Here are just some of the highlights of 2022 and we look forward to all that is to come in 2023:
The National Accounting Competition in association with Quitch
CPA Ireland partnered with Quitch, an award-winning mobile learning app to bring a new and exciting competition to all third level students studying accountancy on the Island of Ireland. The 10-week competition was a great success with the overall winner coming from TUS Athlone. We look forward to working with Quitch again for the 2023 National Accounting Competition kicking off in February.
CPA Ireland was delighted to host two virtual conversations. CPA Ireland President, Aine Collins had the honour to speak with Mairead McGuinness, European Commissioner for Financial Services, Financial Stability and Capital Markets Union. The other conversation was with Minister for Finance Paschal Donohue. Both virtual events were very well received, and we thank all those involved and in attendance for contributing to this success.
Digitalisation Hub made accessible for all
Following the success of the CPA Ireland Digitalisation hub for our members, the decision was made to make the hub accessible to all, allowing CPA Ireland members to share this resource with their clients, colleagues, and trainees.
CPA Ireland Sponsored Research
CPA Ireland encourages and supports research to develop and enhance the profession of accounting and the advancement of knowledge for all stakeholders, and issues calls for research every two years. Following the 2020 call for research, two projects were funded. The first “Preparing Auditors for Professional Practice, testing the extent to which Professional Scepticism levels change following completion of an auditing module” by Dr. Margaret Healy UCC, Dr. Brid Murphy DCU , Dr. Claire O’Sullivan-Rochford MTU Cork & Professor Ray Donnelly UCC. And the second “Social Value Reporting in Irish Credit Unions” by Dr. Martin Quinn, Queen’s Management School and Dr. Peter Cleary, UCC.
The signing of a Mutual Recognition Agreement (MRA) with the American Institute of CPA’s (AICPA)
On the 31st of May 2022, a mutual recognition agreement was signed between CPA Ireland and the International Qualifications Appraisals Board in the USA. The MRA will provide an abbreviated qualification pathway for eligible accounting professionals in the U.S. and Ireland to practice in the partner countries. This recognition furthers global opportunities for Irish CPAs, adding to the current six MRAs CPA Ireland have.
Partnership with Chartered Institute of Internal Auditors
With great pleasure, CPA Ireland announced a new partnership with the Chartered Institute of Internal Auditors (CIIA). Members of CPA Ireland now have the option to join the Chartered Institute of Internal Auditors by passing the online CIA challenge exam and satisfying the qualifications for good standing.
Launch of The Sustainability Hub
To ensure that CPAs are at the forefront of Sustainability, CPA Ireland launched a new interactive and practical Sustainability Hub to help guide members and students to develop sustainability strategies for business. This initiative has been met with great enthusiasm and we thank CPA Ireland Skillnet for their support on this project.
Return of In Person Events
During the final quarter of the year CPA Ireland ran three in person networking events, the President’s Business Breakfast in Cork as well as two Women in Business events, one in Cork and one in Dublin and held the first fully in person conferring ceremony in three years. The positive atmosphere, the enjoyable networking and the exceptional speakers all contributed to these wonderful events and reminded us of the great community we have at CPA Ireland.
We look forward to all that is to come in 2023.