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Monday 9am - 5:30pm Tuesday 9am - 5:30pm Wednesday 9am - 5:30pm Thursday 9am - 5:30pm Friday 8am - 5:30pm

Azets Ireland formerly Cooney Carey

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Azets Ireland formerly Cooney Carey

Chartered accountants and business advisors who care about people as much as we do about numbers! We have circa 50 staff and 5 business leaders.

Established in 1983, initially as an advisory and corporate recovery practice, Cooney Carey has since grown to offer auditing, taxation, company secretarial and general business advisory services. Over 25 years experience growing a business of our own means that wherever you are in terms of your organisation’s journey, we understand what you are going through and will work with you to devise the

ways and means to meet your current and future challenges. Our clients now include some of Ireland’s fastest growing and most highly regarded companies, as well as international businesses.

08/04/2025

Week 4: Internal vs. External Audits – Which Does Your Business Need? 🤔💼

Both internal and external audits offer unique benefits, but when should businesses use each?

🔹 Internal audits → Best for ongoing risk assessment, compliance checks, and operational improvements.
🔹 External audits → Necessary for financial statement verification, regulatory compliance, and stakeholder confidence.

For businesses aiming for long-term success, a combination of both can provide deeper insights and stronger financial controls.

Need tailored advice on audit strategies? Contact our expert team at [email protected] 📩

01/04/2025

Week 3: External Audits – The Key to Business Transparency & Trust 🔍🤝

While internal audits focus on business improvements, external audits provide independent validation of financial statements.

🔹 Why are external audits important?
✔️ Ensures compliance with financial laws & regulations
✔️ Provides an independent assessment of financial health
✔️ Increases stakeholder confidence & investor trust

However, external audits can be time-consuming and costly, especially for smaller companies. Despite this, they play a critical role in ensuring credibility and financial transparency.

Next Tuesday, we’ll discuss when businesses should use both internal and external audits for maximum effectiveness!

📩 Questions about audit best practices? Contact [email protected]

21/03/2025

People who succeed have momentum. The more they succeed, the more they want to succeed, and the more they find a way to succeed. Similarly, when someone is failing, the tendency is to get on a downward spiral that can even become a self-fulfilling prophecy. ~ Tony Robbins

18/03/2025

Week 2: The Role of Internal Audits – Strengthening Business from Within 🏛️✅

Internal audits are a proactive approach to risk management, corporate governance, and operational improvements.

📌 What makes internal audits valuable?
✅ Identifies operational inefficiencies & risk areas
✅ Helps businesses enhance internal controls & compliance
✅ Provides management with real-time insights for decision-making

While internal auditors work within a company, their objective analysis helps strengthen financial and operational stability. However, challenges such as maintaining independence and resource limitations can arise.

Next Tuesday, we’ll explore external audits and how they help build trust with stakeholders. Stay tuned! 👀

📩 Want to refine your internal audit strategy? Reach out at [email protected]

13/03/2025

📢 Sustainability & Compliance in 2025: What Irish Businesses Need to Know 🌍📊

Sustainability is no longer just a buzzword—it’s a business imperative. With Ireland’s Programme for Government reinforcing commitments to renewable energy, sustainable finance, and corporate ESG policies, businesses that fail to adapt risk falling behind. But what does this mean for Irish companies in 2025 and beyond?

💡 Key Trends Shaping Sustainability in Business:

✔️ The Rise of Sustainability Reporting: Ireland’s compliance with EU regulations like the Corporate Sustainability Reporting Directive (CSRD) means more businesses—even SMEs—will soon need to disclose their environmental, social, and governance (ESG) impacts.
✔️ Renewable Energy as a Business Strategy: Ireland is aiming for 80% of its electricity to come from renewables by 2030. Smart businesses are already leveraging green finance and tax incentives to transition early.
✔️ Supply Chain & Regulatory Risks: Companies operating in Ireland will need to monitor carbon footprints, improve biodiversity commitments, and meet stricter EU regulations—or risk penalties and reputational damage.

🔎 What Should Irish Businesses Do?

1️⃣ Assess Your ESG Impact → With regulations tightening, understanding your company’s environmental and financial footprint is crucial.
2️⃣ Leverage Green Finance Opportunities → The Irish government and EU are introducing funding & tax benefits for businesses that align with sustainability goals.
3️⃣ Build Supply Chain Resilience → Sustainability isn’t just about compliance—it’s about protecting your business from risks like climate-related supply chain disruptions.

📩 Want to future-proof your business? Let’s talk. Contact us at [email protected]

11/03/2025

Audits are essential for ensuring financial accuracy, risk management, and business integrity. But not all audits are the same!

In week 1 of our new Tuesday series, we explore the key differences between internal and external audits.

🔹 Internal Audit → Conducted by in-house auditors, focusing on risk management, governance, and operational efficiency.
🔹 External Audit → Performed by an independent firm to provide an objective assessment of a company's financial statements.

Each type serves a different purpose, but both are vital for business transparency and stakeholder trust.

Stay tuned next Tuesday as we take a deeper look into internal audits and how they help businesses improve risk management! 💡

📩 Need advice on audit processes? Contact us at [email protected]

25/02/2025

Week 4: The Future of Accounting: Adapting to Technological Change 🔮📊

In the concluding week of our series, we look ahead to the transformative changes awaiting in the accounting sphere thanks to blockchain and cryptocurrency.

Staying ahead in this fast-paced world demands accountants embrace continuous learning and adaptability. The fusion of these technologies into mainstream finance not only demands new knowledge but also opens avenues for providing strategic insights and advisory services to clients.

Prepare yourself for innovative business advisory roles and ensure your practices align with tomorrow's financial landscape. The future is not just to be anticipated—it's to be actively shaped.

Stay informed and pragmatic as you lead into this brave new world. For more information or to discuss your technological transition plans, reach out at [email protected] 🌏

14/02/2025

There are two types of people who will tell you that you cannot make a difference in this world: those who are afraid to try and those who are afraid you will succeed. 🌍 ~ Ray Goforth

13/02/2025

🔍 Understanding the Mortgage Interest Tax Credit for 2024! 🏠💰

As mortgage providers start issuing interest certificates for 2024, it’s crucial to know about the recently introduced mortgage interest tax credit. Make sure you’re not missing out!

What you’ll learn:

📈 Eligibility criteria and how to claim the credit
🏦 How the credit impacts your income tax for 2024
💡 Important details on mortgage balances & interest calculations
📝 Key steps to maximise your savings this year

Stay informed and ensure you’re taking full advantage of this tax-saving opportunity. Dive into our detailed blog to learn more!

🔗 Read More: https://www.cooneycarey.ie/2025/02/13/understanding-the-mortgage-interest-tax-credit-for-2024/

🏡📊

11/02/2025

Week 3: Opportunities and Challenges in Blockchain and Cryptocurrency 🚀⚖️

As we enter Week 3 of our series, we explore the dynamic duo: blockchain and cryptocurrency, and the unique prospects and hurdles they present.

Blockchain enables new business models through decentralisation, radically transforming industries by offering unparalleled transparency and efficiency. Conversely, challenges such as data privacy concerns and the need for skilled talent in blockchain technology remain significant.

Similarly, with cryptocurrency offering decentralisation and financial inclusivity, accountants face the evolving challenge of regulatory landscapes and market volatility—requiring a fine balance between innovation and risk management. 🔥

Join us in understanding how to turn these challenges into stepping stones for growth and efficiency in your accounting practices.

Get ready for our final week's insight into adapting to future technological changes in accounting! For assistance, connect at [email protected]

Address

The Courtyard, Carmanhall Road, Sandyford
Dublin
D18YD27

Opening Hours

Monday	9am - 5:30pm
Tuesday	9am - 5:30pm
Wednesday	9am - 5:30pm
Thursday	9am - 5:30pm
Friday	8am - 5:30pm

Website

http://www.azets.com/en-ie

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