughout Ireland, and publish a range of practice toolkits covering audit, accounting and compliance. Over a 16 year period in Practice Consulting, Conal has coached and advised many practices through major change events such as mergers, acquisitions and retirements. He has also advised on practice development and marketing.

Jeremy Twomey FCA - Jeremy in his role as Practice Consulting Manager works to support our member practitioners across our service areas, with a particular focus on compliance support, training and our associated advisory services. Jeremy is a Fellow of the Institute, having trained with Ernst & Young; he has held senior management positions across both financial and professional services, as well as the public sector.

Contact us

If you have any questions regarding this or any other CPD course or requirements, please feel free to contact the team here or call us at (+353) 01 523 3930