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.

How Overheads Quietly Creep Up and Erode SME Profit Margins

27th April 2026

For many Irish SMEs, rising costs are not driven by one major decision. They build gradually. A small increase here, a new subscription there, an additional staff role to support growth. None of these changes feel significant in isolation. Over time, however, they combine to create a steady increase in overheads that quietly erodes profit […]

Top 5 Pricing Mistakes Irish SMEs Continue to Make in 2026

24th April 2026

Pricing remains one of the most important and most mishandled areas within Irish SMEs. It directly affects profitability, cash flow, positioning, and long-term sustainability. Despite this, many businesses continue to approach pricing in a reactive or inconsistent way. The result is not always immediate. Businesses can operate for long periods with flawed pricing structures. They […]

The Hidden Risk in Long-Term Clients: When Loyalty Reduces Profitability

23rd April 2026

Many Irish SMEs take pride in long-standing client relationships. Loyalty is often seen as a sign of stability, trust, and consistent performance. Clients who return year after year provide predictable income, reduce the need for constant marketing, and create a sense of security within the business. On the surface, this looks like an ideal position. […]