Increase your Productivity in Minutes

Peter Gollwitzer, a New York University psychology professor, conducted  studies in the 1990’s to test implementation intentions. In one study he asked his university students to write a report on how they had spent Christmas Eve no later than 48 hours after that day. But he asked only half the students to write down just when and where they planned to work on the essay. When he finished his study he found that of the students who didn’t write down when and where only 32% successfully delivered their essay. The success rate of students who wrote […]

What Qualifiction does a Company Secretary Need?

Company Secretary Qualifications

The secretary of a private company is not required to have any formal qualifications. However, the directors must take all reasonable steps to ensure that the secretary has the skills necessary to discharge his/her statutory and other legal duties and such other duties as may be delegated to the secretary by the directors. Directors of a public limited company must take all reasonable steps to ensure that the secretary is a person who appears to them to have the requisite knowledge and experience to carry out the functions of secretary and who: for at least three […]

The 5 Biggest Accounting Mistakes Made by SME’s

5 SME mistakes

The following article (slightly edited by me) was recently published in the US by CPA Practice Advisor and is as relevant here as in Trumpland: “Small business owners face numerous everyday challenges, and they usually conquer them with their entrepreneurial strength. Unfortunately, keeping the books on their growing business is not a skill someone can simply persevere through and get it right. And the potential consequences of messing up on the accounting functions can have serious consequences when it comes to the success or failure of a business. The founders of the cloud accounting system Freshbooks […]

What the Experts Said

Personally I am always ready to learn, although I do not always like the thought. Winston Churchill. The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint enough to keep from meddling with them while they do it. Theodore Roosevelt. Whoever desires constant success must change his conduct with the times. Niccolo Machiavelli. Nothing stops an organisation faster than people who believe that the way they worked yesterday is the best way to work tomorrow. To succeed, not only do your people have to […]

Careers – Tax Senior Wanted!

Due to continued expansion we have some exciting opportunities available in our tax department. Tax Senior The role We’re looking for a qualified tax professional with experience in all areas of tax. The role is full-time and will include managing tax compliance, undertaking tax planning exercises and other ad-hoc tax work. Who we are We’re a highly regarded 2-partner professional accountancy and tax firm based in Cork city. We have a diverse client base and provide services to SMEs across all ranges of business sectors. We take great pride in delivering a pro-active, value added service […]

Careers – Tax Trainee Wanted!

Due to continued expansion we have some exciting opportunities available in our tax department. Tax Trainee The role We’re looking for a ‘starting-out-in-tax’ trainee or a part-qualified tax professional with some experience in tax. The role is full-time and will include dealing with various aspects of tax compliance work. Who we are We’re a highly regarded 2-partner professional accountancy and tax firm based in Cork city. We have a diverse client base and provide services to SMEs across all ranges of business sectors. We take great pride in delivering a pro-active, value added service to our […]

5 Ways To Save Yourself The Pain Of Tax Mistakes

Making mistakes when it comes to tax and dealing with Revenue can be costly. Here are 5 ways to save yourself some of that pain. 1. File and pay on time Missing deadlines for filing returns or paying tax can be costly. In many cases penalties apply. Also, failing to comply with deadlines increases the risk of you getting a Revenue audit. In some cases Revenue have the right to make an assessment of the tax owed, and then it can be stressful to appeal and sort the correct liabilities. Deadlines are published well in advance […]

The Transatlantic Economy – What It Means For Irish Businesses…

A report recently issued on the Transatlantic Economy makes for interesting reading for Irish businesses. The report is written largely from the U.S. perspective, but outlines the importance of the trade in both goods and services between the U.S. and the European Union. In part it shows how the U.S. is a key trade partner for Ireland. The U.S. accounts for 49% of Irish exports outside the EU and 33% of its outside the EU imports. The relationship continues to develop since in 2014 Irish imports from the U.S. grew by 17.9% and exports grew by […]

Time Management – Three Simple Ways To Make More Time

The stresses of daily modern life and running a business or doing a job effectively mean that most of us struggle to get enough time to do everything. So here are 3 ways to create more time for yourself. Not everything stated will work for everybody, but try them out, customise them and see what works for you. Accept That You Do Not Have Time For Everything For many of us, we take the view that if we can only just clear all our tasks we will be able to relax. We defer pleasure or relaxation […]

Are You Using The 80/20 Principle?

For many businesses an 80/20 analysis can be very beneficial. What is it? And how could you use it in your business? What Is It? The idea behind the 80/20 principle is that the relationship between causes and effects is not balanced. That 80% of the results come from 20% of the effort. 80% of the consequences come from 20% of the causes. This is not perhaps what you would expect, but it has been proved to be remarkably accurate. Why “80/20”? The phrase ‘80/20’ has become a form of shorthand and the relationship is not […]

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