Welcome to Wallace O'Donoghue
Accountants, Tax & Business Advisors
If you're looking for a firm of accountants who are focused on providing advice driven, value added services to their clients, we believe we are the firm you are looking for. Underlying our service philosophy is the understanding that each client, whether corporate or individual, is unique and has their own set of priorities and requirements.
The firm's partners have broad, industry-wide experience, having previously worked for both medium-sized local and large international accounting firms. Our client base is extensive including fast growth start up companies, professional practices, established family businesses and individuals.
We are not a scaled down "large firm" and we are not a clone of other firms. We exist on our own terms and provide a range of services that we believe are relevant and of value to our clients.
Please feel free to take a few moments to explore our website and get an overview of our service offering. We welcome all enquiries and offer all prospective clients a free two-hour consultation where we can discuss, in a confidential basis, how we can meet your needs.
Business News
This site is updated regularly with industry and practice news.
The Cost of Underpricing Repeat Work and Long-Term Client Accounts
At Wallace O Donoghue we believe one of the easiest ways for an SME to lose profit without realising it is through underpricing repeat work and long-term client accounts. These relationships often feel stable, predictable and commercially valuable. They may have been with the business for years, pro…
How Weak Budget Ownership Across Teams Can Undermine Financial Performance
At Wallace O Donoghue we believe many SMEs treat budgeting as a finance exercise rather than a business discipline. A budget is often prepared by the owner, finance manager or external accountant, reviewed at senior level and then largely left within the finance function. The problem with this appro…
Why Margin Erosion Often Starts Long Before Business Owners Notice It
At Wallace O Donoghue we believe margin erosion is one of the most dangerous financial issues an SME can face precisely because it is rarely dramatic at the start. Profit margins do not usually collapse overnight. More often, they weaken gradually through a series of small changes that seem manageab…