Supporting you to properly implement professional and industrial standards
What is a “Regulated Profession”?
A number of professions in Ireland are regulated. About 140 regulated professions are currently recognised in Ireland, and many require you to have a licence or some other form of authorisation (for example a practising certificate) before you can undertake particular types of work. You also may need special education and experience before you can get your licence to work in most regulated occupations.
Examples of Regulated Professions include:
Many of these professionals are also required to make regular reports to their regulator or membership body. As an example, Solicitors are governed by the Solicitors Accounts Regulations 2001 to 2013. This require that solicitor firms file a “Reporting Accountants Report” with The Law Society of Ireland within six months of the firm’s financial year end.
We also provide litigation support. Almost every professional is the subject of a dispute or complaint at some stage of their career. Many of these have financial, regulatory or commercial ramifications. We provide an efficient and timely service assisting with regulatory matters, the computation and quantification of damages/losses or claims relating to a variety of matters including:
- Business disputes
- Professional conduct defences
- Personal disputes
- Loss of profits
- Business valuations
- Forensic accounting