EisnerAmper Ireland – investment & strategy update

EisnerAmper Ireland’s Partner group are pleased to have agreed an investment from MML Growth Capital Partners Ireland Limited (“MML Ireland”).  The investment supports the development and expansion of our Irish and international service and software solution offering.  It also supports our updated long-term partner equity capital model. 

This investment will see MML Ireland become a minority shareholder in EisnerAmper Ireland; we will continue to be majority owned and led by our existing partner group.    

MML Ireland has a well-established track record for partnering with leadership teams and investing in well-run Irish businesses which, with strategic capital support, can realise their development and growth ambitions and better serve their markets.   

At EisnerAmper Ireland we focus on creating an environment and culture that enables our Happy, Healthy & Productive team deliver high-quality services and solutions to our clients.  MML Ireland’s investment will support us in continuing to attract top talent and developing the best team, both in our Dublin office and our soon to be opened Ireland West office in Sligo. 

Our mission is to design and deliver sustainable services and solutions to make trade happen.  Our niche strategy is to provide innovative solutions and specialist services to specific markets in key global financial services and international trading hubs – incorporating design thinking and technology as a fundamental part of how we “Make Trade Happen”.  This investment by MML Ireland allows us to accelerate the execution of these strategic plans.  MML Ireland is a strong fit for EisnerAmper Ireland given their ethos, rooted in a collaborative, commercial mindset built on trust.   

EisnerAmper Ireland hosts Christmas Party and ‘Doing Great Work Awards’ for 2024

We were delighted to hold our annual firm Christmas Party and the ‘ EAI Doing Great Work Awards’ at The Merry Ploughboy in the foothills of the Dublin mountains.  

The “EAI Doing Great Work Awards” celebrates the outstanding contributions of our team members who exemplify our commitment to excellence.  This year, we proudly recognised eight employees who demonstrated their passion for “doing great work” across the four key areas of Quality, People, Operational Excellence, and Growth.  These awards reflect our shared dedication to supporting each other, delivering exceptional service to our clients, and making a positive impact in our communities. 

Quality Award   

• Aileen MacDonagh, Senior Manager, Audit  
• Gavin Redmond, Director, Accounting & Compliance  

People Award  

• Conor O Gorman, Supervisor, Accounting & Compliance 
• Kevin Keane, Senior, Audit  

Operational Excellence Award   

• Alex O’Meara, Intern, Audit 
• Nicola Keogh, Payroll Manager, Audit 

Design Thinking & Growth Award   

• Alex Pierce, Manager, Audit 
• Clara Andrade, Trainee, Audit 

A big thank you to the members of our team and to the Merry Ploughboy who organised and facilitated such a festive and fun afternoon. 

Leinster Society of Chartered Accountants Annual Christmas Lunch 2024

Members of our team were thrilled to attend the Chartered Accountants Leinster Society Annual Christmas Lunch, where each guest contributed a toy to be distributed among up to 10 children’s charities.  Attendees also had the opportunity to buy raffle tickets in support of Debra Ireland, a worthwhile charity who support people who live with EB, also known as Butterfly Skin.  It was a fantastic afternoon, offering the chance to reconnect with many friends of the Firm while supporting truly meaningful causes. 

EisnerAmper Ireland hosts Exclusive Screening of Moana 2

EisnerAmper Ireland was delighted to host a special screening of Moana 2 on Saturday afternoon in Movies @ Dundrum for friends of the Firm and their families. 

This highly anticipated sequel continues the inspiring story of Moana, a fearless wayfinder who embarks on a new adventure to protect her island and her people, overcoming challenges with courage, determination, and the help of her friends. 

The screening was a wonderful occasion, offering an enjoyable afternoon filled with laughter, inspiration, and connection.  It also provided an excellent opportunity for friends of the Firm to reconnect with members of our team and share in the magic of this exclusive screening. 

EisnerAmper Ireland Attends the Annual EisnerAmper Partner Advance

Members of the Partner group attended the Partner Advance, a premier networking event bringing together all EisnerAmper US Partners and EA Global partners.  The event provided an excellent opportunity to share knowledge, gain insights into each other’s businesses, and explore collaborative opportunities with over 400 partners in attendance. 

New Partner Appointment at EisnerAmper Ireland

EisnerAmper Ireland are delighted to announce that Paul Traynor has been appointed Partner and Head of our Governance, Risk & Compliance practice.  Paul will lead our practice team’s delivery of governance, risk and regulatory services and solutions, including internal audit, to our domestic and international financial services clients.  

Paul has over 30 years’ financial services industry and practice experience with leading global advisory and financial services firms.  Most recently, Paul led the Asset Management Advisory practice of EY in Ireland.  A leading voice in the industry, Paul has also served on numerous industry committees.   

Paul brings a wealth of experience to EisnerAmper Ireland delivering and managing complex governance, risk, regulatory and compliance solutions for domestic and international financial services clients.   

Paul Traynor, Partner, commented:   

“I am excited by the firm’s ambition, position and growth.  EisnerAmper’s reputation within the Financial Services sector is testament to the great people behind that success.  The team’s focus, methodology-led delivery approach and smart use of technology to build reusable software assets and enable client delivery will, I have no doubt, power our success into the future.  I also look forward to connecting with our EisnerAmper colleagues and clients globally” 

EisnerAmper Ireland CEO, Attracta van Rensburg, commented: 

“On behalf of EisnerAmper Ireland, I am delighted to announce the appointment of Paul Traynor.  Paul’s impressive track record, coupled with the breadth and depth of his leadership in the financial services sector will play an important part in the development and expansion of our services and solutions to our financial services clients and markets. 

I congratulate Paul on his appointment, I look forward to working with him and wish him every success.”  

EisnerAmper Ireland Chair, Alastair Mac Donald, commented: 

“Paul’s appointment represents a further strengthening of our Governance Risk & Compliance team while adding significant experience, expertise, and leadership to our Partner group.  Paul’s appointment aligns with our strategic focus upon delivering market-leading services and solutions via a combination of deep industry knowledge, well-defined methodologies, and cutting-edge technology.”   

About EisnerAmper Ireland  

EisnerAmper Ireland is a specialist firm of accountants, auditors, tax advisors and risk & regulatory experts.  It has a niche focus on the financial services and international trade markets.  

EisnerAmper Ireland is a founding member of EisnerAmper Global, a specialist network of independent member firms operating via global international trading and financial services hubs. 

Being part of EisnerAmper Global gives clients access to the experience and expertise of EisnerAmper’s 450 Partners and 4,000 professionals across the United States and key trading hubs globally. 

EisnerAmper Ireland Hosts The Academy 2024

At EisnerAmper Ireland, our commitment to the professional growth of our team is at the heart of everything we do.  Each year, we host The EisnerAmper Ireland Academy, our annual all-staff residential training program, which plays a pivotal role in accelerating our professionals’ development.  The Academy is more than a training day; it is an immersive experience designed to empower our staff with the tools, knowledge, and inspiration to excel as not just accountants but as exceptional advisers and practitioners. 

This year the EAI Academy embraced the theme “The Art of Practice”, showcasing our firm’s distinctive approach to nurturing the current and next generation of accounting practitioners.  The two-day program offered a dynamic mix of interactive workshops, technical training sessions, and knowledge-sharing exercises.  Each session was thoughtfully crafted to enhance participants’ skills and provide valuable insights into becoming outstanding professionals in today’s fast-evolving industry. 

One of the highlights of this year’s Academy was its focus on practical application and collaboration.  Through real-world case studies, team exercises, and thought-provoking discussions, participants gained a deeper understanding of the principles that underpin exceptional client service and innovative problem-solving.  This hands-on approach not only honed technical expertise but also reinforced critical interpersonal and advisory skills, essential for success in client engagements. 

We heard from Claire Byrne, CEO of St Raphael’s Garda Credit Union, who shared insights from her career journey and provided a unique client’s perspective on working with EisnerAmper Ireland.  This discussion underscored the importance of understanding client needs and maintaining strong, collaborative relationships in delivering exceptional service. 

The Academy also provided a unique opportunity for networking, bringing together professionals at all levels of the firm.  This collaboration fosters a culture of shared learning and mentorship, ensuring that each team member feels supported in their journey towards becoming a leading practitioner. 

We would like to extend our heartfelt thanks to Claire Byrne and  everyone who participated in the EisnerAmper Ireland Academy 2024.  EisnerAmper Ireland remains committed to investing in our people and building a workplace where talent thrives.  The EisnerAmper Ireland Academy 2024 exemplified our dedication to equipping our team with the skills, confidence, and mindset to lead with excellence in a competitive industry. 

Navigating the Supervisory Review and Evaluation Process – SREP

At EisnerAmper Ireland, we are committed to providing practical, hands-on guidance that empowers our clients to navigate complex regulatory landscapes with confidence.  In collaboration with the Irish MiFID Industry Association (IMIA), we hosted an event focused on one of the most critical regulatory assessments for financial services firms—the Supervisory Review and Evaluation Process (SREP).  

This event was designed to offer participants practical insights into how firms can effectively prepare for and manage a SREP engagement with the Central Bank of Ireland (CBI).  Our expert panel shared invaluable advice drawn from our extensive experience supporting clients through every stage of the SREP process. 

Key Topics: How to Prepare and Excel During a SREP Review 

The panel, featuring Frank Keane, Partner, Risk & Regulatory; Carina Myles, Partner, Governance, Risk & Compliance; and Ronan Murphy, Partner, Head of Internal Audit, led a discussion on how firms can best prepare for a SREP visit.  The session covered essential topics such as:

Documenting Your Strategy and Business Model Risk Assessment:

Ensuring that your firm’s strategy and risk assessment are thoroughly documented and aligned with your business model is crucial for meeting regulatory expectations.  The panel shared industry practices on how to approach this critical step.  Regulators are alive to incongruence between the strategy and the risk assessment.

Evaluating Internal Governance & Risk Management Frameworks:

A key component of the SREP is the assessment of internal governance structures and risk management frameworks.  The team offered insights into how firms can strengthen these areas to meet CBI standards. Regulators will be looking for evidence of an adequately assessed control environment.  Regulators will have an expectation that Internal Audit functions follow –up proactively on their own findings and those of Supervisors, along with any remedial actions taken in response – and to report back to Boards on this process.

Preparing Your Internal Capital Adequacy and Risk Assessment Process (ICARAP):

The ICARAP forms the backbone of a firm’s ability to manage capital adequacy and risk.  Our team discussed how to ensure this document accurately reflects your firm’s risk profile and capital needs.  Reliance on undocumented or informal governance processes will not satisfy Regulators.  

Best Practices and Client Support 

Throughout the event, our panel emphasised the importance of preparation for a SREP review.  Key takeaways included strategies for: 

– managing the feedback received from CBI post-review; 

– implementing ongoing improvements based on regulatory insights; and  

– continuously evolving internal frameworks to stay compliant. 

 With experience guiding clients through their SREP reviews, EisnerAmper Ireland’s Risk & Regulatory, Governance, and Internal Audit teams are uniquely positioned to support firms at every stage of the process. 

We understand the complexities of regulatory compliance and risk management.  Our dedicated teams provide a comprehensive suite of services, including: 

– Risk & Regulatory Advisory: Helping clients navigate the evolving regulatory environment and ensuring compliance with CBI and MiFID regulations. 

– Governance, Risk & Compliance: Designing and implementing robust governance frameworks that support long-term success. 

– Internal Audit Services: Providing independent reviews and assessments to strengthen internal controls and ensure effective risk management. 

If your firm is preparing for a SREP visit, or if you have recently undergone one, our expert partners – Frank Keane, Carina Myles, and Ronan Murphy – are available to provide guidance and support throughout the entire process. 

We are committed to helping our clients excel in their regulatory obligations while driving strategic growth.  Thank you to all who joined us, and we look forward to continuing these important conversations with our clients and industry peers. 

Ronan Murphy, Partner, Head of Internal Audit, Carina Myles, Partner, Head of Risk & Regulatory & Frank Keane, Partner, Risk & Regulatory

EisnerAmper Ireland Sponsors ‘Grace’

EisnerAmper Ireland was proud to sponsor Grace, a compelling play by Jody O’Neill, at the Pavilion Theatre in Dún Laoghaire on Saturday, September 28th.  Produced by Once Off Productions, Grace tells the heartwarming story of a young girl’s unique bond with her father after his sudden passing, offering a fresh perspective on family and connection. 

The play stood out for its commitment to inclusivity, with a relaxed format designed for individuals with sensory sensitivities, along with captions and audio descriptions to enhance accessibility for all audience members. 

After the performance, we were delighted to connect with cast members Eleanor Walsh and Grace Kiely, Maura O’Keeffe of Once Off Productions, and playwright Jody O’Neill.  

At EisnerAmper Ireland, we are dedicated to supporting the arts and fostering creativity within our community, and we look forward to continuing our sponsorship of initiatives that bring people together. 

Beyond Limits: Empowering Your Career Through Financial Literacy

EisnerAmper Ireland had the privilege of hosting the 100 Women In Finance (WIF) Q3 event, Beyond Limits: Empowering Your Career Through Financial Literacy, at The Museum of Literature Ireland (MoLI).  The event brought together professionals to explore how financial literacy can be a driving force in overcoming career barriers and seizing new opportunities. 

The event began with a warm welcome from Alastair MacDonald, Chair of EisnerAmper Ireland, and Ciara McGuinness, 100 WIF committee member.  They highlighted the significance of the upcoming National Financial Literacy Strategy from the Department of Finance Ireland, which will further promote the importance of financial awareness at both personal and professional levels. 

Our speakers included Attracta van Rensburg, CEO of EisnerAmper Ireland; Catherine Guy, CEO of Nifti Business; and Colin Murphy, playwright and journalist.  Each shared invaluable insights into how financial literacy shaped their professional journeys, helping them to navigate complex career transitions, overcome obstacles, and embrace new roles.  Their stories resonated deeply with attendees, showcasing financial literacy not only as a tool for financial management but as an enabler of confidence and growth.  

The event was further enriched by a special moment when award-winning actress Jane Brennan joined Colin Murphy on stage to perform a scene from his play The Treaty.  This powerful performance underscored the importance of having women in the rooms where decisions that shape the country, industry, and careers are made.  

In her closing remarks, Niamh Geraghty, 100 WIF committee member, reflected on the key takeaways from the event, reminding us of the power of financial literacy to drive career empowerment and progression.  The event concluded with a networking session, allowing attendees to continue their discussions in the beautiful surrounds of MoLI. 

This event was not just a celebration of financial literacy but also a call to action for more women to be present where key decisions are made.  We are grateful for the opportunity to facilitate such an empowering and insightful event and look forward to supporting more initiatives that inspire career growth and financial confidence. 

EisnerAmper Ireland Sponsors K Club Ryder Cup

EisnerAmper Ireland sponsored the IFSC Golf Society’s final event of the year at the K Club Ryder Cup course.  David Carroll hosted the afternoon where members competed for Captain Dave Carroll’s Prize.  The attendees enjoyed a memorable day of golf, networking, and friendly competition to wrap up the season.    

David Carroll, Partner, Head of Aviation & David Dunne, Director, Accounting & Compliance

EisnerAmper Ireland Welcomes Their 2024 Graduate Trainees

We were excited to welcome the newest members of our team as part of the 2024 Graduate Programme at EisnerAmper Ireland in September.  They completed a comprehensive 2-week on-site Induction Programme, which covers technical training, practical on-the-job experience, and soft skills development.  Our new Trainees gained experience in each of the Audit, Accounting & Compliance, and Tax departments. 

From day one, our Trainees collaborate closely with Partners and Senior Management to deliver tailored services and solutions to our key markets.  This hands-on approach ensures they gain practical experience while developing the knowledge, skills, and confidence needed for long-term career success. 

If you’re looking to kick-start your career in audit, accountancy, or tax with real-world, hands-on experience at a firm that values and nurtures dedication and commitment, EisnerAmper Ireland is the perfect place for you. 

To read more about Life in EisnerAmper and our career opportunities click here.