“It is a challenging enough environment out there without the need to talk ourselves down” – Vivian Nathan, Chief Operating Officer, Baker Tilly Ireland
ACTIVITY
The firm has grown steadily over the past year in both Cork and Dublin and we are seeing a continued steady stream of FDI work coming in.
Our international connection to Baker Tilly is a very strong calling card.
In terms of seeing change, I would say that we are moving into more medium to larger audit assignments.
DEVELOPMENTS
Our parent firm MHA listed on the London Stock Exchange last April, which has proven to be very successful for the whole group.
It has also been a unique selling point for us in looking to further expand and attract staff as a very real alternative to private equity funds.
We have also expanded our audit and advisory services considerably in Technology, Infrastructure, Pharma and Financial Services sectors.
In addition we are in the process of moving to a brand new office in Dublin over the next few months that will see us upgrade our facilities significantly and aid our goal of being the employer of choice.
TECHNOLOGY
The main factors include technological advancement (particularly AI), regulatory and compliance pressures, evolving client expectations, talent challenges, and increased focus on ESG and sustainability reporting
For our firm we would envisage that AI would improve efficiency and reduce routine workload.
For example: AI tools assist in analysing large volumes of transactions quickly; draft financial summaries and management reports can be generated and refined rather than written from scratch; and risk-based audit tools highlight unusual patterns requiring professional judgment.
Vivian Nathan, Chief Operating Officer at Baker Tilly Ireland
OUTLOOK
I would be very positive and I think that is important — it is a challenging enough environment out there without the need to talk ourselves down.
We have the people, the skills and drive to make it work.