Institute News
Institute News
Conor Molloy is from Rathronan, Co Tipperary and has been a CPA Ireland student since 2020. He has a BSc. (honours) in Economics & Finance from UCD. He completed his training with Clonmel Waste Disposal Ltd. He has previously won prizes for Audit & Assurance, Managerial Finance, Performance Management, Financial Reporting, Corporate Law and Strategy & Leadership.
This award is made in recognition of the first Chief Executive of CPA Ireland, Liam Donnelly. Liam joined CPA Ireland in the 1970s and throughout his career, he held a special place in his heart for CPA Ireland students. He was first to advocate for a modular approach to examinations allowing CPA Ireland students to combine work, study and life.
We congratulate Conor on his amazing achievement.
The two Irish-based accountancy bodies will now work to implement the decision of their members, which will see the creation of a single Institute operating under the Chartered Accountants Ireland brand.
In a joint statement, Sinead Donovan, President, Chartered Accountants Ireland and Mark Gargan, President of CPA Ireland said they were pleased that members had seen the benefits of the proposal.
Sinead Donovan, President of Chartered Accountants Ireland, said: “This is a vote of confidence in the future. Thanks to every member who engaged with us along the way and who turned out to vote in such numbers. Our work continues now to secure the legal and regulatory consents needed to deliver on this mandate for a stronger profession.”
Mark Gargan, President of CPA Ireland, said: “As one single Institute, we will be more strongly positioned to represent our members, to promote the profession and to be a positive voice representing the public interest.
The move towards consolidation of professional membership organisations is gaining momentum globally, and Ireland will be a model for other professional bodies in this regard.“
Back Row L-R: Tom Murray, Cormac Mohan, Brendan Brady, Eamonn Siggins, Gearoid O’Driscoll, Richard O’ Hanrahan, John Devaney, Brian Purcell, Patricia O’Neill.
Middle Row L-R: Patrick Kierans, Barry Clarke, Ruth Lynch, Cait Carmody, Judith Condell, Carla Manning.
Front Row L-R: Aine Collins, Clodagh Henehan, Mark Gargan, Michael Kavanagh, Gillian Cregan.
This agreement offers qualified members of each body the opportunity to become a member of the other body while enjoying the benefits within each organisation. Mutual Recognition Agreements allow for the continued global collaboration of our members and provide a platform for greater opportunities.
The signing took place online which reflects the evolving nature of business practices and the ongoing digital transformation across industries. This is not only time efficient but also contributes to a reduction in the environmental impact associated with unnecessary travel.
In attendance were CPA Ireland President, Mark Gargan, CPA Ireland CEO, Eamonn Siggins, ICMA Pakistan President, Shehzad Ahmed Malik, and ICMA Executive Director Aamir Ijaz Khan.
For Practice Firms, you should check any fees charged to firm. Reminders are issued periodically during the year. Sometimes your circumstances have altered, and we haven’t been notified.
If you have queries on account balances, please do contact us to resolve.
Contact details for all departments are available at www.cpaireland.ie
Individuals who are approved as statutory auditors by CPA Ireland before 1 January 2026, can avail of transitional provisions for authorisation as a Sustainability Assurance Service Provider (SASP) subject to undertaking appropriate CPD to acquire the necessary knowledge of sustainability reporting and the assurance of sustainability reporting.
The Corporate Sustainability Reporting Directive (CSRD) provides for transitional provisions for the approval of statutory auditors as SASPs for the first two years of operation of the directive i.e., between 1 January 2024 and 31 December 2025.
During this time statutory auditors already approved or those who complete the process of approval for the purposes of statutory audit in accordance with Bye Law 13, Practice and Audit Regulations by 1 January 2026, will not have to fulfil the training requirements (exam/test and practical experience) for the assurance of sustainability reporting which will be required when the CSRD is fully implemented. They will however need to undergo continuing education relating to the assurance of sustainability reporting.
It is noted that transposition of the CSRD in Ireland is in progress, and the requisite powers to carry out approval functions are not yet provided for. However, CPA Ireland is actively preparing for the implementation of the legislation and in this regard is asking members who have an interest in finding out more to get in touch. Please contact Emer Kelly at ekelly@cpaireland.ie for further details.
The award is made to the leader of an accountancy body, anywhere in the world, that has excelled in the past year.
In honouring Eamonn, CEO Monthly stated that “Eamonn has developed an agile and innovative team that has transformed CPA Ireland into an institute which provides its members with an unrivalled personal and professional service.”
CEO Monthly select their award winners by reviewing publicly available sources, such as industry journals, company websites and press releases to compile a shortlist and then examining these in further detail to select a winner. Criteria assessed include testimonials of the CPA Ireland team, review of successful new services they have launched and CPA Ireland’s high quality digital preference.
The Conferring Ceremony took place in the O’Reilly Hall UCD and here we welcomed Ireland’s newest Accountants. The ceremony was sponsored by JDM Insurance Services Limited. It was inspiring to see our newest members take to the stage to receive their qualification.
Congratulations to our newly qualified CPA Ireland members and to all our prize-winning students and a special thanks to our 2023 sponsors for their support.