EisnerAmper hosts Mid-Year Academy 2022

The EisnerAmper Ireland Academy is a key part of our Firm’s all-staff training programme which was held for the eleventh year running recently. The Academy is specifically designed for our professionals to accelerate their “on the job” learning and to facilitate their journey towards becoming not just great accountants but exceptional advisers and practitioners.

We were delighted to host this year’s Academy in person for the first time since 2019 in the Herbert Park Hotel, Ballsbridge, followed by dinner in House Dublin. David Carroll, Associate Partner and Head of Learning & Development, facilitated our Mid-Year Academy with this year’s theme being ‘Delivering Client Service Excellence’ and included workshops, key note speakers and team building exercises reaffirming our commitment to achieving and maintaining excellence in everything we do.

Jack Pierse discussing Wayflyer.

We would like to thank our guest speakers:

• Jack Pierse, Co-Founder & CFO of Wayflyer, who shared valuable insights into Wayflyer’s remarkable journey to date, business model and growth strategy; and
• Brian Fagan, Founder of Glendalough Distillery & Cobblestone Brands, who led a thought provoking discussion on client service and entrepreneurship.

Brian Fagan discussing his businesses and client services.

Thanks also to members of our team who enthusiastically contributed to the Q&A and workshop sessions.

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EisnerAmper takes centre stage in Times Square, New York

An exciting day for EisnerAmper, seeing our brand centre stage in Times Square, New York.  EisnerAmper Global member firms give our clients access to leading minds and cutting edge services by leveraging the expertise of 200 partners and 2,000 professionals across the United States, Cayman Islands, India, Ireland, Israel, Singapore and the United Kingdom.  Whether working with established companies expanding existing global operations or start-ups considering expansion into new markets, we provide the ideas and support necessary to make international trade happen.

Azets Webinar: The UK & Ireland Trade Corridor – post-Brexit

EisnerAmper Ireland was delighted to participate in a Brexit webinar today hosted by our friends in Azets; an international accounting, tax, audit, advisory and business services firm. Today’s webinar, attended by more than 300 participants, focused on the UK and Ireland Trade Corridor – post-Brexit.

Frank Keane, Partner and Head of Client Internationalisation and Philip Slattery, Assistant Tax Manager at EisnerAmper Ireland, provided insightful contributions as guest speakers. Frank and Philip discussed challenges UK businesses will face post-Brexit and why UK firms might consider Ireland to future proof their access to the EU. Additionally, Frank and Philip provided an overview of Ireland’s compliance landscape and discussed areas for consideration for UK firms establishing operations in Ireland.

We would like to thank the Azets team who gave insightful contributions on today’s topics;

• Scott Craig, Partner and Head of VAT;
• Lucy Sutcliffe, Director of National Customs Duty; and
• Andy Dawbarn, VAT Partner.

Many thanks to the 300 plus participants who joined the webinar and the guests who contributed to our Q&A session.

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EisnerAmper Ireland hosts The Practitioner Academy 2020

The EisnerAmper Ireland Academy 2020, the Firm’s annual all-staff training programme, was held for the ninth year running on Thursday, 15 October. This year we were adapting and innovating to our changing environment and hosted our first Virtual Academy. The “Practitioner Academy” focused upon developing great practitioner skills to enable us to do great work for our clients in a changing world. We had an action packed line up of keynote speakers and thinkers, skills workshops, break-out and plenary sessions.

The Practitioner Academy guest speakers.

The Academy is specifically designed for our professionals to accelerate their “on the job” learning and to facilitate their journey towards becoming not just great accountants but exceptional advisers and practitioners. Participants acquire the necessary core awareness, knowledge, skills and confidence to successfully further their careers in practice.

The theme of this year’s programme was ‘Doing great work for our clients in a changing world’ and included workshops, technical training, team building and knowledge exercises reaffirming EisnerAmper Ireland’s commitment to achieving and maintaining excellence in everything we do. The workshops encouraged our staff to develop their design thinking skills and their self-awareness.

Our staff attendees at our virtual Academy.

We would like to thank our guest speakers for their insightful contributions:

• Mark Nolan, Consulting Director, Genesis Consultants – Thoughts on our rapidly changing environment and the future of work;
• Catherine Guy, CEO Sixt, FAI Board, former Managing Partner, Byrne Wallace – Doing great work – Practitioner & client perspectives;
• Tony Carey, Managing Director, Cooney Carey – Skills and strategies for successful negotiation;
• Peter Cogan, Managing Partner, EisnerAmper LLP – Strategy & growth insights; and
• Stephen McCullough, Barrister at Law – Applying the Principles of Natural Justice.

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UK Resident Directors

Brexit – Implications for UK Resident Directors of Irish Companies

On 31 December 2020, the transition period between the UK and the EU will come to an end. If thereafter no agreement is in place, Irish companies which have UK resident directors may need to take action to ensure continued compliance with Section 137 of the Companies Act 2014. This is the requirement to have at least one EEA resident director. The EEA is the European Economic Area comprising all EU member states, in addition to Iceland, Liechtenstein and Norway.

In the event of a hard Brexit, an Irish company which currently has a UK resident director fulfilling this requirement should consider replacing the director or appointing an additional director who is resident in the EEA. In the event that a company does not have an EEA resident director, it can avail of one of two exemptions:

1. Secure a Section 137 Non-EEA Resident Director Bond

A company can put in place a Section 137 Bond to the value of €25,000 to cover a failure by the company to pay a fine or penalty in respect of offences under the Companies Act 2014 and certain offences under the Taxes Consolidation Act 1997. The bond, which costs €1,750, needs to be put in place for a minimum two year-period.

2. Apply for a Section 140 Certificate

A second option is for a company to apply to the Irish Revenue Commissioners and Companies Registration Office for a Section 140 Certificate confirming the company has a real and continuous link with one or more economic activities that are being carried on in the State.

Implications of EEA Resident Director Non-Compliance

Failure to meet the EEA Resident Director requirements is a criminal offence and could lead to a fine of up to €5,000. Additionally, under Section 725(1)(a) of the Companies Act 2014, the Companies Registration Office has the power to strike companies off the register if they believe them to be in breach of Section 137(1) of the Companies Act 2014.

This article, UK Resident Directors, first appeared on eisneramper.ie.

The content above is provided for general information purposes only and is not intended to provide, nor does it constitute, professional advice on any particular matter. If you would like more information or would like to discuss any of the topics raised above, please contact eisneramper.ie.

EisnerAmper Ireland attends Les Rendez-Vous de Septembre in Monte Carlo

Dave Montgomery and Tom Brennan, Risk & Regulatory Partners at EisnerAmper Ireland, attended one of the biggest events in the insurance calendar, Les Rendez-Vous de Septembre in Monte Carlo. The event was a great success and we were delighted to have the opportunity for members of our team to meet clients and connect with friends of the Firm.

Lez Rendez-Vous de Septembre is an international Reinsurance congress that facilitates participants meeting to discuss matters which concern the market. It also marks the beginning of the annual negotiation process prior to the renewal of Reinsurance treaties, encouraging high level contact and engagement which can lead to long term strategic alliances.

EisnerAmper Ireland is a firm of specialist accountants with a niche focus on the Financial Services, International Trade and Government sectors.  As Head of Risk & Regulatory at EisnerAmper Ireland, Dave Montgomery leads a team in the provision of regulatory, risk management, audit and advisory solutions to Insurers and Reinsurers operating in or through Ireland.  As a former regulator with the Central Bank of Ireland, Dave supervised insurance and reinsurance firms and also worked on the development and implementation of the PRISM^TM framework.  If we can assist you or your business in any way, please contact Dave Montgomery.

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Alan Garry appointed as Audit & Advisory Partner at EisnerAmper Ireland

We are delighted to announce the appointment of Alan Garry as Audit & Advisory Partner at EisnerAmper Ireland.  Alan’s appointment represents a further strengthening of our teams advising the International Trade, Financial Services and Government sectors while adding significant experience, expertise, ideas and perspectives to our global network.

Alan leads the provision of Financial Accounting Advisory Services to the Firm’s domestic and international clients.  Alan helps clients balance their business and commercial needs with the challenges arising from an increasingly complex financial reporting and regulatory environment.

Alan provides accounting advice relating to business combinations and group re-organisations, GAAP conversions, revenue recognition, financial instruments, share-based payment plans and distributable reserves.

Alan also provides Audit & Assurance services to a wide variety of clients from leading Irish corporates to international companies doing business in and through Ireland.

At EisnerAmper Ireland, we design and deliver business and compliance solutions to make trade happen – providing audit, internal audit, tax, risk & regulatory, outsourcing and advisory services.  If you have any queries or if we can assist you in any way, please do not hesitate to contact Alan Garry.

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EisnerAmper LLP is awarded Best Global Accounting Firm 2019

Robert Mirsky, Partner and Head of EisnerAmper LLP’s London office with Caitlin Cotter, Audit Manager, accepting the award for ‘Best Global Accounting Firm’ 2019.

We are delighted to announce that EisnerAmper LLP was named the ‘Best Global Accounting Firm’, for the third consecutive year, at the Hedgeweek Global Awards 2019.

The global service provider awards are among the hedge fund industry’s most prestigious and competitive awards. The annual awards recognise excellence among hedge fund managers and service providers around the world and are based on a rigorous peer review survey of Hedgeweek’s readers, which includes a global audience of investors, fund managers and industry service providers.

The high-profile awards ceremony took place in London on Thursday, 14 February 2019. Robert Mirsky, Partner and Head of EisnerAmper LLP’s London office and Caitlin Cotter, Audit Manager, accepted the award on behalf of the firm.

Charly Weinstein, EisnerAmper LLP CEO commented, “Thank you to Hedgeweek for again choosing EisnerAmper from among a global field of such distinguished accounting firms. Our dedicated financial professionals continue to work tirelessly to provide unmatched service and comprehensive alternative investment expertise that adds value for our clients and helps them grow their businesses.”

All winners of the Hedgeweek Global Awards 2019 can be found here.

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EisnerAmper Recognized as “Best Global Accounting Firm” at Hedgeweek’s Global Service Providers Awards

Hedgeweek, one of the hedge fund industry’s leading publications, announced that EisnerAmper LLP was named the “Best Global Accounting Firm” (for the third consecutive year) at its annual Hedgeweek Global Service Providers Awards ceremony in London on February 14.

The prestigious Global Service Providers Awards—among the hedge fund industry’s most highly anticipated and sought after—are based on a rigorous peer review survey of Hedgeweek’s readers, which includes a global audience of investors, fund managers and industry service providers.

“Thank you to Hedgeweek for again choosing EisnerAmper from among a global field of such distinguished accounting firms,” said Charly Weinstein, EisnerAmper CEO. “Our dedicated financial professionals continue to work tirelessly to provide unmatched service and comprehensive alternative investment expertise that adds value for our clients and helps them grow their businesses.”

“We’re both proud and humbled to again be recognized by Hedgeweek,” said Nicholas Tsafos, Director and Board Chair of EisnerAmper Global. “And we certainly won’t be content with a third win in a row. We’ll continue to work hard and hope to take home this award for years to come.”

This article, EisnerAmper Recognized as “Best Global Accounting Firm” at Hedgeweek’s Global Service Providers Awards, first appeared on eisneramper.ie.

EisnerAmper hosts Secrets to Operational Due Diligence Breakfast Seminar with Eze Castle Integration

From left to right, EisnerAmper Global members: Edo Pollack, Rob Mirsky, Natalie Wellans,  Zach Haas, Gavin Lee, Caitlin Cotter, David Carroll.

On Wednesday 13 February 2019, EisnerAmper Ireland’s Gavin Lee, Head of International Trade, and David Carroll, Director, attended the EisnerAmper / Eze Castle Integration; Secrets to Operational Due Diligence breakfast seminar in Prince Philip House in London.

The seminar shared secrets to operational excellence for Investment Management firms. The event was a great success and featured addresses from Dean Hill, Executive Director, Eze Castle Integration and Robert Mirsky, Partner and Head of EisnerAmper LLP’s London office.  We were delighted to have the opportunity for members of our international team to share their expertise and connect with members of Eze Castle Integration.

The breakfast seminar explored the topics of investor perception of outsourcing and counter party risk, ODD red flags that may lead to investment deferment, cyber security risk factors & IT best practices and specific due diligence deliverables to prepare for investors.

For more details on EisnerAmper Ireland’s international trade team and solutions click here.

This article, EisnerAmper hosts Secrets to Operational Due Diligence Breakfast Seminar with Eze Castle Integration ,  first appeared on eisneramper.ie.