by John McCarthy Consulting Ltd. | May 23, 2019 | Blog, News
The GDPR is in place one year on 25 May 2019. How up to date are you on the application of the new data protection rules? Try this quick question. Is ‘storing data’ included in the definition of the term ‘processing’ as far as the GDPR is concerned? True or False?
To find out the correct answer, watch our webinar called ‘GDPR for Accountants’ where you may download the slides and support materials, all for just €45. On successful completion, receive a CPD certificate for your newly acquired knowledge. Well done!
The webinar is 54 minutes long and covers the basics of data protection from an accountancy practice angle. It may be viewed anytime for up to a year from date of purchase and covers the following key areas:
- Background to the data protection legislation;
- The Six Principles of GDPR (or is it Seven?);
- Changes to data processing responsibilities;
- New/enhanced data subject rights;
- New data governance obligations;
- Data breaches and new notification requirements; and
- An Action Plan to get your compliance up to date.
There are 18 other webinars on various topics – also for €45 each, or you may purchase two at the same time for €80 or five for €190.
All our webinars are accessible at any time (for 12 months from date of purchase) here.
We have also prepared, ready to use, several engagement and representation letter templates (in Word format) for many types of assignment, which help reduce misunderstandings about engagement scope and liability. These are available to purchase online (bulk purchases of 5 or more templates attract a 20% discount), please click on the relevant links.
Some shown here may be of interest to you:
by John McCarthy Consulting Ltd. | May 16, 2019 | News
There are five fundamental principles of the Code of Ethics for accountants who are members of all the different professional bodies. These are Integrity, Responsibility, Professional competence and due care, Confidentiality and Professional behaviour. True or False?
The answer is ‘False’.
To find out the correct answer, see our webinar called ‘Ethics for Accounting and Audit’ where you may download the slides and support materials, all for just €45. On successful completion, receive a CPD certificate for your newly acquired knowledge. Well done!
The webinar, is 62 minutes long, covers audit ethics and non-audit ethics separately. It may be viewed anytime for up to a year from date of purchase and includes the following key areas, among others:
- Brief introduction to ethics;
- Five Fundamental Principles;
- Conceptual Framework for decision making;
- Case studies for non-audit situations;
- Auditors’ Ethical Standard (Ireland); and
- Case studies.
There are 18 other webinars on various topics – also for €45 each, or you may purchase two at the same time for €80 or five for €190.
All our webinars are accessible at any time (for 12 months from date of purchase) here.
We have also prepared, ready to use, several engagement and representation letter templates (in Word format) for many types of assignment, which help reduce misunderstandings about engagement scope and liability. These are available to purchase online (bulk purchases of 5 or more templates attract a 20% discount), please click on the relevant links.
Our latest additions may be of interest to you:
by John McCarthy Consulting Ltd. | May 14, 2019 | Blog, News
Revaluation gains on tangible fixed assets go through the Profit & Loss Account. True or False? The answer is ‘False’.
To find out where revaluation gains on tangible fixed assets are presented, see our webinar called ‘Common Errors in FRS 102 Accounting’ where you may download the slides and support materials, all for just €45. On successful completion, receive a CPD certificate for your newly acquired knowledge. Well done!
The webinar, is 51 minutes long, and may be viewed anytime for up to a year from date of purchase, covers the following key areas, among others:
- Directors’ loans – the new rules on amortisation since 1 January 2019;
- Investment property revaluations;
- Statement of Changes in Equity (SoCE);
- Tangible fixed assets revaluations;
- Depreciation not charged;
- Going concern and break-up;
- Deferred tax gone missing;
- Areas of judgement and estimation uncertainty;
- Turnover accounting policy;
- Stocks/inventory accounting policy; and
- Disclosing the functional currency.
There are 18 other webinars on various topics – also for €45 each, or you may purchase two at the same time for €80 or five for €190.
All our webinars are accessible at any time (for 12 months from date of purchase) here.
We have also prepared, ready to use, several engagement and representation letter templates (in Word format) for many types of assignment, which help reduce misunderstandings about engagement scope and liability. These are available to purchase online (bulk purchases of 5 or more templates attract a 20% discount), please click on the relevant links.
Our latest additions may be of interest to you:
by John McCarthy Consulting Ltd. | Apr 29, 2019 | Blog, News
It doesn’t matter what is stated on your fee invoices. It’s more important what is in your working papers and correspondence files. True or False?
The answer is ‘False’.
The best advice is to make sure your fee notes match the scope of the engagement as embellishment could result in fraud risks.
To find out more about the latest best practice in avoiding negligence claims, go see our online webinar entitled How Best can Accountants’ Avoid Negligence Claims? where you may download the slides and support materials, all for just €45. On successful completion, receive a CPD certificate for your newly acquired knowledge. Well done!
The webinar, which may be viewed anytime for up to a year from date of purchase, covers the following areas:
- Recent cases against accountants;
- Where do claims commonly arise;
- Areas of greater risk for accountants;
- Avoiding claims;
- What if scenarios – 4 different scenarios;
- What to do if a claim/incident occurs; and
- Action plan to avoid claims in the future.
There are 18 other webinars on various topics – also for €45 each, or you may purchase two at the same time for €80 or five for €190.
All our webinars are accessible at any time (for 12 months from date of purchase) here.
We have also prepared, ready to use, several engagement and representation letter templates (in Word format) for many types of assignment, which help reduce misunderstandings about engagement scope and liability. These are available to purchase online (bulk purchases of 5 or more templates attract a 20% discount), please click on the relevant links.
Our latest additions may be of interest to you:
by John McCarthy Consulting Ltd. | Apr 29, 2019 | Blog, News
Tax advocacy is now banned for all audit clients. True or False?
The answer is ‘False’.
To hear why this is false and find out what exactly are the rules surrounding an auditor helping an audit client argue a case with the Revenue Commissioners, go see our online webinar entitled Audit Update where you may download the slides and support materials, all for just €45. On successful completion, receive a CPD certificate for your newly acquired knowledge. Well done!
The webinar, which may be viewed anytime for up to a year from date of purchase, covers the following areas:
- IAASA Audit and Ethical Standards April 2017;
- Planning and independence;
- Fraud;
- Materiality;
- Analytical review and sampling;
- Fixed assets, Debtors, Stock, Bank and Creditors;
- Financial statements review;
- Law and regulations;
- PBSE, Going Concern;
- Audit report;
- The ‘Bannerman’ paragraph;
- Issues on PSD visits; and
- International Education Standard 8 (IES 8).
There are 18 other webinars on various topics – also for €45 each, or you may purchase two at the same time for €80 or five for €190.
All our webinars are accessible at any time (for 12 months from date of purchase) here.
We have also prepared, ready to use, audit engagement and representation letter templates (in Word format) for a company audit assignments, available to purchase online (bulk purchases of 5 or more templates attract a 20% discount), please click on the relevant links.
