Practice News

In today’s fast-paced business environment, small and medium-sized enterprises (SMEs) are increasingly vulnerable to financial crime. One of the most significant risks is money laundering, where illicit funds are disguised as legitimate income. At Garvey Associates, we know that understanding…

Employee stock options (ESOs) have become a popular tool for businesses looking to attract, retain, and motivate top talent. These programmes provide employees with the opportunity to own a piece of the company, aligning their interests with its long-term success. This article from Garvey Associates…

The gig economy has revolutionised the way we work, offering freelancers and contractors unparalleled flexibility and opportunities. However, this independence comes with its own set of financial challenges. At Garvey Associates we know that to succeed in this dynamic landscape, it’s crucial t…

The rise of digitalisation has transformed the way businesses manage their finances, and with it, the auditing process. A digital audit focuses on examining financial records stored in digital formats, including software, cloud systems, and automated processes. This article from Garvey Associates sh…

When assessing the health of a business, it’s tempting to focus solely on revenue and profit. While these figures are important, at Garvey Associates we know they don’t paint the full picture. Financial Key Performance Indicators (KPIs) allow businesses to evaluate performance more holis…

In a world of economic volatility, supply chain disruptions, and unforeseen global events, financial stability is a challenge for businesses of all sizes. For SMEs and larger firms alike, a well-prepared financial contingency plan is not just a safeguard—it’s a necessity. This article fr…

As Irish SMEs increasingly engage in international trade, managing currency risks has become a crucial aspect of maintaining profitability. Fluctuations in exchange rates can erode margins, disrupt cash flow, and create uncertainty for businesses reliant on cross-border transactions. This article fr…

As businesses face increasing pressure to reduce their environmental impact, embracing green initiatives is not only good for the planet but also for profitability. At Garvey Associates, we know that sustainable tax practices offer a unique opportunity for businesses to align their environmental goa…

In an unpredictable world, businesses face constant challenges that can disrupt operations, alter markets, or upend growth plans. At Garvey Associates, we know that scenario planning is a vital strategy that helps business owners prepare for the unexpected, enabling them to adapt swiftly and maintai…

Growing from a start-up to a scale-up is an exciting yet challenging journey, requiring a shift in financial strategy to support sustained expansion. Unlike start-ups, which are often focused on survival, scale-ups aim for stable growth, market presence, and increased profitability. This article fro…