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Institute News

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New: CPA Ireland Sustainability Hub Coming Soon

In keeping with our aim of Leading the Way in Digitalisation, Well-Being & Sustainability and following the success of our Digitalisation Hub and Well-being Platform, we are excited to announce that in October 2022, we will be launching our bespoke Sustainability Hub. The hub will be officially launched at an Online Sustainability Event on 20 October featuring sustainability experts from Sustainable Finance Ireland, AIB, TUD and Pragmatica as well as SME sustainability strategy expert, Pat Kane.

In addition, Andrew Tobin from Stryve will take us through his experience with creating a carbon neutral business.

This event can be booked at https://portal.cpaireland.ie/Showcourses.aspx?id=22487.

Key developments in sustainability standards for non-financial reporting will be monitored by CPA Ireland with detailed information on when and how that reporting will impact your business and clients. The hub will cover all areas of importance to Irish businesses including Audit, Financial Reporting, Strategy, ESG Reporting, Sustainable Lending, Carbon Footprint reduction, Employee Health & Wellbeing as well as offering live sessions with key industry experts’ in sustainability and case studies of those who have managed a sustainable journey.

Further details on this exciting development will be communicated over the coming months.

Accountancy Plus Digital Only

From this edition onwards, the Accountancy Plus journal will be published as a digital-only publication. CPA Ireland is dedicated to becoming a sustainable organisation and having a digitally confident membership makes our journey to becoming carbon neutral possible. We are excited to be moving to a digital future with reduced printing and being able to significantly reduce CPA Irelands environmental impact.
 
This newly designed digital version has been developed using a platform called Vertiqul. This platform allows members to easily share content, you can access the journal at any time and the digital copy also allows you to easily navigate to links within the content. The digital copy includes hyperlinks, the ability to bookmark, share, and download content, and an option to click through to additional resources on relevant topics.
 
We look forward to your support in relation to the changes necessary to make CPA Ireland a sustainable organisation.

Winning the War on Trainee Talent

The war for accountancy talent has intensified over the last few years. Globally organisations are struggling to attract and retain trainee talent. In Ireland, a decline in student registrations across all professional accountancy bodies exacerbated the situation and in 2018 the number of new accountancy students stood at -27% below pre- recession levels making it extremely challenging for members and employers to source accountancy trainees.

In response to the challenging recruitment market CPA Ireland launched the Trainee Placement Service in 2019. This complimentary recruitment initiative was set up to support members and employers in finding the right trainee talent for their organisation and to assist prospective students in finding a CPA trainee role. The team at CPA Ireland built out a robust trainee candidate attraction strategy including a brand-new job board, digital advertising, email campaigns and candidate personas. Trainee candidates receive ongoing support throughout their trainee job search with the ability to access a CV review, interview coaching and feedback. Members & employers have access to high calibre trainee talent without the high – costs associated with recruitment agencies and receive expert advice throughout the hiring process.

The Trainee Placement Service has been a huge success for CPA Ireland. Candidates who secure roles through the placement service are automatically registered as CPA students and in 2021 the service was cited as one of the top reasons perspective students choose the CPA Qualification. This year we have witnessed a notable uptick in interest from students and employers in both practice and industry.

Along with an increase in engagement we have achieved some impressive recruitment metrics which included filling a recent trainee role with a leading aviation company in just 10 days!

If your organisation has trainee recruitment plans now or in the future, please reach out directly to Caroline Moloney: cmoloney@cpaireland.ie

Response to the Ukraine Crisis

CPA Ireland has introduced a range of measures in support of Ukrainian refugees seeking to live and work in Ireland and to have their professional accountancy qualifications recognised.
 
These measures relate to displaced Members of the Ukrainian Federation of Professional Accountants and Auditors and to those studying for that qualification. The CPA Ireland initiatives have been outlined to the Embassy of Ukraine to Ireland and can be found at https://www.cpaireland.ie/Resources/Response-to-the-Ukraine-crisis
 
CPA Ireland members are encouraged to support Ukrainian refugees live and work in Ireland in whatever way possible.

National Accounting Competition Winners

CPA Ireland and gamification application Quitch announced the winners of the 2022 National Accounting Competition.
 
1st Place, €1000 – Dylan Donnelly from Technological University of the Shannon Midlands Midwest Athlone Campus
 
2nd Place, €600 – Denis Nevin from the Southeast Technological University Carlow Campus
 
3rd Place, €300 – Ellie Graham from the Atlantic Technological University Letterkenny Campus
 
Winning College, €500 – Technological University of the Shannon Midlands Midwest Athlone Campus
 
Dylan Donnelly, a student of the Technological University of the Shannon, Athlone Campus took first place with 88619 points. The Technological University of the Shannon Midlands Midwest Athlone Campus was the ‘Winning College’ of the competition.
 
Participants included first to final year accounting students as well as Masters students. Each week a range of theory-based accounting questions were released to participants on Quitch. Participants could monitor their progress under their avatar name and see their score on a leader board along with the other participants.
 
During the ten weeks of the competition 17 colleges across Ireland and Northern Ireland took part and the total amount of hours played was 12 days and 18 hours. There was a 76% average class accuracy and 35,871 questions were answered in one day at the peak of the competition.
 
Gillian Peters, Director of Business Development at CPA Ireland said at the time, “CPA Ireland was delighted to partner with Quitch to bring the inaugural National Accounting Competition to accountancy and finance students on the island of Ireland. As an Accountancy Body, we are focused on innovation and we were excited to bring a new gamified learning platform to the students. Congratulations to Dylan on this great achievement.”
Adam O'Reilly and Dylan Donnelly

Pictured L to R: Adam O’Reilly, CPA Ireland, Dylan Donnelly, National Accounting Competition Winner

Dylan Donnelly, Brendan McLarney, Trevor Prendergast, Adam O'Reilly

Pictured L to R: Dylan Donnelly,
National Accounting Competition Winner, Brendan McLarney, Accounting Lecturer, TUS Athlone Campus, Trevor Prendergast, Head of Department, Accounting and Business Computing, TUS Athlone Campus, Adam O’Reilly, CPA Ireland)

The Annual Irish Accountancy Awards

The Annual Irish Accountancy Awards took place on the 1st September which celebrated the success of many CPAs and other accountants for their contribution to the profession over the past 12 months.
 
We were delighted to recognise the achievements of Geoff Meagher, a former President of CPA Ireland, who was presented with the Global Contribution to Accountancy Award. Nominated by CPA Ireland, this award recognises and celebrates the significant international achievement of an accountant who exemplifies the global nature of the profession. Geoff received this award for his contribution with emphasis on the growth of Glanbia in global markets.
 
At the ceremony Geoff commented that “The role of an accountant has evolved enormously over the years and continues to do so. The challenge for all involved in the training of future accountants will be to make them relevant to the times we live in, I don’t envy that challenge but it is one that needs to be taken on.”
 
Congratulations to all the nominees, in particular the 
CPA members who won the following categories:
 
Bookkeeping team of the year: ifac 
CSR initiative of the year: Back to School – John McCarrick & Associates and the Kenyan Child Foundation
Client Service Award & Large Practice of the Year: 
Contracting Plus
Aine Collins and Geoff Meagher

Aine Collins, CPA Ireland President with Geoff Meagher, Former President, CPA Ireland

CSR initiative of the year: Back to School – John McCarrick & Associates and the Kenyan Child Foundation

CSR initiative of the year: Back to School – John McCarrick & Associates and the Kenyan Child Foundation

Client Service Award & Large Practice of the Year – Contracting Plus
Bookkeeping team of the year: ifac

Bookkeeping team of the year: ifac

Patricia O’Neill, Director Member Services presents Michael Sands, Clonallon Laboratories with the award for Finance Director of the Year

Patricia O’Neill, Director Member Services presents Michael Sands, Clonallon Laboratories with the award for Finance Director of the Year

Client Service Award & Large Practice of the Year – Contracting Plus

Membership Changes:

Resignations:
Member ID
First Name
Last Name
Date
001456
Gerard
Clune
07/07/2022
001670
Noreen
Hunt
12/07/2022
001606
Garret
Galvin
08/07/2022
005297
Anne
Turkington
29/06/2022
001889
Edward
Nelligan
12/07/2022
004531
Evelyn
Brennan
16/06/2022
000296
Jeremiah Martin Paul
Daly
29/06/2022
000858
Liam P.
McMenamin
05/07/2022
033404
Rafael
Moreira
23/06/2022
000465
Raymond
Gavin
04/07/2022
001283
Tom
Weymes
29/06/2022
000897
David
Meeke
29/06/2022
001689
Mary J.
Keating
23/06/2022
Deaths:
Member ID
First Name
Last Name
Date
001724
Thomas
Kenny
29/06/2022
001874
Patrick O.
Murphy
04/02/2022
001817
Nuala
McDonald
13/08/2020
002096
Francis A.
Wall
30/04/2022
001283
Tom
Weymes
29/06/2022
000897
David
Meeke
29/06/2022
001689
Mary J.
Keating
23/06/2022
Removals:
026886
Olatunji Daniel
Oshineye
05/08/2022
018100
Farai
Zisengwe
05/08/2022
020705
Anthony Chukwuemeka
Nzom
05/08/2022

019711
Patrick
Mwashita
05/08/2022

027400
Kasturi
Mahajan
05/08/2022

026936
Orikara
Chioma Patience
05/08/2022

026810
Junaid Mohammad
Nawaz
05/08/2022

026419
Muhammad Khalid
Khan
05/08/2022

026236
Watson
Mills
05/08/2022

026235
Minnoo Rose
Kizhakkethottam
05/08/2022

025747
Umair
Waheed
05/08/2022

025743
Cyril Yiltsen
Tsenyil
05/08/2022

025742
Ibeakanma
Chioma Glory
05/08/2022

025740
Aminu Anas
Ibrahim
05/08/2022

025446
Sekeenat Oluwatoyin
Mustapha
05/08/2022

025100
Sani Abdulqadir
Dambo
05/08/2022

025096
Yusuf
Haruna Rulwan
05/08/2022

025081
Joseph
Udo-Inyang
05/08/2022

025079
Jamal
Haider
05/08/2022

025069
Francis
Ibekwe
08/08/2022

025068
Augustine
Efam
08/08/2022

025066
Chizoba Marcella
Ekwueme
08/08/2022

025064
Adefemi Kazeem
Adewole
08/08/2022

024399
Bekweri Imenwo Boniface
Woko
08/08/2022

023853
Austin
Iloba Ezeike
08/08/2022

022992
Vincent
Ezeabasili
08/08/2022

022989
Muhammad Sabo
Lamido
08/08/2022

022655
James Eyoma
Obaka
08/08/2022

021423
Shehu Olayiawola
Bayo
08/08/2022

021199
Muhammad
Umer
08/08/2022

020704
Shehu Usman
Ladan
08/08/2022

019974
Ahmed
Salaheldin Mohammed Mou
08/08/2022

011674
Justyna
Radecka
08/08/2022

005982
Yogeswaran
Kalian
08/08/2022

005257
Anastasios E.
Panayides
08/08/2022

027802
Vedprakash
Sharma
08/08/2022

023577
Pius Vincent Chukwubuikem
Okoye
08/08/2022

020564
Fatima
Abdussalam
08/08/2022

005049
Catherine
O’Keeffe
08/08/2022

006747
Mildred
Reynolds
08/08/2022

004298
Vincent
Power
08/08/2022

025072
Habibu Tijjani Mohammed
Tijjani Mohammed
09/08/2022

022982
Davison
Ukachukwu Ohurogu
09/08/2022

028775
Tracey
Byrne
09/08/2022

000197
Raymond
Colreavy
09/08/2022

017745
Pamela
Daly
09/08/2022

015423
Jennifer
Mahon
09/08/2022

008728
Sheila
Judge
09/08/2022

007489
Edel
Downes
09/08/2022

004892
Michelle
Geaney
09/08/2022

004800
Breda
Rogers
09/08/2022

004334
Marie
Ryan
09/08/2022

003626
Susan Margaret
Mullane
09/08/2022

008108
Ronan
McMahon
09/08/2022

000545
Niall
Hayes
09/08/2022

000017
Brendan
Barry
09/08/2022

026225
Thomas
Oluwasgun
18/08/2022

025099
Jamilu
Salisu Ahmad
18/08/2022

023862
Stephen
Sharang
18/08/2022

007457
James
McKeon
18/08/2022