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DIGITISING YOUR ACCOUNTING SYSTEM BRINGS TANGIBLE BENEFITS

By Dave Hickey F.C.A. A business leader should maintain a comprehensive view of the financial status of their business at all times. This will allow them to make informed and timely decisions, maintain stability, and respond quickly to changing business situations. We identify 5 immediate benefits of moving to a cloud-based digital accounting platform. A …

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Passing on the baton in a family business. Succession planning.

PASSING ON A FAMILY BUSINESS

Most businesses in Ireland are SME’s and many are family-owned. At some stage the founder or current owners will need to consider succession planning and retirement, whether it’s passed on to another generation or sold outside the ‘family’. By Dave Hickey F.C.A. Why is a succession plan so important? Life happens—and unless you have a …

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Changes to CRO filing requirements will provide more transparency on directors' identities

CRO CHANGES WILL PROVIDE MORE TRANSPARENCY FOR IDENTITIES OF DIRECTORS

From next month (May 2023) returns to the CRO which include directors’ details will need to include the PPS No (or equivalent) for each director. This will reduce duplication of individual directors and help tackle fraud. DHKN’s head of Corporate Governance & Compliance, George Alton, outlines the changes, their impact and what you need to …

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