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 Hidden Risk of Owner Dependency: When the Business Cannot Run Without You
Many Irish SMEs grow around the personality and capability of their founder. The owner does not just run the business in the early years. They are the business. They drive sales, sign off on decisions, hold key client relationships, train staff, fix problems, and carry most of the operational knowledge in their head. For a […]
Why Revenue Audit Activity Is Likely to Keep Rising and What Irish SMEs Should Have in Place
For many Irish SMEs, a Revenue audit feels like a remote possibility. Most owners go years without hearing from Revenue beyond the routine filing of returns, and audit preparation rarely becomes a priority until it is needed. In practice, the likelihood of a compliance intervention has been moving steadily upward for several years, and that […]
How Over-Reliance on a Few Revenue Streams Increases Financial Risk
Many Irish SMEs build strong businesses around a limited number of revenue sources. This may involve one major client, a small group of customers, a single service line or a dominant product that consistently performs well. In the short term, this concentration can appear efficient and commercially successful. Revenue is predictable, relationships are established and […]