New IFAC Accountants’ office heralds fresh opportunities for farmers
The new IFAC office at the Old Knockmay Road, Portlaoise was officially opened on Friday 9th of July by Dr Matt Dempsey, Editor & Chief Executive of the Irish Farmers Journal. Also in attendance was Padraig Walshe, President of COPA(Committee of Professional Agricultural Organisations) and former IFA President. Both Matt and Padraig are clients of IFAC Accountants.
Seamus O’Brien, Chairperson of IFAC spoke about the origins of IFAC in Portlaoise. He went onto praise the work of former CEO Peadar Murphy and former Chairman Donie Cashman in making IFAC the organisation it is today.
The next speaker Michael McNamara, Branch Manager IFAC Accountants Portlaoise, thanked everyone for coming. "It is great to see such a turnout" he remarked. He went on to thank the staff & recorders for all their hard work and he thanked the clients for their support over the years.
Larry Kinsella, National Development Manager IFAC Accountants then paid tribute to the large IFAC team who look after clients in the Laois/Kildare area in such a dedicated manner. "All these people consistently put the client at the centre of everything we do and this has resulted in a huge level of client satisfaction over the years. The huge growth and development the IFAC service has in Laois/Kildare is a result of satisfied clients recommending the IFAC service to their friends and neighbours."
A presentation was made to IFAC Recorder Book-keeper Moira Brennan from Ballinakill. Moira attended the first training course in Dublin in 1975 and to this day is still working as hard and efficiently as ever as an IFAC Recorder.
Former IFA President Padriag Walsh told the gathering that he had first hand experience of the IFAC service. "Being a client of IFAC for the past 27 years, I think they provide an excellent service to farmers, they are prepared for the future when it comes to accounts. The Recorder calling to input the accounts takes the hassle out of book-keeping for the farmers and gives us the time to do what we do best – farm and work the land" Padraig went on to joke "Michael will have trouble keeping us out of the office now because of its accessibility."e;
The IFAC story in Portlaoise began in 1979 when the office was opened. The Portlaoise office had been formerly run in conjunction with the Tullamore office since the origins of IFAC in 1975. The team of IFAC Accountants is led by Michael McNamara. He is joined in his spacious new office by a work force of 19, including full & part-time staff. Michael McNamara has worked with IFAC for the past 24 years servicing both farm and non-farm clients. Over the past 24 years he has seen the nature of work change significantly with a huge emphasis now being placed on Tax Planning and Management Information.
The decision to buy and develop these new premises was made based on the considerable growth in business achieved over the years. This growth in business came about primarily because of satisfied customers speaking highly of the service to others and also by the efforts of our Board Members throughout the years – Brendan Fingleton (Inception to 1982), John McEvoy (1983-1988), Bill Flynn (1989-1992), Joe Quigley (1993-1996), Robert Young (1997-2002), Kevin Flynn (2003-present).
From the very beginning, IFAC was based on a Recorder/Bookkeeping Service to capture data accurately and computer technology to analyse it efficiently. The Recorder Service has been central to the development of IFAC over the years. The first Recorder Training course was held in 1975 with the following attending from Laois, Shelia Fitzpatrick, Moira Brennan and Mary O’Neill. Moira Brennan is still part of the Recording team with IFAC Accountants in Portlaoise today.
The office in Portlaoise is presently supported by Maeve Ryan, Area Development Officer and other senior management personnel.
Do you need a bookkeeping service?
Take the hassle out of bookkeeping with the IFAC mobile bookkeeper service. IFAC has trained professional bookkeepers keeping your records up to date whatever your business may be. Our bookkeeping team is: Moira Brennan, Anne Byrne, Margaret Connor, Mary Parkinson, Teresa Delaney, Eilish McDermott, Mary McMahon, Florence Peavoy, Catherine Kirwan, Betty McGuire, Mary Woulfe, John Keegan, , Patricia Donnelly, Aine Kelly and Yvonne McArdle.
Would you benefit from more efficient Tax Planning?
Tax Planning is the cornerstone of IFAC’s Service. Leading the team at IFAC Portlaoise is Michael McNamara Branch Manager together with his team of staff Anna Byrne, Ann Cahill, Shane Delaney and Ailish Carroll cover all aspects of taxation including Income Tax, Corporation Tax, Capital Acquisitions Tax and Capital Gains Tax. We also provide VAT and payroll services to a broad spectrum of clients.
The unique IFAC bookkeeping service allows the team to review accounts with their clients before year end to maximize tax planning opportunities.
Declan McEvoy, Senior Tax Consultant with IFAC Accountants National Tax Planning Department will also be based in Portlaoise; his expertise and experience will be a great asset to the office.
Are you a Progressive Farmer?
By using the IFAC system, you can avail of up to date management information. IFAC not only use accounts information for the purposes of preparing tax returns but also to provide detailed and timely management information. The IFAC on-line management service includes:
- IFAC Financial Management Report
- Teagasc Dairy & Drytock Profit Monitor Input Sheet
- Accounts Enquiry Utility
- Budgeting Facility
- Cash Flow Report
Find out how we can benefit your business.
Contact Michael or any member of the team at 057-8622716 for a free consultation.