Audit Manager at BDO Limited, Ronan Morrison, has recently been awarded the Diploma in Corporate Finance by professional membership body, Chartered Accountants Ireland.
“We operate in an ever changing regulatory and reporting environment and so continual development is essential to maintaining our exceptional standards. Ronan’s achievement is a clear demonstration of our commitment to remaining competitive and at the forefront of our industry,” said BDO managing director Richard Searle.
Mr Morrison values the opportunity to gain both practical experience across a variety of sectors, as well as world class training from internationally renowned bodies: “The firm previously supported me in the completion of the Certificate in New UK GAAP awarded by Chartered Accountants Ireland in 2015. With the industry experience I have gained since, as well as BDO’s additional support I have been able to excel at the Diploma in Corporate Finance.”
The addition of this knowledge to the team further strengthens the ability to lead in valuations offering locally whilst also harnessing the experience of the firm’s valuation team in London. BDO’s valuations team is one of the largest in the UK and includes experts who are published authors in the field.
The firm’s client base comprises listed companies, governments, lawyers and regulators as well as individuals and entrepreneurial businesses, and covers a wide range of sectors including Pharmaceutical, Financial Services, Natural Resources, Power & Utilities (including Water, Oil & Gas and Renewables), Retail, Real Estate, Manufacturing, Technology, Media and Telecommunications.
BDO’s valuations work includes valuations required for audit work, local business valuations and independent valuations for private equity houses and funds that are not audited by the firm.
Mr Morrison explained: “It’s an area of expertise that I really enjoy. There are many reasons why companies may require a valuation; be they local private entities or funds; as part of start-up, financing, succession planning or in the event of a shareholder dispute.
“For most transactions, disputes or planning, there is only one opportunity to present all of the facts appropriately in order to secure the optimum result. Achieving this involves a delicate interplay of business acumen, legal expertise, technical knowledge and commercial pragmatism.”
