JUNE 2008REPUBLIC OF IRELAND

Are you the best in your game?Developing and sustaining

high performance

CONTENTS

networknews feature

LocaLIrIsh news

BrancheVents

student serVIces

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A PROGRAMME OF EVENTS WITH A FULL EVENT LISTING AND VENUE DETAILS CAN BE FOUND ON THE BACK PAGE.

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Notice of CIMA Ireland’s inaugural annual conference cIMaIreland’sinauguralannualconferencewilltakeplaceonthursday2october2008inucdo’reillyhall,Belfield,dublin4.

theinternationalconference,titled‘worldclassfinancialmanagement’,willbeheldinpartnershipwithenterpriseIrelandandinassociationwithuniversitycollegedublin,andwillfocusonhowleadershipandproactivefinancialmanagementtogetherdrivesuccessininternationalanddomesticmarkets.

theconferencewillbeofinterestandvaluetoallcIMamembersandtotheirseniormanagementcolleagueswithresponsibilityforleadership,strategicdevelopmentandfinancialmanagementincompanies,inparticularceos,cfos,functionheadsandmanagersinbusinessacrosseverysectoroftheeconomy.

Further information and booking details will be dispatched shortly.

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Developing and sustaining high performance

NETWORK NEWS FEATURE

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What is it that the best in their game, in business and sport, do to ensure that

they consistently outperform their peers? What lessons can we take from high

performers and apply to our businesses? These questions lie at the heart of

research carried out by Genesis, the Ireland and UK based strategy consultants.

Roy Keane reckoned okay wasn’t okay either when it came to team preparation and training facilities at Saipan in the 2002 World Cup. His stand against complacency and perceived low standards saw him depart the Ireland team in what has to be the sporting controversy of the decade. Irish rugby fans have similarly questioned the lukewarm performance standard of the national team throughout the IRB Rugby World Cup last year and the 2008 RBS 6 Nations championship.

Brian MacNeice, Genesis Director is clear. ‘Group performance is as much, possibly more, a product of the culture created by the leadership (or coach) as it is the sum of the individual player talents and capabilities. In other words, you can have a competent set of players who can be motivated and coached to achieve brilliant things as a team. On the other hand, the most superlative talents can languish in an unsupportive environment and at the mercy of misguided coaches and managers.’

Genesis highlighted a number of lessons business and individuals can take from the best in international sport on how to create a performance culture that will get the best out of people.

Engage people behind a clear inspiring purpose

clivewoodward,formerenglandrugbyinternationalcoachandnowdirectorofelitePerformancefortheBritisholympicassociation,hastalkedabouthaving‘unreasonableambition’.Lancearmstrong,inremissionfromcancer,wasinspiredbyhiscoachtonotonlytoundertakethetourdefrance,buttosethissightsonwinning.suchclearvisionandunreasonableambitionpropelledhimtohisunparalleledrecordofsevenwins.thesameappliestobusiness–givepeopleavisionthatinspiresandtheywillrisetothechallengeandachieveextraordinarythings.takethecaseoftheBBc’sdigitalteam,who,facedwiththechallengeofsky’serosionoftheirviewingaudience,wasgalvanizedbyaferociousambition–toput�0yearsofarchiveonlineforBBcdigital.Bigvisionenergisespeople.

Define what success depends on

Ifyouwantthegoldmedal,whatdoyouhavetodotogetit?soniao’sullivansucceededbyfocusingonwhereshecanbethebest-mentalstrengthandphysicalfitness.companies,too,mustidentifywhatittakestobethebestintheirsector,andtranslatetherequiredstandardsintokeyperformanceindicatorsineachrole.foramazon,successrestsonspeedofdelivery–otherwisecustomerswouldjustgototheirlocalbookstore.

Set high standards to drive innovation and continuous improvement

roykeanehadapoint.theferrarif1teamsucceedsbecauseitunderstandsthedangerofcomplacency.theyknowthataonesecondlapadvantage(whichismassive)willbeerodedinaboutsixweeksonthecircuitiftheystandstill.

Give people responsibility

whatmakeshighperformingteamssohardtobeatisthatindividualsatalllevelstakeresponsibilityforperformance.theycreateleadershipatalllevelsbygivingpeopleresponsibilitythatwillchallengethemtobringouttheirfulltalents,andsupportthemwithcoachingandmentoring.the2006rydercupisagreatexampleofthis–thecupwaswonbyeachplayertakingresponsibilityforboththeirownperformanceanddoingwhatevertheycoulddotosupporttheperformanceoftheteam.Ianwoosnam’sroleasthecaptainwastocreatethatcultureintheteam.

Provide directed feedback, real-time

Ifhighstandardscreatethedriveforcontinuousimprovement,feedbackiswhatmakesitpossible.sportsapproachtotheuseoffeedbackispossiblytheareawherebusinesscanlearnmost.Inbusiness,howoftendopeoplegetfeedbackthat’sdetailed,analytical,whileencouragingandmotivatingthemtodobetter?withoutfeedbackhowcanyouexpectpeopleorteamstoimprove?

Develop the right teamwork environment

Peopleneedtoseetheirpartinthebiggerpicture,andthinkabouttheirindividualperformanceintermsoftheircontributiontothesharedobjectivesoftheteam.Britishcycling’sphenomenalrisetodominanceofthesport(winninghalfofthegoldmedalsonofferatthe2008worldchampionship)canbelargelyexplainedbytheteamworkbetweentheircoaches.theircommitmenttothecommongoalofbritishcycling’sdominancesupersededtheirownegosascoachesandthisleadsthemtocollaboratemore.tocreatetheconditionsforteamworkinbusiness,weneedtoemphasisetheimportanceofjointgoalsandencourage,evenreward,collaborativebehaviour.

togetafullsummaryofGenesis’researchpaperonthelessonsfromsportemail performanceinsight@genesisconsult.comorcontactBrian MacNeice,directorGenesison+353 1 8881888.

CIMA Republic of Ireland welcomed Lord Nigel Lawson as guest speaker for the 2008 annual dinner held at the Mansion House, Dublin, on 25 April 2008.thert.hon.LordnigelLawsonwasthekeynotespeakeratthecIMarepublicofIrelandannualdinnerwhereheaddressedover�00assembledcIMamembersandguests.

LordLawsonspokeabouttheglobalcostsoftacklingclimatechangeandstatedthattheenormouscostsassociatedwithattemptingtodealwiththeacceptedviewsonclimatechangewouldbebetterspentinotherareas,includingpovertyreliefandhealthimprovementsinthedevelopingworld.

hestatedthatpeoplewerefrightenedtospeakoutagainstacceptedviews.‘scientistsarenotallofonemindregardingtheeffectsofglobalwarning,butevenifthescienceiscorrecttheestimatesofthelevelofeffectaregreatlyexaggeratedandthecostofpromotingthepoliciesbeingputforwardareenormousandcouldbeputtomuchbetteruse.’

LordLawsonsaidthatthereisnowaneedforafullyformedviewofglobalwarming,coveringallaspectsoftheissue:thescience,theeconomics,thepoliticsandtheethicsallneededtobeexamined,andhesharedhisviewthatconventionalwisdomonthesubjectwassuspectonanumberofgrounds.‘Globalwarmingisnotthedevastatingthreattotheplanetitiswidelyallegedtobeandtheremedythatiscurrentlybeingproposed,whichisinanyeventpoliticallyunattainable,wouldbeworsethanthethreatitissupposedtoavert,’hesaid.

duringhisaddressLordLawsonalsorecountedstoriesofhistimeinthethatchergovernmentandinadditionhisviewsontheeuropeanandglobaleconomiclandscape.

InwelcomingLordLawson,theoutgoingPresidentofcIMaIreland,tiarnanoMahoneysaidthatasaprofessionalbodywhosememberswereatthecoreofthebusinessworld,theinsightsthatLordLawsonprovidedonglobalandeuropeaneconomicswereveryvaluable,andthathispositiononeconomicandpoliticalaspectsofclimatechangewerewell-informedandcarefullyandsuccinctlypresented.

Picturedabove:sirnigelLawson,exchancelloroftheexchequer,Berniecullinan,PresidentofcIMarepublicofIreland,tiarnanoMahoney,pastPresidentofcIMarepublicofIreland.

IrIshnews

CIMA Republic of Ireland Division welcomes its new President MsBerniecullinanhasbeenelected2008-2009PresidentofthecharteredInstituteofManagementaccountantsrepublicofIrelanddivision.

Berniecullinan,Bcomm,MBa,isafellowoftheInstitute,andiscurrentlyceoofclarigen,anemployeemanagementsolutionscompany.

BerniehasbeeninvolvedinindustryinIreland,ukandaustraliaforthepast20years,thelast10ofwhichhavebeenspentinthesoftwareindustry.sheistheimmediatepastchairmanoftheIrishsoftwareassociation.

Beforejoiningclarigen,Berniewasceoofsteeltrace,anIrishcompany,successfullysoldtocompuwarecorporationindetroit.forfiveyearspriortothis,sheoccupiedthepositionofceoofPerformixtechnologies.

Bernieiscurrentlyalsoanon-executivedirectorofsupplierforce,anIrishcompanywhichprovidesprocurementandsuppliermanagementsolutions.

InarecentinterviewabouthernewrolewithcIMainIrelandBerniesaid‘MyambitionasPresidentistobuildontheworkofmypredecessorsandhelptofurtherincreasetheprofileandunderstandingofcIMaasaprofessionalorganisationthatnotonlyoffersaninternationallyrecognisedprofessionalqualification,butisabodythathasatotalbusinessfocus’.

Picturedabove:outgoingPresidenttiarnanoMahoneywithBerniecullinan,cIMaIreland’s2008-2009President.

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IRISH NEWS

foracompleteeventlistingandfullvenuedetails,pleasegotothebackpage. foradvertisingopportunitieswithcIMaIrelandpleasecontactkate.o’mahony@cimaglobal.com

CIMA World Conference 2008InMay,the2008cIMaworldconferencewasheldincolombo,sriLanka.theconferencewasco-ordinatedbycIMasriLankadivisionandrevolvedaroundthefourpillarsofpeacebuilding,innovation,globalbrandingandleadership.

Johnhume,theonlyrecipientoftheworld’sthreemainpeaceaccolades–thenobelPeacePrize,theGandhiPeacePrizeandtheMartinLutherkingaward–inputtotheconferenceviasatellitelinkfromtheuniversityofulsterMageecampusinderry,deliveringapapertitled‘PhilosophyforPeace’.

PicturedatulsteruniversityMageecampus,derry:JohnhumewithdenisMccarthy,divisionaldirector

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CIMA sponsors the Irish Accounting and Finance Association’s 21st Annual Research ConferencetheIrishaccountingandfinanceassociation(Iafa)heldits21stannualresearchconferenceinathloneInstituteoftechnology(aIt)onthe8and9May2008,andcIMaIrelandwasdelightedtosponsorthisevent,atwhich100delegatesattended.

IafaistheleadingorganisationofaccountingandfinanceacademicsinIrelandandisdedicatedtopromotingexcellenceinteachingandresearchinhighereducationthroughoutIreland.theannualconferenceisthepremiereventintheIafa’scalendar,comprisingtwodaysofparallelresearchseminars,plenarysessions,meetings,andsocialevents.thekeynotespeakeratthe2008conferencewasdavidMarginson,ProfessorofManagementaccountingatGlasgowuniversity.

thisyear’sconferencefacilitatedIrishandinternationalacademics,practitionersandotherinteresteddelegates’participationindiscussionsonemergingresearchacrossawidevarietyofaccountingandfinancetopics.over40researchpaperswerepresentedattheconferenceandtheforumenabledresearcherstogainconstructivefeedbackandideasfromtheirpeers.Manyoftheseresearchpaperswillnowgoontobepublishedinnationalandinternationaljournals,includingtheIrishaccountingreview,thejournaloftheIafa.

theIafaconferencehasahistoryofignitingnewcollaborativeresearchpartnershipsbothnationallyandinternationallyandthe2008conferencecontinuedthattradition.cIMaIrelandispleasedtohavecontributedtothatcollaborativepartnershipbyalsoprovidingdelegateswithcopiesofcIMafundedresearchpapers(sourcedfromcIMaInnovationanddevelopmentinchapterstreet)onareasrelevanttoanumberresearchpapersthatweredeliveredattheconference.

Inassociationwith

PicturedL-r:denisMccarthy,divisionaldirector,ProfdavidMarginson,Glasgowuniversity,eoinLangan,aIt(andrecentlyappointedcIMaadvocateataIt)andsimonQuinn,Iafachairman.

CIMA management updatecIMaIrelandlauncheditsnew‘cIMamanagementupdate’programmeonsaturday12april2008,withthedeliveryoftheinauguralseminaratdcuBusinessschoolwhichdealtwith‘developingandsustaininghighperformance-combininginsightsfromtheleadingedgeofsportandbusinessandtheroleoffinanceandaccountinginstrategicperformancemeasurementandmanagement’.

theseminargeneratedhighinterestamongstcIMamembersandwasfullybookedwellinadvanceofthedeliverydate.themixtureofformalpresentations,casestudyandplenarysessionsensureditwasaninformative,worthwhileandenjoyabledayforall.the‘cIMamanagementupdate’seriesiskindlysponsoredbyMicrosoftdynamicswww.microsoft.ie/dynamics

attheheartoftheseminarwasasimplequestion–howdotheverybestintheirgame,whetherinsportorbusiness,build,sustainandcontinuallyimproveperformance?foranoverviewoftheseminarpleaseseethe‘developingandsustaininghighperformance’articleonpagesthreetofour.

theseminarwasledbyadistinguishedfacultycomprisedofpractitionersandacademicsfromIrelandandoverseas.

fromGenesisstrategicManagementconsultants-alistarGray,founderandManagingdirectorofGenesis,co-authorofThe Manager’s Handbookandoneofeurope’sleadingstrategicmanagementconsultants;JohnBullwhospecializesinhelpingorganisationstoassessandraisetheleadershipcapabilityofkeyindividualsandteams.hehasworkedinnewZealandtobenchmarkthecountry’stopperformingbusinessleadersandsportspeopleandspecializesindevelopingtheleadershipcapacityoforganisations;andBrianMacneice,directorofGenesisinIreland.BrianhasledmanyofGenesis’strategicassignmentswithleadingsportsandbusinessorganizationsathomeandoverseas.

fromdcuBusinessschool-dr.ruthMattimoe,LecturerinManagementaccounting,andtherecentlyappointedcIMaadvocateatdcu.ruthhasextensiveresearchandteachingexperienceintheareaofperformancemeasurementandmanagement,andtothecreationofvalueinbusiness.

fromMicrosoftIreland-neiltanner,directorofBusinessMarkets,MicrosoftIreland.

slidepresentationsoftheday’sproceedingsareavailableondVd.Ifyouwouldliketopurchaseacopy(€��.00,includingpostage)pleasecontactthecIMaIrelandofficeonT. (01)64�0406.

IrIshnewsIrIshnews

foracompleteeventlistingandfullvenuedetails,pleasegotothebackpage. foradvertisingopportunitieswithcIMaIrelandpleasecontactkate.o’mahony@cimaglobal.com

attendeesatthecIMaManagementupdateseminarindcuBusinessschool

Masters in Corporate LeadershipwearepleasedtoprovideyouwithdetailsabouttheMastersincorporateLeadership(MBs)degreeprogrammewhichisdeliveredbydublincityuniversityBusinessschool.originallydevelopedin2006bydcuBsinpartnershipwiththeInstituteofcharteredaccountantsinIreland,wearedelightedtoconfirmthattheprogrammeisnowopentoallexperiencedprofessionals,includingthosefromwithinthecharteredInstituteofManagementaccountants’membership.

theMBsincorporateLeadershipoffersablendoflearningintheareasofleadership,governanceandstrategy,whichfocusesontheroles,responsibilitiesandchallengesoftheexperiencedprofessional.ItwillbeofinterestandvaluetocIMamemberswhoareeithercurrentlyinaseniormanagementroleorareabouttoassumesuchaleadershipposition.

InterestedcIMamembersmusthaveaminimumof10yearspostqualificationexperience.IfyouwouldliketomakefurtherenquiriespleasecontactBernadetteMccullochatthedcuBscentreforexecutiveProgrammes.

T. (01)�00891�E. bernadette.mcculloch@dcu.ie

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in association with

Releasing your true potentialInJanuary2008,cIMaIrelandagreedapartnershipbetweentheInstituteandIntrinsicManagement,oneofIreland’sleadingbusinesscommunicationsconsultancyfirms,forthedeliveryofcIMaIreland’snew‘releasingyourtruepotential’skillsdevelopmentprogramme.thisisamodularisedprogrammetailoredtotheneedsofcIMamembers,focusingonthecommunicationsskillssetneededforbusinessmanagerstomaximizetheirpersonaleffectivenessinday-to-dayoperations.theprogrammeaddressesissuesrangingfromtheabilitytobeapowerfulcommunicator,todealingwithconflictandbusinessreportwriting.

theelevenonedaymodulesifrelevanttoyourwork,inanycombinationwillqualifyforyourcPd.

Priortothecommencementofeachmoduleallparticipantscompleteaquestionnairehighlightingpersonalprioritiesandobjectivesforthemoduleinquestion.eachmodulecomprises:Pre-modulequestionnaire;preparationwork;course/workshop;andpost-modulework/assignment.

thenumberofattendeespermoduleiscappedateighttoensureahighlevelofone-to-oneattentionandfeedback.eachmoduleisdeliveredatspecialconcessionratestocIMamembers.

theelevenmodulesintheprogrammeare:

thefirsttwomodules–Persuasivecommunicationandconflictmanagementandnegotiationskills’–werebothoversubscribed,withre-runsdeliveredduringMarchandapril.ModulesaredeliveredatsixweeklyintervalsatthecIMaoffices,4�–4�Pembrokeroad,Ballsbridge,dublin4.

IntrinsicManagementservesabroadcrosssectionoforganisationsinthestate,semi-stateandcorporatesectors,aclientportfoliothatincludessomeoftheleadingdomesticaccountingfirms,lawfirmsandbanksandotherinstitutionsineurope.cIMaIrelandlooksforwardtoworkingwithIntrinsicManagementtodeliverthisprogrammewhichwillbeofsignificantbenefittoourmembers.

IrIshnews

CIMA Ireland 2008 golf outingcIMaIrelandheldits2008golfoutingontuesday20May,inMountJuliet,Jacknicklaus’firstandonlysignaturecourseinIreland.MountJulietwasrecentlyawardedtheaccoladeofIreland’sno.1Parklandcoursefor2008andthereasonswhywereveryapparenttothelargenumberofcIMamembersandguestswhoparticipated.theeventwassponsoredbyfriendsfirstandtheInstituteisgratefulfortheirkindsupport.

sixteenteamsparticipatedintheteamcompetition,forwhichthecIMaIrelandperpetualgolftrophy,amagnificentsilverclaretjug,wastheprize.thewinningteamwasPeterfullam,JohncoghlanandGerPowerwhocamehomewith8�points.thesinglescompetitionwaswonbyPeterfullamwithascoreof41points.JamescarrwonclosesttopinandthelongestdrivewaswonbyJoeGilligan.

theprizegivingceremonywasperformedbyBerniecullinan,PresidentcIMarepublicofIrelanddivisionandBrigidclearyfromfriendsfirst.

Picturedabove:MaryMaguire,IntrinsicManagementanddenisMccarthydivisionaldirector,cIMaIreland.

foracompleteeventlistingandfullvenuedetails,pleasegotothebackpage. foradvertisingopportunitieswithcIMaIrelandpleasecontactkate.o’mahony@cimaglobal.com

IrIshnews

Persuasivecommunication

conflictmanagementandnegotiationskills

Leadershipandchange

teambuildingmodulesdispatchedtomembersatsixweeklyintervals

coaching/mentoring

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Performancemanagement/differentiation

Projectmanagement

Meetingskills

Businessreportwriting

advancedpresentationskills

timemanagementandworkorganisation

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Picturedabove:ciarantracy,denisMccarthy,divisionaldirectorandMichaelIgoe.

Picturedabove:Johncoghlan,cIMaPastPresident,Berniecullinan,PresidentcIMarepublicofIrelanddivision,Brigidcleary,friendsfirst,Peterfullam,PastPresidentroIandfergusreid.

PicturedL-r:Berniecullinan,PresidentcIMarepublicofIrelanddivision,Peterfullam,PastPresidentroI,Brigidcleary,friendsfirst.

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Cork and Kerry Branch Annual DinnerthecorkandkerryBranchheldtheirannualdinnerdanceintheMaryboroughhousehotelonsaturday�april.theeveningcommencedwithadrinksreceptionwhichenabledthelargenumberofattendeestomingleandrenewoldfriendships.thekeynotespeakerwastomByrnefcMaandVPfinanceGlobalservicestransformationBt,whooutlinedthemajorimpactofcommunicationstechnologyintheworkplace.

followingawonderfulmealthefreeprizedrawcreatedconsiderableinterestasprizesincludedshoppingvouchers,aflatscreentV,weekendhotelbreaksandtwoticketstotheheinekencupfinal.Musicwassuppliedbythedynamicsanddancingcontinuedwellintothesmallhours.

thecorkandkerrycommitteewouldliketothankallwhoattendedandsupportedtheirpremiersocialeventandwelookforwardtoseeingyouallagainatoneofourforthcomingevents.

West of Ireland Branch host CPD seminaronthe22aprilatthetfroyalhotel,castlebar,co.Mayo,thecIMawestofIrelandBranchhostedaLeadershipseminarentitled‘Gettingthebestfromyourpeopleandconflictresolution’,specificallydesignedforbusinessleaders.therewasagreatturnoutonthenightfromvariousbusinessesandorganisationsthroughoutthewest.thetwospeakers,triciacunningham,LeapGeneralManagerandJohnGeraghtyfromtLcManagerLtd.gaveexcellentpresentations.

tomGilligan,PresidentofthewoIBranchwasdelightedwiththeeveningandwiththefactthatsomanypeopleexpressedtheirsatisfactionwiththeevent.

PicturedaboveL-r:helenrodahan,frankrodahancorkandkerryPresident,tomByrnePastPresidentroI,Martincorbett,LorraineMcdonaldandBernieByrne.

CIMA Mid West BranchtheMidwestBranchcommitteehostedaverysuccessfulseminarforcIMamembersentitled‘allyouneedtoknowaboutcPd’forcIMamembersatthehiltonhotelLimerickon9april.theseminarwaspresentedbydavidharris,ManagingdirectorofchevinconsultantsLtd.followingthecPdevent,david,alsoacIMaexaminerandamarker,spoketostudentsonexamtechniqueandhowtoobtainthatprestigiouscIMaqualification.Bothmeetingswerewellattendedbystudentsandmembers.

thehighlightforMaywasthesummerLunchwhichtookplaceonfriday9MayatthecastletroyParkhotel.theguestspeakerwaswellknownentrepreneur,supermarketeer,writerandpoliticiansenatorfeargalQuinn.

founderofthesuperquinnchainofsupermarkets,IndependentmemberofseanadeireannandchairmanofanPostfortenyears,feargalQuinnservedonseveralpublicbodies.hishighlyacclaimedbookCrowning the Customerhasbeenheldasamodelforallandsundrywhohaveacustomerfocus.underfeargalQuinn’sstewardshipsuperquinnbuiltitselfareputationforinnovation.ItpioneeredthefirstloyaltycardinIrelandinthe1990swhenitintroducedsuperclub.

feargalgaveaveryinformativetalkabouthismanyexperiencesinIrelandandabroad.thelargeandattentiveaudiencewastreatedtoaninsightintohowoneofIreland’smostsuccessfulbusinessmengrewanorganisationfromeightemployeestoover4000.feargalgavetheaudiencehisviewsonhowthebusinesscommunityinthemidwestregioncantakealeadincreatingopportunitiestobringthemidwesttotheforefrontofbusinessinthiscountry.

theeventwasverykindlysponsoredbyPremierrecruitment.

theaGMoftheMidwestBranchtakesplaceatthehiltonhotelon10June.BeforegoingonthesummerrecesstheMidwestBranchhaveorganisedaracenightatLimerickracecourseonfriday20June.earlybookingisadvisableforthiseventasnumbersarelimited.

themedalandchequesponsoredbyJoeLittleton&co.accountantswaspresentedbyJoeLittleton,President,MidwestBranchtoryano’neillattheLimerickInstituteoftechnologyconferringceremony.ryanwontheawardforexcellenceinManagementaccountingontheBachelorofBusinessinaccounting/financelevel�.

PicturedL-r:nicolaGlynn,Memberservicesexecutive,Marydulligan,woIcommitteeMember,Paulacrowley,Leap,JohnGeraghty,tLcManagerLtd,triciacunningham,LeapGeneralManager,tomGilligan,PresidentwoIBranch,dervlaGeraghty,woIcommitteeMember.

BrancheVents BrancheVents

Picturedabove:MidwestBranchcommitteeandguestsatthedavidharrisseminaron9april

Picturedabove:fergalQuinnandguestsattheMidwestsummerLunch.

foradvertisingandsponsorshipopportunitieswithcIMaIreland,pleasecontactkateo’Mahonyon0164�0406oremailkate.o’mahony@cimaglobal.com

PicturedL-r:JoeLittleton,PresidentMidwestBranch,ryano’neill,drMarialhinfelaar,directorofLimerickInstituteoftechnologyandcouncillortomPrendeville.

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South East Branch host CPD-all you need to knowon�March,davidharristookthemystiqueoutofcPdrecordingformembersofthesoutheastBranchwithhispresentation:cPd-allyouneedtoknow.

davidisManagingdirectorofchevinconsultantsLtd.,theinformation,strategyandeducationalconsultingfirmthathefoundedin199�.

aswellashavingspentovertenyearsasaprofessionallecturerandpresenter,davidhassatonnumerouscIMacommitteesincludingtheirnationaleducationandtrainingcommittee,andhasbeenbothanexaminerandamarkerforanumberofcIMasubjects.hehasalsobeeninstrumentalinsyllabusdevelopment,membershipandexaminationsworkforcIMaandhaswrittenmanyarticlesforpublicationintheInstitutejournals.davidiscurrentlyengagedbycIMaasatechnicalconsultantonsyllabusdevelopmentissues.

thiswell-attendedtalkincludedcIMa’scPdpolicy-whatandwhy?,thebenefitstostakeholders,thedevelopmentcycle,cIMacPdsolutions,othercPdactivity,recordingcPdactivityandthemonitoringprocess.aninformativequestionsandanswerssessionfollowedandtheconsensuswasthatdavidallayedtheattendingmembers’worriesandputapositiveperspectiveoncPdreportingissues.

Enhance your presentation and communication skillsthesoutheastBranchheldtheirfinalcPdeventbeforethesummerbreakontuesday29aprillastintheGranvillehotel,waterford.

entitled‘enhanceyourpresentationandcommunicationskills’,therewere2�attendeesforwhatprovedtobeaninformativeandentertainingsession.

thepresenterwasnigelPower,whoisMdofcompletecomplianceLimited.hiswealthofexperienceacrossawiderangeofdisciplineswithinthefinancialservicesindustryandprovisionoftrainingprogrammesnationwideensuredtherewassomethingtobegainedforeveryoneintheaudienceonthenight.

nowthatthesummerbreakisuponus,theseBranchwouldliketothankallthosewhohaveattendedoureventsduringtheyear.welookforwardtoseeingyouwheneventsresumeintheautumn.IfyouhaveanyideasfortopicstobecoveredbyfuturebranchcPdeventspleasecontactanymemberofthecommitteeoremailnicola.glynn@cimaglobal.com.

Picturedabove:JohnGrogan,southeastBranchPresident,ericrochford,treasurer,Leonieforristal,cPdofficer,anddavidharris.

Dublin and District BranchIn200�/2008Irelandexperiencedtheimpactofacreditcrunchandeconomicdownturn.cIMadublinanddistrictBranchkeptmembersabreastoftheeconomicenvironmentviaaseriesofpopulareconomicupdatespresentedbyaustinhughes,chiefeconomistIIBBankandMarccoleman,economicseditor,newstalk.

Inhispresentation,Marccolman,aMBaaImember,setoutthekeyideasofhisnewbookThe best has yet to comeandprovidedanoverviewofthebudget2008andwhyhebelievedthetemporaryslowdownwon’thaltthemarchofIrelandsfuture.

on19february,thedublinanddistrictBranchorganisedanumberofspeakers-leadersincreditandcorporatecashmanagement-tooutlinebestpracticeintheseareas.thisseminarwasaimedspecificallyatchiefexecutives,managingdirectors,financedirectors,financialcontrollersandcreditmanagers.

on26februaryseanBrodieanddeclandoyleofPricewaterhousecooperspresentedabreakfastbriefingtitled‘anupdateonthefinancebill’.thisprovidedthedublinanddistrictmembersanupdateontheimpactforindividualtaxpayersandonbusinessesandanupdateoneuropeancommonconsolidatecorporatetaxBase(ccctB).anupdatewasalsogiventomembersonpropertyincludingVatonPropertyprovisions.

ahalfdaypresentationon‘responsibilitiesofcompanydirectorsandsecretaries’wasthetopicofthecPdeventheldonfriday28March.MathesonormsbyPrenticesolicitorsprovidedthespeakersforthisevent.robertherongaveanoverviewofdirectorsandsecretariesresponsibilities,JohnMcredmondspokeaboutthedutiesandresponsibilitiesofdirectorsandsecretariesofIrishprivatelimitedcompanies,JohnBaylepresentedoncorporategovernanceinIrelandwhileJulieMurphyo’connorspokeabouttherestrictionanddisqualificationofdirectorsfocusingonrecentdevelopments.

followingtheintroductionofcPdinJanuary2006,thedublinanddistrictBranchengagedacIMamemberdavidharris,ManagingdirectorofchevinconsultantsLtd.tohostatalkon‘allyouneedtoknowaboutcPd’.over80membersattendedthetalkon29aprilinthedavenporthotel.

themonthofMaysawtwotopicsofinterestforthedublinanddistrictBranchmembers.apresentationentitled‘disputeresolutioninthecommercialcourtandinmediation’wasgivenbyGerrycarroll,ManagingPartnerofwhitneyMooresolicitors,alsojoinedbyIanfinlay,seniorcounsel,anaccreditedMediatorwithextensiveexperienceactingincommercialdisputesbeforeIrishcourts.

thesecondeventwasheldon2�Mayinthedavenporthoteltitled‘Improvingbusinessperformancethroughleanmanagement’,presentedbydavidBarnesthefounderandownerofthebusinessimprovementconsultancyfirstBlueskyLtd.davidhasspenttenyearssupportingbusinesschangeandcontinuousimprovementinitiativesinavarietyofindustriesandcompaniesincludingPfizer,Glaxosmithkline,BtandtoyotaMotoreurope.

theobjectiveofthissessionwastoprovidetheattendeewithasimpleandpracticalapproachtointroducecontinuousimprovementofdailyoperationsintotheirorganisationthroughleanmanagementandreceiveanoverviewonhoshinkanriasastrategicmanagementsystemtodirectanorganisationtowardsthecompanyvision.

thesocialhighlightoftheyearwastheannualball.withanattendanceofover200guests,thiswasoneofthemostsuccessfulandenjoyabletodate.

accordingtocIMadublinanddistrictbranchpresidentkevinGahan,thepastyearhasbeenchallengingbutahighlyenjoyableexperience.hesaidoftheyear,‘Itwasgreattomeetsomanymembersatourevents.Muchofthecreditfortheyearmustgotothecommitteefortheirdedicationtomeetingmembersexpectations’.

BrancheVents BrancheVents

PicturedL-r:nigelPower,completecomplianceLtd.Michaelclarke,weatherGlaze,Martinfarrell,fdc,nicolaGlynn,cIMaandJohnGrogan,seBranchPresident.

14 NETWORKnews 1�NETWORKnews

studentserVIces

Exam information 20082008

examresultsresultsfromtheMayexamswillbesentouton1�JulyforstrategiclevelandtoPcIMaand24Julyformanageriallevel.PleasecheckyourMYcIMaaccounttomakesureyouhaveregisteredtoreceiveyourresultsbyemail.

attendanceslipreceiptsaftereachexamsittingitisadvisabletokeepyourattendanceslipreceiptforeachpapersatforatleastfourmonthsfollowingonfromtheexam.

november2008examdatestuesday18novemberwednesday19novemberthursday20november

Spare time in November 2008?cIMaexamsandassessmentislookingforqualifiedmanagementaccountantstojoinourmarkingteamstomarkexampapersatmanagerialandstrategiclevel.

Preferencewillbegiventothosewhoteach/havetaughtorwhohavespecialistknowledgeandexperienceinoneofoursubjects.experienceofmarkingprofessionalexamsisalsoanadvantage.

ratesofpayarecompetitive.newmarkersareusuallyallocated2�0scripts.onceexperienced,thiscanriseto�00.attendanceatatraining/markers’standardisationmeetingintheukiscompulsory.

IfyouareinterestedinthisopportunitypleasecontactteresaJacobson+44(0)20�66��441foraninformaldiscussionoremailyourcVtoteresa.jacobs@cimaglobal.comstatingwhichpaperyouwouldbeinterestedinmarking.

Key dates1�July cIMawillreleasestrategicandtoPcIMaexamresultsbyemailforthosestudentswhohave registeredtoreceiveresultsbyemail.

24July cIMawillreleasemanageriallevelexamresultsbyemailforthosestudentswhohave registeredtoreceiveresultsbyemail.

1�/24July examresultswillbesentbyfirstclasspost.

firstweekin examentryfornovember2008opens.Pleasecheckwww.cimaglobal.comnearerthetimeforaugust exactdate.

1september LastdatestudentsmaysitcBaifaimingtocompletecertificatelevelinordertoenteran examatmanageriallevelinnovember2008sitting. alloutstandingfeesincludingallexamfeesandotherpaymentduemusthavebeenreceived bycIMa.

14september deadlineforexamentryatstandardfeelevelfornovember2008exams.

1�-21september cIMaonlineexamentryremainsopen.however,paymentmustbemadeonlineandalate entryfeeapplies.

22september cIMaonlineexamentryisclosed.

Queries

Ifyouhaveanyqueriespleasevisitourwebsiteatwww.cimaglobal.comtoseeifyourquestionisansweredthereorcontactcIMacontactorcIMaIrelandat0164�0400.

cIMacontact:

E.cima.contact@cimaglobal.com

T.+44(0)20884922�1

F.+44(0)20884924�0

16 NETWORKnews

18 NETWORKnews 9NETWORKnewswww.accreate.com

In today’s highly competitive job market, there is anongoing demand for Accountancy candidates at alllevels. At Accreate, our broad client base ensures thatwe have an extensive selection of positions to choosefrom at all times. To allow us to assist you with your assignment, please contact Sarah O’Toole on 01 661 2000.

For comprehensive job specs on these roles please visit www.accreate.com or contact Sarah O’Tooleon: 01 661 2000 Email: sotoole@accreate.com

PERMANENT

■ Financial Controller | FMCGThe purpose of this role is to play a key rolein supporting the senior management teamin managing the business and providing thefinancial controls and infrastructure toenable the company to continue in its growth. Duties to include FinancialReporting and analysis, budgeting andfinancial appraisals of new opportunities.Role will suit qualified Accountant with 5-8years’ post qualification experience.Salary: €75-95k Ref: 8318

■ Commercial Fin Mgr | FMCGExperienced FC/Finance Manager requiredto join a leading Irish Plc. Key areas ofresponsibility will include financialreporting, cost analysis and supporting thelocal senior management team. Candidateswill also be responsible for the furtherdevelopment of the finance function andthe implementation of controls, proceduresand systems. Will suit CIMA qualifiedAccountant with 5 years’ commercialexperience.Salary: €70-90k Ref: 6878

■ Senior Fin Analyst | Hi-TechGreat opportunity to develop a careerwithin a dynamic finance team. The role sitson the FP&A team and is responsible forfinancial transactions, business planningand decision support. The FP&A teamprovide finance and decision support to thevarious operations groups across the group.This is a perfect challenge for someone withenthusiasm and energy looking to developtheir career. 3-4 years’ experience in ananalytical role is required.Salary: €65k Ref: 7948

■ Group Reporting Acct | TelcoRole will suit qualified CIMA Accountantwith strong management accountingexperience. Responsibilities to includefinancial reporting, cashflow managementand looking after the investment process.The role offers opportunity to join a highlysuccessful company who are a marketleader in their field. Excellent opportunityto progress. 1-2 years’ pqe required.Salary: €50-60k Ref: 7780

PERMANENT

■ Fin/Mgmt Accountant | RetailRecently qualified Accountant required fora city centre based services/retail company.Reporting to the company FC candidateswill be responsible for monthlymanagement accounts, cost centrereporting, balance sheet schedules and staffsupervision. Role will suit a qualifiedAccountant with 1-2 years’ experience. Rolewill progress to FC in a 12-18 month period.Salary: €50-60k Ref: 8317

■ Financial Accountant | PropOur client is a growing PropertyManagement company based in the citycentre. Due to further expansion they areseeking to recruit a Financial Accountant.The role will involve the preparation andpresentation of monthly managementaccounts to the Managing Director.Candidates should be strong communicatorsand working towards their CIMAqualification.Salary: €40-45k Ref:7900

■ Assistant Accountant | FSOur client provides a comprehensive rangeof pension, investment, protection andfinance products and services. Reporting tothe Team Leader, the successful candidatewill prepare and review monthly accountsand carry out reconciliations, calculations oranalysis as required for this purpose. Thisposition would suit a CIMA finalist with 3+years’ accounting experience. Strongcommunication skills are a must.Salary: €35-42k Ref: 7672

■ Head Office Analyst | RetailPart-qualified Accountant is required forone of Europe’s leading retailers. Based inDublin South, responsibilities will includepreparing detailed budgets & plans andpreparing management accounts andassisting in identifying and evaluatingbusiness opportunites across the group.Candidates will be highly ambitious, lookingfor career progression in a fast pacedenvironment. Experience working todeadlines and excellent communicationskills is essential.Salary: €30-35k Ref: 8309

TEMP/CONTRACT

■ Financial Controller | ServicesQualified Financial Controller with 5 years’PQE required for a 12 month maternitycontract. Reporting to the the Group Headof Finance you will be responsible formanaging the day to day finance functionand finance team, delivering timely andaccurate monthly financial reports andassisting in streamlining the month endprocess. Experience of managing a financeteam is essential.Salary: €80-90k Ref: 8271

■ Mgmt Accountant | Banking Management Accountant required for a 12month fixed term contract within a leadingfinancial services institution.The successfulcandidate with be responsible for providinga comprehensive range of accountingservices including preparation andreporting of financial performance andcontrol of transacting and settlementactivities. Will suit a CIMA Accountant witha minimum of 2 years’ PQE. Salary: €60–65k Ref: 8085

■ Management Acct | ManufDynamic International Organisation seekinga Management Accountant to join theirfinance team on a 6-9 month contract.Successful candidate will be involved in allaspects of management accounts and thesupervision of junior staff. Interestedapplicants should be a qualified or partqualified CIMA Accountant with a minimumof 3 years’ experience. Excellent planning,interpersonal and communication skillsrequired.Salary: €48-55k Ref: 8127

■ Financial Accountant | FMCGFinancial Accountant required for 6months assisting with monthly reportingof financial performance, particularly atYear End and during audit process, for a dynamic & leading Irish FMCGorganisation. Candidates will be partqualified or newly qualified CIMA with 2-3 years’ experience. Candidates will havea high level of initiative, motivation,commitment andprofessionalism.Salary: €40-50k Ref: 8253

THE Accountants PANEL

ProGraMMeofeVentsJune 2008

date/tIMe toPIc VenueaudIence

9June

10June

12June

20Junefrom�.�0pm

26June

2�June

2october

westburyhotel

hiltonhotel

radissonhotel,Galway

Limerickracecourse

cIMaoffice,Ballsbridge,dublin4

cregmoreParkGc

ucdo’reillyhall

Members

Members

Members

Membersandstudents

Members

Membersandstudents

thebusinesscommunity

dublinanddistrictBranchaGM

MidwestBranchaGM

westofIrelandBranchaGM

MidwestBranchracenight

Leadershipandchange

westofIrelandBranchgolfouting

worldclassfinancialmanagement

charteredInstituteofManagementaccountants|4�/4�Pembrokeroad|Ballsbridge|dublin4|IrelandT. +00���164�0400 | F. +00���164�0401| E. dublin@cimaglobal.com|www.cimaglobal.com/ireland