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 Quiet Costs of Poor Documentation in Irish SMEs
Documentation is one of the least glamorous parts of running a business. It rarely appears on the management agenda, it is almost never the priority when something else is on fire, and it tends to be deferred for years before anyone treats it as urgent. For many Irish SMEs, the documentation that should exist either […]
The Real Cost of Weak Internal Controls in Smaller Irish Businesses
In many Irish SMEs, internal controls are treated as a concern for larger organisations. Audit committees, segregation of duties, authorisation matrices, and formal review procedures sound like the language of corporate governance, not something that applies to a 12-person service business or a small manufacturer. In practice, the absence of basic internal controls is one […]
Why Many Irish SMEs Underinvest in Financial Reporting Until It Is Too Late
For many Irish SMEs, financial reporting is treated as a compliance activity rather than a management tool. The annual accounts are prepared, returns are filed, the bank gets what it asks for, and the rest of the year passes with relatively little reference to financial information beyond the bank balance. This is understandable in the […]