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.

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Business News

This site is updated regularly with industry and practice news.

Why Some SMEs Struggle to Convert Growth Into Strong Cash Flow

13th May 2026

For many Irish SMEs, growth is seen as a positive indicator of success. Sales increase, new clients are secured and the business becomes busier. On the surface, this suggests stronger financial performance. Yet many growing businesses continue to experience cash flow pressure despite rising revenue. This disconnect between growth and cash flow is one of […]

Top 5 Financial Pressures Irish SMEs Will Face in the Next 12 Months

12th May 2026

Irish SMEs continue to operate in a business environment shaped by rising costs, changing customer behaviour and increasing operational complexity. While many businesses have shown resilience in recent years, the next 12 months are likely to present several financial pressures that require careful planning and strong decision making. The challenge for many SMEs is not […]

How Weak Cost Tracking Leads to Poor Decision Making in SMEs

11th May 2026

For many Irish SMEs, financial decisions are made every day. Pricing is adjusted, staff are hired, suppliers are selected and new opportunities are pursued. These decisions shape the direction and profitability of the business. However, when cost tracking is weak, decisions are often based on incomplete or inaccurate information. This creates a significant risk. Weak […]