Friday Funnies: Warning!

About Cooney Carey

We’re a firm of business advisors and chartered accountants. We earn and hold the trust of our clients by proving wisdom and energy.

If you need help with tax or finance, we have the right people for the job.

What Challenges Do You Face?

We are happy to help. Please give our friendly team a call on 01 677 9000. Alternatively, send us an email: info@cooneycarey.ie

To keep in touch, connect with us on LinkedIn.

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    Posted on May 17, 2019 by Cooney Carey

    Health And Safety In The Workplace

    The rules and regulations around health and safety in the workplace can be complicated, but they are there for a good reason, too, as we found out when we recently attended a very important CPD course, you might find the following of interest.

    If one of your employees, or a member of the public get hurt on your premises and it turns out that you have not fully complied with your Health and Safety responsibilities, the consequences can be very serious.

    Amongst other things employers should consider, the following are the key points in relation to Health and Safety Legislation and good practice to avoid prosecution by enforcing authorities

    1:           The preparation of a General Health and Safety Policy Document:

    • Arrange for an inspection to be carried out to identify areas of non-compliance.
    • Put a framework in place to establish and publicise the company Health and Safety Policy and Procedures for your employees.
    • Identify any special arrangements and/or emergency procedures relation to your workplace.
    • Establish a means for risk assessments to be carried out, recorded and reviewed.
    • Establish a workplace inspection procedure and monitoring audit trail, maintenance of risk registers.
    • Liaise with Insurance Brokers to ensure adequate insurances are in place.

    2:           The preparation of a Health and Safety Policy and Procedures Handbook:

    • Health and Safety General Policy.
    • Organisation structure for the implementation of the Policy.
    • Management Responsibilities and Individual Responsibilities.
    • Keeping Record sheets and Action Logs.
    • Ensuring specific arrangements are catered for.

    3:           Maintenance of Safety Records:

    • Accidents, incidents or dangerous occurrences.
    • Report Forms.
    • Implementation checklists.
    • Accident and investigation reports.
    • Fire procedures reviews.

    4:           Employee Safety:

    • Provision of training on a periodic basis and retain evidence of same – Informed employees are safer employees.
    • Ensuring employees know their responsibilities too.
    • Fire/emergency procedures.
    • First Aid.

    For more information please see www.hsa.ie

    What Questions Do You Have?

    We are happy to help. Please contact our team on 01-6779000. Alternatively, send us an email: info@cooneycarey.ie

    To keep in touch, connect with our friendly team on LinkedIn.

    If this article helped you, please share it with other businesses.

    Image by Yerson Retamal from Pixabay

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      Posted on May 13, 2019 by Mary Flanagan

      Internal audit

      Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation’s operations.

      Internal audits are a key management control activity that ensures the internal business processes are consistent.

      An internal audit is a form of audit process that occurs within the organisation to assess the conformity of internal processes and systems. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Phases of an internal audit:

      1. Preparation Phase – Documentation and gathering of information and deciding on tests required.
      2. Performance Phase – We perform audit work to review and evaluate whether appropriate key controls exist and, if so, that they operate effectively.
      3. Reporting Phase – The report will include a summary of the objectives, list of nonconformities and any relevant observations.
      4. Follow-Up Phase – Follow up audits are required to ascertain whether appropriate action has been taken to rectify any nonconformities that were identified. These follow up audits should of course be prepared, performed, and reported along the same lines as the original audit, to ensure their effectiveness.

      Let us help you make recommendations regarding the implementation of internal controls in your business and help management monitor the effectiveness of the controls in an ever-changing environment.

      You can learn more about internal controls here.

      What questions do you have?

      We are happy to help. Please post your comment below or call Lisa Byrne, Audit Manager at Cooney Carey, on 01 677 9000. Alternatively, send her an email: lbyrne@cooneycarey.ie 

      If this article helped you, please share it with other businesses.

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        Posted on May 6, 2019 by Lisa Byrne

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