CIMA_ireland_network_news_summer(spreads)

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Network NEWS | AUTUMN 2014
CIMA IRELAND
NETWORK NEWS
FRANK NOLAN
Message from the Chair
BIG DATA CONFERENCE
2015 conference update
THE DIGITAL PRACTICE
by Ray Baxter
BSTAI SCHOOLS QUIZ
Full report from the competition
Summer 2015

Network NEWS | SUMMER 2015
CONTENTS
Welcome 03
Tutor of the year 2014 announced 04
CIMA 2015 Graduation Ceremony 04
CIMA revamps accreditation scheme for tuition providers 05
October 2015 membership application session 05
Undergraduate CIMA Achievement of Excellence Awards 06
Undergraduate CIMA Achievement of Excellence Awards, academic year 2013-2014 07
Top ten students combined March and May 2014 sitting 08
Top ten students combined September and November 2014 sitting 08
CIMA’s innovative 2015 professional qualification syllabus 09
Southern area hosts CGMA Big Data Conference 10
The Digital Practice -TopTenTips by Ray Baxter 11
CIMA Ireland/BSTAI Schools JuniorCert Business Quiz 12
Irish final of Global Business Challenge 14
CCAB-I inaugural all-Ireland matrix accountancy golf tournament 14
Increase your company visibility and revenue whilst helping the fight against cancer 15
Area news 16
Grant Thornton trainee first in Ireland for E3 enterprise 17
CGMA conference to address data analytics for NI business sector 17
CIMA Ireland Benevolent Fund 19

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WELCOME
A message from CIMA Ireland Chair
Frank Nolan FCMA, CGMA
Welcome to the summer issue of Network News. I would particularly like
to welcome and to congratulate our newly qualified CIMA members many
of whom attended the recent graduation ceremony inTrinity College. As
I complete my term, as Chair of CIMA Ireland, I have been struck by the
extensive reach of the institute internally among the 8,300 members and
studentship base, and externally across our key stakeholders.
As an institute we place great importance on the value of active
participation and relationship building as a means to advancing
individual careers, promoting the values intrinsic to CIMA as a
professional body and ensuring that we are aligned with and inputting
on our stakeholders needs.This has been a central plank in establishing
and maintaining CIMA’s authoritative positioning of its members and the
provision of appropriately trained and qualified chartered management
accountants that support and drive economic growth across the island
of Ireland.
Our comprehensive stakeholder engagement programme underpins the
reputation of CIMA Ireland across the educator, the employer, the student,
the recruiter and the policy maker.This engagement programme includes
the CIMA Buddy Network comprising CIMA members in middle to senior
management positions in business; CIMA Advocates’ Network which
extends to all business schools throughout Ireland; CIMA Grapevine, a
specialist network, to support career guidance counsellors; CIMA Mentors;
CIMA Ireland US FDI Forum and more.This is underpinned by each of the
four area boards through area specific initiatives, the CIMA Ireland board
and CIMA members representing the institute on external committees.
At regional level, the Southern area board hosted the Big Data
conference in partnership with CIT, and sponsored by IT multinational
EMC.The CGMA conference considered the conclusions of two recently
published CGMA reports on preparing for, and the impact of, big data
from the perspective of Irish business and financial services.This event
will be replicated by the Northern area board in June.The west of
Ireland’s regular breakfast and evening events across Mayo, Limerick,
Sligo and Galway were augmented with the addition of a Saturday
morning presentation and lunch time webinar.The CIMA Global Business
Challenge, under the auspices of the Eastern area board, will take place
in June. As always each area runs a comprehensive programme of CPD
and social events. For event details in your local area please click
www.cimaglobal.com/irelandevents
We have also just completed the CIMA/BSTAI Junior Cert Business
competition which will be followed shortly by the above mentioned
Global Business Challenge and which provides an introduction to CIMA
for students and their educators.
CIMA students continue to perform extremely well in exams including
placings at global level. I would, therefore, like to congratulate all of
those who have done so well and to encourage CIMA students keep up
the momentum and hard work which, as our recent graduates confirmed,
is time well invested in your career.
Finally, I would like to wish all of the membership and students continued
success and remind you to actively participate in your institute.
Frank Nolan FCMA, CGMA
CIMA Ireland Chair
I have been struck by the extensive reach of
the institute internally among the 8,300 members
and studentship base, and externally across our key
stakeholders.
Our comprehensive stakeholder engagement
programme underpins the reputation of CIMA
Ireland across the educator, the employer, the
student, the recruiter and the policy maker.

Terence Lawless, CIMA P2 Lecturer at Dublin Business School has been
awarded the CIMA Tutor of theYear for 2014.The accolade follows the
results of the combined March/May and September/November 2014
sittings in which Paul Cunningham, who sat the CIMA Performance
Management (P2) at the November 2014 sitting achieved a global
ranking of 3rd in the world.This is the highest global ranking achieved
by any Irish student last year.
Pictured at the presentation of the announcement of the award were
Fiona Arnold, Student Progression Manager, CIMA;Terence Lawless,
CIMA P2 Lecturer, Dublin Business School and CIMA Tutor of theYear
and Darren Brien, Academic Faculty Manager, Dublin Business School.
The graduation ceremony for newly admitted CIMA members took
place on Friday 8 May 2015 at Trinity College Dublin.The graduation
ceremony was addressed by guest of honour Trinity Provost, Dr
Patrick Prendergast with members of the current CIMA Ireland board
also in attendance. Forty nine newly qualified members attended the
CIMA annual graduation ceremony in the prestigious Dining Hall of
Trinity College Dublin.
The ceremony was a celebration in recognition for the hard work and
commitment leading to the newly qualified members receiving the
designation ACMA, CGMA. In addition a number of CDIF graduates
were also recognised at the event with Niall Hennessy, FCMA, CGMA
acting as Master of Ceremonies.
TUTOR OF THEYEAR 2014 ANNOUNCED
CIMA 2015 GRADUATION CEREMONY
The graduation event for newly qualified CIMA members was held at Trinity College Dublin
where keynote speaker was Dr. Patrick Prendergast, Provost and President,Trinity College
pictured second from left with Professor Andrew Burke, Dean of the Business School and
Chair of Business Studies, Sheila Lewis, Deputy Chair, CIMA Ireland and Denis McCarthy,
CIMA Ireland Director.

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Calling all students who are thinking about
and are ready to sit their T4B exams. Did you
know you can apply for membership now?
Meaning that when you complete and pass your final exam you can
automatically become a member.You will need to apply and book for
the upcoming membership application session which is taking place
in the CIMA Ireland head office on 3 October 2015.
Our face-to-face membership assessment sessions give you the
chance to gain membership in just one hour.There’s no need to
submit any documents in advance: simply bring them along with you
and get a result on the same day.
In January this year CIMA, relaunched Global Learning, its
accreditation scheme for tuition providers.The revised CIMA Global
Learning scheme now features three accreditation levels: CIMA
Global Learning Partner, CIMA Global Learning Advanced Partner and
CIMA Global Learning Premium Partner.
The CIMA Global Learning Partner designation is intended for new
providers and those who are looking to begin teaching CIMA. Existing
providers who offer good standards of tuition will be able to apply
for the CIMA Global Learning Advanced Partner designation while
those providers who demonstrate on-going best practice and leading
exam pass rates will be able to apply for the CIMA Global Learning
Premium Partner designation.
Fiona Arnold, Student Progression Manager, CIMA, said:“By
launching a new global set of standards and accreditations, CIMA
is helping students to make informed decisions about their choice
of tuition provider while also supporting our learning partners in
attracting students and delivering the best standards of education.
The revised CIMA Global Learning Scheme allows us to collaborate
with course and training providers, including those who are smaller
and newly established, to increase the availability and quality of
CIMA exam training. In doing so, our ultimate aim is to support our
students in fulfilling their potential.”
All learning partners will receive targeted support and marketing
collateral appropriate for their designation and where applicable, the
encouragement and help to progress to the next tier.To enhance
quality assurance, providers will receive dated annual certificates and
may be moved up or down the levels where appropriate.
OCTOBER 2015 MEMBERSHIP
APPLICATION SESSION
CIMA REVAMPS ACCREDITATION SCHEME FOR TUITION PROVIDERS

UNDERGRADUATE CIMA ACHIEVEMENT
OF EXCELLENCE AWARDS
Academic Year 2013-2014
Institute of Technology Blanchardstown
Student Derek Coyle, Bachelor of Business Accounting
Degree with Mr. Colm Murphy CIMA
Limerick Institute of Technology
Mary Dullaghan,Western Area Chair with Ms HoiYin
Chan prize winner BB Hons in Accounting and Finance,
LIT President Dr. Maria Hinfelaar and Ms Mary
Jackman, Assistant Chairperson, Governing Body, LIT
Limerick Institute of Technology
Mary Dullaghan Western Area Chair with Ms Kelly
Dalton prize winner Higher Certificate in Business
Accounting and Finance along with LIT President
Dr. Maria Hinfelaar and Ms Mary Jackman, Assistant
Chairperson, Governing Body, LIT
University of Ulster
Kevin Gormley, Ian Shannon prize winner BSc Hons
Business Studies and Christine Wightman, Associate
Lecturer in Marketing
Institute of Technology Tallaght
Mr. Colm Murphy and Marcus Wade prize winner BB
Degree in Accounting
Dublin City University
Mr. Colm Murphy, Laura Mary Kelly Prize winner BA
Accounting and Finance and CIMA Advocate
Dr Ruth Mattimoe
Athlone Institute of Technology
Mr Eoin Ross, Head of Department of Business, Mr.
Colm Murphy, Ms Aoife Rigney prize winner Bachelor
Business Studies (ab-initio) and Mr Eoin Langan,
Head of School
Mr Eoin Langan, Head of School, Mr. Colm Murphy,
Ms Patricia Jurkowska prize winner, MA in Accounting
and Mr Brendan Doyle, Head of Department of
Accounting and Business Computing
Mr Brendan Doyle, Head of Department of
Accounting and Business Computing, Mr. Colm
Murphy, Ms Chu Han Ng prize winner BA in
Accounting and Mr Eoin Langan, Head of School
Mr Eoin Ross, Head of Department of Business, Mr.
Colm Murphy, Ms Ava Ananica prize winner, Bachelor
Business Studies (add on) and Mr Eoin Langan, Head
of School

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College Programme Prize Winner
Athlone Institute of Technology BA in Accounting Chu Han Ng
Athlone Institute of Technology Bachelor Business Studies (add on) Ava Ananica
Athlone Institute of Technology Bachelor Business Studies (ab-initio) Aoife Rigney
Blanchardstown Institute of Technology BB Accounting Degree Derek Coyle
Cork Institute of Technology BB Accounting Degree Nisei Kobayashi
Dublin City University BA Accounting and Finance Laura Mary Kelly
Galway Mayo Institute of Technology BA Hons Accounting Degree Carol O’Leary
Institute of Art, Design and Technology BA Hons Business Studies and Arts Management Mitzi D’Alton
Institute of Art, Design and Technology BB Hons in Entrepreneurship Andrius Zecius
Institute of Art, Design and Technology BB Hons in Entrepreneurship (Springboard) Pauline Fitzgerald
Institute of Public Administration BBS Accounting Degree Declan O’Halloran
Institute of Technology Tallaght BB Degree - Accounting Marcus Wade
Limerick Institute of Technology BB Hons in Accounting and Finance Ms HoiYin Chan
Limerick Institute of Technology Higher Certificate in Business Accounting and Finance Ms Kelly Dalton
National College of Ireland BA Hons in Accounting and HRM Padraig O’Keeffe
National College of Ireland BA Hons Accounting Colm Smyth
National College of Ireland BA Hons in Accounting John Kelly
National University of Ireland, Galway B Comm/ B Comm International Programmes David O’Connell
National University of Ireland, Maynooth BA Finance and Accounting Michelle Dunne
Sligo Institute of Technology BA Hons in Accounting Sarah Burns
University College Cork BComm Degree Aoife O’Sullivan
University College Cork BSc Accounting/BSc Finance Degree Sean Stephen Ring
University College Dublin B Comm Degree Sean Tynan
University College Dublin B Comm Degree Heather Diver
University of Ulster BSc Hons Accounting Aaron Callaghan
University of Ulster BSc Hons Business Studies Ian Shannon
Waterford Institute of Technology BBS Finance Conor Hartley
Waterford Institute of Technology BBS Finance Jamie Hunt
Waterford Institute of Technology BA in Accounting Eibhilin Morrissey
UNDERGRADUATE CIMA ACHIEVEMENT OF EXCELLENCE AWARDS,
ACADEMICYEAR 2013-2014

Paper Name Rank Paper global Rank all Ireland Name
E1 Enterprise Operations 10 first Martin Moore
E2 Enterprise Management 61 first Olwyn Hughes
E3 Enterprise Strategy 50 joint first Teresa Gallagher
F1 Financial Operations 17 first Paul Constant
F2 Financial Management 5 first Paul Cunningham
F3 Financial Strategy 9 first Denis Barry
P1 Performance Operations 42 first James Carton
P2 Performance Management 29 first Stephanie Sweeney
P3 Performance Strategy 16 first John Kelly
T4 Part B Case Study Examination 21 first Marie Paula O’ Connor
Paper Name Rank Paper global Rank all Ireland Name
E1 Enterprise Operations 15 first James Carton
E2 Enterprise Management 14 first Jason McMullan
E3 Enterprise Strategy 50 first Gregor Toohey
F1 Financial Operations 16 first Aristidis Tsoumis
F2 Financial Management 25 first Tony Ross
F3 Financial Strategy 18 first Stephen Bracken
P1 Performance Operations 11 first James Toomey
P2 Performance Management 3 first Paul Cunningham
P3 Performance Strategy 16 first Caroline Kelleher
T4 Part B Case Study Examination 122 joint second Sinead Relihan
TOP TEN STUDENTS COMBINED MARCH AND MAY 2014 SITTING
TOP TEN STUDENTS COMBINED SEPTEMBER AND NOVEMBER 2014 SITTING

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On 2 January 2015, CIMA commenced the implementation of its 2015
Professional Qualification syllabus.
In response to growing concern about rising youth unemployment
around the world, CIMA has produced an innovative syllabus focused on
equipping the finance professionals of the future with the skills to meet
the business needs of today and tomorrow.
For the qualification to remain relevant and enhance the employability
of members, CIMA’s global research led to the development of a
competency framework and a new assessment process addressing the
skills and competencies employers require from their finance team.
The research conducted involved face-to-face meetings with leading
organisations in the UK, US, Ireland, South Africa and Malaysia,
roundtable discussions in 13 countries and a global questionnaire to
over 3,000 participants.
The competencies identified by top employers are core accounting and
finance skills, business acumen, people skills and leadership skills. This
insight has been instrumental in creating a syllabus designed to meet
the needs of both students and employers to support better business.
New topic areas relevant to accounting in business, such as managing
big data, finance function transformation and sustainability have
been included with integrated case studies added at each level of the
qualification to consolidate learning and reflect real-life work situations.
Major changes have also been made to the assessment of candidates
in line with developments in the use of technology in education and
industry. Students will now benefit from online assessment and exams
on demand through a partnership with PearsonVUE*, allowing them to
choose their own pace of progression.
Students who complete the CIMA qualification earn the Chartered
Global Management Accountant designation, formed by the AICPA
and CIMA to highlight the importance of management accounting in
today’s economy.
Speaking on the updated syllabus, Charles Tilley FCMA, CGMA, CIMA’s
Chief Executive, said:‘CIMA is committed to supporting the next
generation of global finance leaders and ensuring that our members
stay at the forefront of developments in the business world throughout
their careers.
‘ When designing the 2015 syllabus, we set out to enhance its relevance
to employers, to ensure the rigour of the related examinations and to
align the learning experience of candidates to the real world of business.
I feel we have succeeded in this.’
Bob Whelan, President and CEO, Pearson VUE, commented:‘The length
of the contract CIMA has signed with us underlines the confidence the
CIMA team has in PearsonVUE to take their programmes forward and
improve the experience and outcomes for accountancy candidates.
‘One of the advantages of computer-based testing is the ability to
create new and different question types to test the learning outcomes.
The learning outcomes themselves and sound test design are at the
heart of this project.’
Internship programme update:
The CIMA Ireland internship programmes provide CIMA affiliated
employers with access to a pipeline of talented students from Ireland’s
leading business schools.
For details of the internship programme in your area please click
www.cimaglobal.com/internships.
The CIMA Ireland internship programmes have been established in close
collaboration with business schools across the island of Ireland.
Under the internship programmes, business schools work with
employers to select students for placement in line with the specific
recruitment requirements of the individual employer, to ensure that
placements meet the specific business needs of the organisation.
Participating business schools
Cork Institute of Technology, Dublin Institute of Technology, Dublin City
University, Limerick Institute of Technology, NUI Galway, University
College Cork, University of Limerick, University of Ulster,Waterford
Institute of Technology, Queen’s University Belfast, IT Sligo.
CIMA’S INNOVATIVE 2015 PROFESSIONAL
QUALIFICATION SYLLABUS
One of the advantages of computer-based
testing is the ability to create new and different
question types to test the learning outcomes.
CIMA is committed to supporting the next
generation of global finance leaders and ensuring that
our members stay at the forefront of developments in
the business world throughout their careers.

Potentially 21,000 jobs could be created in the data analytics sector
in the next four years according to Una Halligan, Chairperson,
Expert Group on Future Skills Needs. Ms.Halligan was speaking
at the Chartered Global Management Accountants (CGMA)
conference on “Big Data”, organised by CIMA‘s Southern area held
in partnership with CIT, and sponsored by IT multinational EMC.
The CGMA conference considered the conclusions of two recently
published CGMA reports on preparing for, and the impact of, big
data from the perspective of Irish business and financial services.
Conference chair Bob Savage,Vice President and Managing Director
of EMC Centres of Excellence EMEA, said:“Ireland is a major global
tech hub, with a healthy ecosystem of multinational companies and
government support for big data initiatives. Now more than ever for
Irish businesses, having a data analytics strategy is vital to success
in the global digital economy.There are huge benefits in adopting
data analytics, like granular insight into consumer behaviour and in-
depth analysis of market trends. Having that additional information
brings a real competitive edge to a business.”
Dr Aisling O’Driscoll, CIT, said:“Each year, billions of gigabytes
of data are generated globally, an amount so large that it would
require several hundred million desktop computers to store.Thanks
to incredible advances in data science, we can capture, store and
analyse this information to provide value in the real world. In
Ireland, and indeed in Cork, there are myriad opportunities for
businesses to take advantage of their collected data to increase
efficiency, productivity and profit.”
Peter Simon, Author of the CGMA big data reports, said:“Relentless
advances in technology continue to drive new ways of doing
business. So far, such advances have improved the prospects for
Irish businesses and for those with higher level skills.
However, the next wave may be different.With big data at its crest,
it holds the potential to change how business opportunities are
identified and how business decisions are made. CIMA has therefore
identified the knowledge and skills which will create careers for
finance professionals, including management accountants.”
SOUTHERN AREA HOSTS CGMA BIG DATA CONFERENCE
Ireland is a major global tech hub, with a
healthy ecosystem of multinational companies
and government support for big data initiatives.
Marc O’Regan, Chief Technology Officer Sales, EMC Ireland; Niall Cremin,
CIMA Southern Area Chair; Thomas Shortall, ICT Director, Kerry Foods;
The CIMA Big Data Conference speakers and guests

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New and disruptive technologies are changing our industry at an
alarming pace. It is vital that we keep ahead to maintain our place in
the market.The changes are wider than practice. Articles in journals like
Accountancy Age are predicting that the CFO and CIO jobs will soon
merge into one. As management accountants running small practices,
technical change, and whether we adopt it, is relevant to our future
profitability. Does this mean that we have to have to acquire technical
skills in iXBRL, Java, Microsoft Server etc? Not necessarily, a basic grasp
of the underlying concepts and a few signposts to the winning tools of
the trade is enough. It is vital however that we recognise what is going
on around us and respond.
In addition we need to become technical advisers to our clients to gain
kudos and be their first port of call for business advice.This will give us
an extra ‘edge’ over our professional competitors.
What is causing the rapid change? It is a picture of convergence of
momentous technical developments, namely a mature internet, fast
broadband, cloud infrastructure and new devices like smartphones
and tablet computers. Add to this cost pressures such as governments
wanting to shed work to their customers (RTI, online filing, agent access)
and the commercial drive to increase productivity which has moved on
from manufacturers to service providers.
Here are my top ten tips to keep ahead:
1. Abolish paper.The convergence of technologies has suddenly made
the 40 year old dream of a paperless office not just possible but
happening as we speak. In a few years the famous clip by the drifter
in the film Waterworld,‘Paper, have you ever seen paper?’ won’t
seem so strange.
2. Make your working area efficient. Laptops can be permanently
used by professions like journalists and consultants but not by
professionals like us who need to process numerical information.
Unless you are travelling or browsing always use a device with a
good keyboard and two or three monitors. After all in a non-digital
environment you would not dream of working on a 20 inch desk.
The same logic applies to your staff and your client’s staff so they
can be more productive when they need several digital documents
to be open and in view at the same time.
3. Get comfortable with one or more cloud accounting systems. Off
line versions of Sage and QuickBooks are now in the last stage of
their product cycle.The business model of traditional suppliers
will not survive the disruptive effect of the new upstarts, Xero,
ClearBooks, Liquid accounts and the others.The big players are
scrambling to catch up after being asleep at the start of the race.
Cloud will not work for all your clients but for those that are
suitable you should start converting them now and enjoy the
benefits to your practice.
4. ‘App up’ and provide new services.The power of the cloud is
going to create opportunities that you never considered before.
Put Receipt-Bank together with Xero and suddenly you have a
bookkeeping system cheaper than an outsourced provider in
Bangalore. Cloud will be a great leveller giving small businesses the
cost benefits currently enjoyed by large organisations.
5. Take advantage of the new ways to communicate. Using VOIP,
Remote Desktop and technologies like Skype allows you to provide
a superior customer service. Significantly it also allows you to
redefine your target market from a geographical perspective.You
should only visit clients’ premises to attend a meeting, not to
prepare figures. Do that work from your base and save time and
money.
6. Consider using cloud payroll systems. Paper payslips are eliminated.
The employee can log in to see their payslips up to three years back
(depending on the system). If they move house they can change
their address themselves. If you are (or are thinking of) offering a
payroll bureau service this could be staffed by a suitable part time
person working from home with a convenient dashboard to access
all your payroll clients.
7. If you do compliance work, make sure you use quality professional
software for accounts production and tax with links to all
the government systems. Anything less will render you either
uncompetitive or underpaid.
8. Use a digital signing application to get letters of engagement
signed and tax returns approved.This works well as a secure client
area on your website.You upload the document and the system
asks the client to follow a link to read and approve. Client approvals
are legally binding under the framework of the EU directive
1999/93/EC and all commercial systems should comply with this
framework.The plug in app that I use was simple to install on
my website and looks after everything for £25 per month. Some
systems charge per document.This can also be used as an easily
accessible repository for your client’s accounts which impresses
them no end.
9. Use an online payment system to make things easy for your client
and to help you get paid quicker. A lot of work is going on at the
moment by providers in this area. Systems exist for both credit card
and DD online systems. I find that even clients who get billed once
a year like to pay monthly. Now it is easy to set up without having
to use standing orders which are difficult to change.
10. Finally consider moving your desktops into the cloud. If you have a
large network with staff, it can save the overhead of server support.
If you are working on your own it allows you better access to your
software and data.You might also change to a cloud office suite
like office 365 for the same reason. Best to consider this when it is
time to refresh your IT infrastructure.
Ray Baxter FCMA, CGMA is founder and CEO of Baxterworld. He
served as the Northern Ireland president of CIMA and is currently the
secretary for the Members in Practice (MiP) committee of CIMA and an
ambassador for the Federation of European Accountants (FEE).
Ray Baxter is happy to reply to questions via email at:
ray@baxterworld.com
THE DIGITAL PRACTICE -TOPTENTIPS
by Ray Baxter FCMA

CIMA IRELAND/BSTAI SCHOOLS JUNIORCERT BUSINESSQUIZ
WINNERS!
Summerhill School in Sligo
The winning team pictured celebrating with quiz Master, children’s TV and
radio presenter, Emma O’Driscoll were Jack McDermott, Oliver White, Joseph
McDonagh and Paddy McDermott.
Junior cert business students at Summerhill School in
Sligo won the national final of the CIMA/BSTAI Schools
Junior Cert Business Quiz. Some 187 teams representing
97 schools from across the country took part in the
annual competition which saw Summerhill take the
overall title at the national finals in LITThurles. Runners
up were Rockwell College’sTeam A and Colaiste Eanna
CBS Rathfarnham’sTeam A. Children’sTV and Radio
presenter Emma O’Driscoll acted as MC.
Colaiste Eanna Team A
Pictured at the finals with Emma O’Driscoll were Mary
O’Sullivan, BSTAI and Teacher Paul Conway students
James O’Reily, Ben Graham, Niall Duffy and Eoghan
McGarvey
Old Bawn Community School
Pictured at the finals with Emma O’Driscoll were
Mary O’Sullivan, BSTAI Teacher Michael Kean and
Students Bashir Oladipupo, Anna Helena Maniacal,
Claudia George and Luke Couhono Dillon
Sutton’s St. Fintan’s
Mary O’Sullivan, BSTAI and Teacher Carmel Fitzpatrick
Students Mark Lynch, Declan Flynn,Thomas
O’Connell and Aidan Hall
Tullamore College
Mary O’Sullivan, BSTAI and Teacher Michelle Griffin
Students Jordan Murphy, Jack Harvey, Andrew
Meehan and Paul Scally
St. Gerard’s Bray
Mary O’Sullivan, BSTAI and Teacher Damien Kelly
Students Ryan Lucas, Joshua Dargan Hayes, David
Furey and Harry Curley
Hazelwood College
Mary O’Sullivan, BSTAI and Gerard O’Donnell, Aine
Bennis, Kennedy O’Sullivan and Paul Power
St.Angela’s Secondary School
Mary O’Sullivan, BSTAI and Sophie O’ Byrne, Zemare
Fazlius, Cadhla Duffy and Lauren Kearns
Rockwell College Team A
O’Sullivan, BSTAI were: James Hally, Goghan Heffernan,
Kate Barlow and Morris O’Sullivan

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Colaiste Pobail Setanta
Mary O’Sullivan, BSTAI and Teacher Deborah O’Neill
Students Fortune Marques, Aamna Rashid, Marta
Dubik and Declan O’Carroll
St. Mary’s Secondary School Mallow
O’Sullivan, BSTAI and Nora O’Connor,Teacher Students
Lauren Hadden, Ciara McCarthy, Sarah Corbett and
Kate Ivory
Abbey Community College
Mary O’Sullivan, BSTAI and Teacher Linda Cummins
Students Thomas Sheridan, Niamh O’Brien, Michelle
Murphy and Craig Smith
CBS,Thomas Street
O’Sullivan, BSTAI and Students Martin Kehoe, David
Cornish, Con McIntyre and Angelo Miwlesw
CBS Roscommon
Mary O’Sullivan, BSTAI and Teacher Claire Stenson
Students Oisin Stephens, Luke Glennon, Liam Earley
and Patrick Farron
Colaiste Eanna Rathfarnham
Mary O’Sullivan, BSTAI and Teacher Padraic McManus
Students Owen Griffin, Dylan Carroll, Killian Lacey and
Gavin Connolly
Athenry’s Presentation College
O’Sullivan, BSTAI and Teacher, Mary Colman, Students
Oisin Daly, Roisin Corrigan, Imy Lundon and Roisin Finn
and Teacher Jason Cotter
Carndonagh Community School
Mary O’Sullivan, BSTAI and Darragh McKinley, Sarah
Monagle, Diane McGalloway and Oisin Bowyer
St. Finian’s College
Mary O’Sullivan, BSTAI and Teacher Maura Walsh
Students Emmet Behan, Sean Wyliea, Jack Cunnane
and Alana Foran
Rockwell College
O’Sullivan, BSTAI and Students Nnabuike Eneh, Claire
Bennett,Tom Russell and Ryan O’Sullivan
Carrigaline Community School
O’Sullivan, BSTAI and Teacher Eimear Buckley Students
Sierra Bosonnet, Chelsey Linehan, Katie Marah and Ben
Dalton and Teacher E Buckley
Mean Scoil Mhuire
Mary O’Sullivan, BSTAI and Teacher Christine O’Brien,
Students Amy O’Rourke, Jade Gill, Ailbhe O’Rourke
and Sarah Devine
Glenties’ St. Columbas
Mary O’Sullivan, BSTAI and Teacher Frances McNelis
Students Joshua Perraton, Catriona Madden, Ellie
McDonnell and Caoimhe McGrenra
Colaiste Mhuire, Ballygar
Mary O’Sullivan, BSTAI and Teacher Theresa Clogher
Students Brian Maloney, Ciara Why, Cathal Crehan
and Adam Farrell
CBC Cork
Mary O’Sullivan, BSTAI and Teacher Stephen Hogan
Students Andrew Nestor, Robert Horgan, Matthew
Gibson and Michael Sheehan

The Irish final of the CIMA Global Business Challenge 2015, an
international business competition will take place at IT Tallaght on
Thursday 11 June.The Irish finals, sponsored by Diageo and Dublin
Business School, will see teams from business schools across the island
of Ireland participate.
Organised by CIMA, in partnership with Barclays, the Global Business
Challenge is a business competition for undergraduates around the
world, designed to showcase talent in business management and
identify young business leaders of the future. Entrants must form a
team of four people to compete. Acting as business consultants, they
will analyse and solve a real-life business case study. Competitors will
have a chance to win an all-expenses-paid trip to Warsaw, Poland, to
represent their country at the global final in August.
Fiona Arnold, Student Progression Manager, CIMA Ireland, said:“The
Global Business Challenge gives students the opportunity to gain
first hand experience of business leadership. Competitors will be able
to build essential business skills as well as meet with and learn from
decision-makers from top employers.The opportunity will enhance
their CVs and career prospects”.
The inaugural CCAB-I all Ireland Matrix Accountancy Golf Tournament
took place last autumn in the magnificent surroundings of Ireland’s
premier golf course, Carton House.The tournament was sponsored by
Matrix Accountancy- a division of Matrix Recruitment with teams from
the four CCAB-I accountancy bodies pitched against one another for
the coveted cup. Membership of the tournament was comprised of
representatives from CIMA, CAI, ACCA and the CPA.
Teams competed for the Matrix Accountancy Perpetual Trophy with
prizes for first and second and also individual prizes. This year the
CCAB-I all Ireland Matrix Accountancy Golf Tournament will take place
on 18 September at Luttrellstown Castle.
IRISH FINAL OF GLOBAL BUSINESS CHALLENGE
CCAB-I INAUGURAL ALL-IRELAND MATRIX
ACCOUNTANCY GOLF TOURNAMENT
Pictured are:
Joanne Foley, Manager Matrix Recruitment Group Dublin office; Damien Gibbons (Old Conna), Sean
Murphy (Greenore Gc ),Pat Mc Carthy (Naas Gc ),Denis Mc Carthy, CIMA Ireland Director.

15PAGE
The primary reason why many companies engage in supporting a
charity is the desire to help others.They also do it to grow their
business and reputation. Over and above the positive feelings generated
from the act of giving, supporting a charity can provide networking and
marketing opportunities and increases a company’s presence in their
community or network. It can strengthen brand loyalty and image,
help with employee retention and recruitment and drive sales. And, by
involving employees and encouraging them to participate in fundraising
activity, workplace morale and goodwill will experience a real boost.
The Irish Cancer Society is Ireland’s national cancer charity and we
provide information, support and care to those with, and affected by,
cancer all over Ireland. Our services are professional, confidential and
free of charge and we are almost entirely funded through the generosity
of companies and the general public, as we receive less than 5% in
government funding.We provide a number of support services for
free including; the National Cancer Helpline, our night nursing service
to cancer patients in their home, financial grants to cancer patients
undergoing financial hardship, our ‘Care to Drive’ service which involves
volunteers driving cancer patients to and from their chemotherapy
treatment in hospitals, and our counseling service.We are also the
leading voluntary funder of cancer research in Ireland.
Our work is at the heart of every community across the country and
every family has been affected by cancer in Ireland.With the rate of
cancer incidence growing and over 30,000 people likely to be diagnosed
with the disease this year, demand on our services increases.
Our Corporate Offering:
When considering what kind of charity to support, ask yourself what
issues are important to you, your colleagues and your clients, and what
charity is a good fit for your organisation.We believe the Irish Cancer
Society is a strong fit for many organisations for a number of reasons,
including; we are a reputable charity, we have a high profile, we have a
nationwide presence and everyone has been touched by cancer.
We work with big and small companies and tailor charitable campaigns
and partnerships that are the right fit for them. Companies can support
us in a number of ways, including;
• Strategic Partnership:These are partners that support our work in
a number of ways, from volunteerism, to employee fundraising
activities, to grants towards our services. By aligning themselves
with our work, companies see a direct benefit to employees and
customers.
• Employee fundraising: Employees working together for a charity
increases staff morale and motivation. It is also a wonderful way
to enhance teamwork and project a positive corporate image.
Employee fundraising activities can range from a table quiz to a
family day out. Our major fundraising campaigns include Daffodil
Day, Paint it Pink, Shave or Dye, Movember, Colour Dash and more.
• Cause-related marketing: A partnership between a company and
a high-profile charity such as ours builds brand loyalty, increases
company sales and shows a commitment to a worthy cause.
• Corporate sponsorship: Our major awareness campaigns and
fundraising events and activities throughout the year are high
profile, gathering national and regional media attention and
reaching people across all walks of life in Ireland. By supporting
these activities companies have the opportunity to align their
brand with the Irish Cancer Society.
• Corporate social responsibility (CSR): Donating much-needed funds
positions your company as a generous corporate citizen.
• Payroll giving:This is a simple and effective way for employees to
make regular payments to a charity directly from their salary.
INCREASEYOUR COMPANYVISIBILITY AND REVENUE
WHILST HELPING THE FIGHT AGAINST CANCER
We are very fortunate to enjoy the help and
support of many of companies, both large and small,
and their generosity helps fund our research, maintain
and expand our support services, and drive our
education and prevention programmes.
John McCormack, CEO, Irish Cancer Society
At the Irish Cancer Society we won’t give up until cancer does.
Get involved and help us in this fight. Find out how you can show
your support by emailing corporate@irishcancer.ie or calling our
corporate partnerships team on (01) 230 5000.

This year CIMA’s Western area continued to host a strong portfolio of
events, both specific for CIMA members and students and several open
to all professionals. In addition to traditional evening and breakfast
events, the Western area hosted events on Saturday morning as well
as a lunchtime webinar in April. A survey of members and students
was undertaken in late 2014 with suggestions received through that
forum being taken into account in planning its calendar of events. Events
organised by theWestern area include:
• Applying for Fellowship in Mayo and Limerick
• Benchmarking Ireland’s economic recovery in Galway
• Social Media and your business with Conor Pope in Galway
• Challenges of moving beyond traditional budgets with NUIG, in
Galway
• Saturday morning workshop on IFRS102; pensions; employment
law and corporate ethics in Limerick
• A series of LinkedIn training workshops Ennis, Limerick and Galway
• Completing your CPD in Limerick
• Taxation and the finance bill in Ennis
• Part one of three breakfast seminars with AIB in Galway
• Critical business intelligence for business owners in Sligo
• Management and efficiency in the Public Sector - The experts
view, in Limerick
• Parts two and three breakfast seminars with AIB in Galway
• A 20 minute lunchtime live webinar,‘How to take the next step
up in your career’
• You’re an accountant and you want a better job in Galway
For details of events in your area check out cimaireland.com
AREA NEWS
Western area
Northern area
Leading Ulster business woman, Janet McCollum
addresses Northern area meeting
In Ennis in March’15, CIMA Western area hosted “Taxation and the finance bill - key measures and
areas of focus”, with guest speaker Paul Nestor,Taxation Partner at BDO Limerick.
L to R: Patrick Warren, Paul Nestor (Tax Partner BDO Limerick and Presenter); Pat Mahony.
Janet McCollum, FCMA, CGMA Chief Executive, Moy Park who recently addressed the CIMA
Northern area pictured with Sharon McCue, FCMA, CGMA, CIMA Ireland’s CIMA Council
Representative and Richard Stack, Chair, CIMA Northern Area.
In April, CIMA Ireland hosted a visit from 20 plus MBA and MSc
students from the University of Edinburgh Business School. The
primary focus of this visit, and similar domestic and international
visits in the past, was to support the ongoing professional
development and network building for their students.
Oliver Gilvarry FCMA, CGMA, Central Bank of Ireland and Eastern
Area Chair presented an overview of the Irish Economy and
Kerry Group followed with a discussion of their operations in
Ireland and abroad. CIMA Ireland then concluded with a market
overview of CIMA’s operations in Ireland. As part of this visit, the
students also met with several other organisations.
Eastern area
University of Edinburgh business school visit
NUI Galway and the Chartered Institute of Management Accountants Western area co-hosted:
“Challenges of moving beyond traditional budgets” at NUIG in November 2014. L to R:
Dr Geraldine Robbins, NUI Galway; Speakers Dr. Emer Curtis NUI Galway; Professor Nicolas
Berland Paris Dauphine University, with Mary Dullaghan Avaya and CIMA Western Area Chair.

17PAGE
GregorToohey, Trainee – Corporate Audit with GrantThornton was placed
first in Ireland for his E3 Enterprise Strategy exam. Pictured are Colin
Feely, Head of Corporate Audit, GrantThornton; Fiona Arnold, Student
Progression Manager, CIMA; GregorToohey and Paul McCann, Managing
Partner, GrantThornton.
GRANT THORNTON TRAINEE FIRST IN IRELAND FOR E3 ENTERPRISE
FIRST PLACE
Northern Ireland’s business sector is being
encouraged, by leading industry professionals,
academics and influencers, to embrace data
analytics to remain competitive.
They will be addressing the CGMA (Chartered Global Management
Accountant) thought leadership conference on the impact of big
data analytics for Northern Ireland which will take place at The Mac
on Belfast’s Exchange Street West on Friday 12 June 2015.The CIMA
Ireland Northern area event, is being held in partnership with the Chief
Executives Forum and is sponsored by Brightwater Recruitment NI
Speakers will share their views on the potential benefits of data
analytics (Big Data) for businesses in Northern Ireland. Specifically
they will discuss how businesses are actually using it; explore what
competencies businesses need to develop in order to benefit from the
emerging opportunities; and what skills we need to develop. It will
feature talks from Peter Simons, Author of several “Big Data” reports
as well as Conference chairman: Stephen Peover, Chairman, Chief
Executives Forum;Trevor Steenson, Digital Transformation Programme
Director, DF; Dr. Adele Marshall, Queens University, Belfast; Stephen
McKeown, CEO, Analytics Engines and Kieran Kelly, CEO, ARC-NET.
Conference details:
Date: Friday 12 June 2015
Time: 9:30am – 12:30pm presentation and discussion
Venue: The Mac, 10 Exchange Street West, Belfast, BT12NJ
Admission: Free
Speaker panel
• Conference chairman: Stephen Peover, Chairman, Chief Executives
Forum
• Policy maker and Early adopter : Mr Trevor Steenson, Digital
Transformation Programme Director, DFP
• CGMA specialist: Peter Simons, Author of the CGMA ‘Big Data’
reports
• Academic: Dr. Adele Marshall, Queens University, Belfast
• Technology company: Stephen McKeown, CEO, Analytics Engines
• Early adopter (Private Sector): Kieran Kelly, CEO, ARC-NET
Further info:
Kevin Gormley
E: kevin.gormley@cimaglobal.com
CGMA CONFERENCE TO ADDRESS DATA ANALYTICS
FOR NI BUSINESS SECTOR

The AICPA and CIMA launched the CGMA designation
in January 2012 to elevate the profession of
management accounting and establish global criteria
for quality. All CIMA members automatically gain
the CGMA letters and have access to leading-edge
research, tools and techniques to keep you at the
forefront of your profession.
You will be part of a global community of professional
management accountants sharing best practice and
creating innovation. Our joint venture combines the
strength of the AICPA in North America with CIMA’s
presence in Europe, Asia, Africa and the Middle East.
The CGMA designation therefore provides a huge
opportunity to place management accountants on a truly
global platform for business excellence.
WHAT IS CGMA?...

CIMA IRELAND BENEVOLENT FUND
The CIMA benevolent fund here in
Ireland supports members and their
dependents facing difficulties and
hardship caused by serious illness,
bereavement, unemployment and other
misfortunes.
Established in 1992, the fund has helped many members through
difficult and stressful times for themselves and their families. Member’s
contributions, both financial and advisory, have contributed enormously.
Economic conditions, illness and or bereavement continue to prevent some
members achieving the success they had expected in their careers. In most
cases this is a temporary setback.Where there is a young family involved,
the consequences can be particularly distressing.The people the fund has
assisted have heart warming stories in which situations of despair have
become manageable, and rectified over time thanks to the contributions by
CIMA Ireland membership.
The fund is most appreciative of the support given by the members.
Nevertheless, in recent years, the economic climate has had an adverse
affect on a number of our members and fund expenditure is again
exceeding its income. CIMA Ireland is therefore asking members to
consider making a contribution to the fund.
There is no fixed amount asked or expected as every contribution is
valuable, but donations in the range of €30 to €50 tend to be the
standard. Some members exceed this amount significantly and we
acknowledge this extra generosity. Members who wish to contribute to the
fund can do so by completing the standing order form.All contributions
whether by standing order or once off payment are most appreciated.
STANDING ORDER – ANNUAL PAYMENT
Bank Name (The Manager):
Account Name: Account No:
Branch Address: Sort Code:
On the day of each year commencing on the day of pay the sum of €
(in words) to the following account:
CIMA Benevolent Fund IBAN number: IE03BOFI90149037010974 BIC code: BOFIIE2DXXX
Bank of Ireland, Baggot Street, Dublin 2
My/Our account will at all times contain sufficient funds to enable payment to be effected on the due date:
Signed:
Date: Address:
Note: This instruction cancels any previous instruction in favour of the above named under this reference. After returning form, please allow
3-4 weeks for standing order process to be completed. Please return to: Nicola Glynn, Member Services Manager, CIMA Ireland, 5th floor, Block
E, Iveagh Court, Harcourt Road, Dublin 2, Republic of Ireland.
PAGE 23
NETWORK NEWS | SPRING 2014
CIMA IRELAND BENEVOLENT FUND

Follow the CIMA on Twitter
www.twitter.com/cima_news
Follow the CIMA on Facebook
www.facebook.com/cimaireland
CIMA Ireland
5th floor, block E
Iveagh Court, Harcourt Road
Dublin 2, Ireland
T. +353 (0)1 6430400
E. cima.ireland@cimaglobal.com
www.cimaireland.com

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