| FINANCE MAGAZINE Accountancy Survey 2008 |
FGS
| Financial year end date: |
30-06-2008 |
|
FEE INCOME |
| 1.1 Please indicate your fee income for your practice in the Republic of Ireland for your most recent financial year: |
29 |
€ [millions] |
| 1.2 Please indicate your fee income for your practice for all-Ireland (including Northern Ireland) for your most recent financial year: |
41 |
€ [millions] |
1.3 Please give an indication (by p.c.) of the breakdown of this income:
| Audit / Accounting |
29.54 |
% |
| Tax |
25.42 |
% |
| Consulting |
18.16 |
% |
| Corporate Recovery |
10.17 |
% |
| Corporate Finance |
12.59 |
% |
| Other |
4.12 |
% |
|
|
1.4 Please give an indication (by %) of the breakdown of this income by sector:
| Regulatory/Compliance |
40 |
% |
| Financial Services |
5 |
% |
| Wealth Management |
5 |
% |
| Other |
50 |
% |
|
| 1.5 Is your firm part of an international network? |
Yes |
| What is the network's name? |
Praxity |
| 1.6 How many locations do you have in Ireland? |
3 |
| Please give the locations? |
Dublin, Belfast and Longford |
PARTNER AND STAFF NUMBERS |
| 2.1 In respect of the Republic of Ireland, please indicate the following partner and staff numbers as of now in each area: |
| |
Contact Name |
Partners |
Non-partner chargeable |
Support Staff |
| Audit / Accounting |
Aidan Scollard |
9 |
130 |
8 |
| Tax |
Eamonn Griffin/John Lyons |
6 |
37 |
6 |
| Consulting |
Greg Sparks |
7 |
33 |
5 |
| Corporate Recovery |
Declan Taite |
3 |
19 |
2 |
| Corporate Finance |
Jim Mulqueen |
5 |
20 |
2 |
| Wealth Management |
Kevin Donovan |
1 |
8 |
1 |
|
| 2.4 How many partners are there in your firm? |
30 |
| 2.5 How many male partners are there in your firm? |
27 |
|
| 2.7 What is the average age that you would expect a partner to retire? |
63 |
| 2.8 How many foreign workers do you currently employ as a percentage of your total workforce? |
5% |
| 2.9 And which country(ies) do the majority of these foreign workers come from? |
Chine, Romanie, Austraila |
| 2.12 Approximately how many people have you recruited in the current year so far, and how many do you expect to recruit next year? (June to June) |
| |
2007/2008 |
2008/2009 |
| Professionally Qualified |
19 |
31 |
| Non Professional Graduates |
7 |
6 |
| Trainees |
28 |
30 |
|
PRACTICE MANAGEMENT |
| 4.1 What do you perceive as being the biggest threat for your industry going forward? |
| Speculative work down considerably |
| 4.2 What do you perceive as being the biggest opportunity for your industry going forward? |
| Proactive corporate restructuring |
| 4.3 Are staff shortages still a major problem in the industry? |
Yes |
| 4.4 Do you feel that the partnership model is outdated? |
Yes |
| 4.5 Do you feel that your company has to move towards a more corporate model in managing business? |
Yes |
| 4.6 Do you feel the credit crisis will effect your business going forward? |
Yes |
| Explain your decision: |
Reduced budget of public sector, insolvency & restructuring up slightly, becoming more difficult to get finance and therefore knock on effect for corporate finance. Value for money for clients. |
