What Changes will the Companies (Accounting) Bill 2016 introduce?

Accounting Act 2017

By Sinead Floody, 16th Nov 2016 The Companies (Accounting) Bill 2016 (the Bill) has recently been published which, if enacted, will give effect to Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements of Irish Companies. The Bill also recommends some amendments to the Companies […]

How to check if your business is safe from the digital hacking threat?

image of cyber security

By Simon O’ Connor, 18th October 2016 Cybersecurity breaches continue to be a hot topic amongst businesses. With companies gathering more and more information on their customers, there is an increased risk of damage to those individuals should a company suffer a security breach due to digital hacking. This information could potentially have a financial […]

New Disclosure Requirements for Share Ownership

Beneficial ownership explaination

By Simon O’ Connor, 13th Oct 2016 (Updated 22nd March 2018) On May the 20th 2015, The Fourth Anti-Money Laundering Directive was introduced by the European Parliament. Although the directive has not to date been fully implemented into Irish Law it is now mandatory for companies to keep and maintain beneficial ownership register. This is one […]

Should Central Bank regulated entities convert to a DAC or LTD?

By Andrew Lambe, 12th August 2016 With the Company Act 2014 conversion deadline fast approaching, we are seeing an influx of enquiries from Central Bank regulated entities including Undertakings for Collective Investment in Transferable Securities (UCITS) management companies, Alternative Investment Fund Managers(AIFM’s), depositaries and investment firms, insurance brokers and financial services companies who are unsure […]

What is an Annual General Meeting (AGM) and does my company need to hold one?

Annual General Meeting

By Sinead Floody, 20th July 2016 (Updated 19th Sept 2019) The purpose of the Annual General Meeting (AGM) is to allow the members of the company to ask questions, meet the directors, approve the accounts and get information about the company. As the term suggests, the Annual General Meeting (AGM) is held once per year. Chapter […]

Revising Financial Statements under the Companies Act 2014

By Simon O’ Connor. 16th June 2016 The Companies Act 2014 has introduced new provisions which allow for the revision of financial statements. Previously not permitted under the Companies Act, directors may now adjust financial statements even if they have already been submitted to the Companies Registration Office (CRO). The Act has introduced two options […]

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