View Micro and small firms get R&D tax credit boost from Budget 2020

Micro and small firms get R&D tax credit boost from Budget 2020

Micro and small firms employing up to 250 workers will be allowed to write off up to 30% of their R&D costs and receive the finance much more quickly as part of Budget 2020. Crucially, the increase from the current R&D rate of 25% includes a commitment to allow small firms to gain the full…

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View Does my company need an Accountant, a Finance Director, or both?

Does my company need an Accountant, a Finance Director, or both?

There is often confusion when discussing the roles of Accountants and Finance Directors. After all, they both work with clients and businesses to help improve their financial outlook. However, there are some key differences when it comes to how they go about achieving this. Typically, Accountants will handle financial records and reporting, and ensure their…

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View How an EFM Ireland FD can support your SME

How an EFM Ireland FD can support your SME

You might think a Finance Director’s role is confined to traditional finance activities, but today’s FD can do so much more than count beans. In the past, an FD’s responsibilities might have been confined to high-level accounting such as providing timely financial statements and monthly management reports, managing investments and expenses, monitoring cash flow, and…

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View How a Financial Controller can keep your business on track and help it to grow

How a Financial Controller can keep your business on track and help it to grow

It’s not always easy to manage your finances and keep them on track. For small businesses or larger enterprises it can be helpful to get a fresh perspective on your financial activities. Bringing the services of a qualified financial controller, as opposed to an unqualified bookkeeper or a practicing compliance accountant to your business could…

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View The importance of financial due diligence

The importance of financial due diligence

If you’re thinking about buying, or selling or looking for investment in your business financial due diligence is a key issue that cannot be overlooked. Why is financial due diligence important? What’s involved? What to expect   What is financial due diligence? Financial due diligence is the process of performing a thorough investigation into the…

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View Understanding the difference between Growth and Scaling Up

Understanding the difference between Growth and Scaling Up

Many business owners would consider their business a success if they managed to achieve a consistent level of growth. But for entrepreneurs with their sights set on taking their business to the next level, it almost certainly requires they be able to achieve scale. Knowing the difference between growth and scaling up is the key…

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View 5 Reasons to Talk to Your Financial Controller

5 Reasons to Talk to Your Financial Controller

There’s been an evolution in the responsibilities of the FC. Financial Controllers (FCs) are moving past the traditional financial controller remit and are playing a more strategic role in their company’s operations. According to a recent study by Ventana Research, roughly one in five FCs have a strategic influence in their companies, and that number…

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View Benefits of setting up in Ireland

Benefits of setting up in Ireland

When forming a company one of the first questions you will need to answer is, “Why Ireland?” There are many benefits of forming a company in Ireland. Ireland is home to many of the world’s most successful companies. Sixteen of the top twenty global technology firms are located there as are twenty-four of the twenty-five…

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View How part-time FD services can benefit your company

How part-time FD services can benefit your company

Managing your finances is critical to all businesses, no matter how big or small. Juggling cash flow, sourcing funding and maximising profitability are challenges to all business owners and these are the things that a part-time Finance Director can help with. This is why EFM Ireland has developed 7 key benefits around why you should…

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