Current Issues with Owner Management Companies (ROI)

Speaker – Will Townsend, Cooney Carey

• What is an Owners Management Company (Residential / Mixed Use Development)?
• Multi-Unit Development Act, 2011 – what companies does it apply to?
• Accounting & Auditing issues that may arise
• Revenue recognition
• Taxation matters
• Service charge debtor’s collection and inclusion of impairment provision or not
• Revenue recognition – service charges, sinking fund, levies
• Use of a service organisation – property manager (PSRA)
• Related party transactions – common examples (directors, developers, property managers)
• Fixed assets – capitalisation or expense
• Going concern – potential cash flow issues need to be reviewed
• MUD Act 2011 – needs to be considered
• Application of audit exemption abridged financial statements and FRS 102 1A
• Directors Report v’s MUD Annual Report requirements
• Current topical issues

This webinar is part of the Republic of Ireland CPD Box Set. You can purchase this webinar for €55 per place (below) or book the full box set of over 50 webinar for €300 per place.

(ROI) courses are for sale to accountants in the Republic of Ireland.  The on-demand courses are also available as part of the ROI Box Set – click here for details.