Post by KPMG Ireland

The KPMG Bi-Annual Financial Reporting Seminar took place today, bringing together finance, accounting, audit and risk specialists to share the latest developments shaping financial reporting and governance. One theme came through consistently: uncertainty is no longer a cycle — it’s the baseline.   The macro outlook remains cautiously optimistic. Ireland is holding up well, but growth is softening and becoming more domestically driven, with geopolitical risk now a constant backdrop. At the same time, rising costs and interest rates point to a more challenging environment. Against this backdrop, the pace of change in reporting and risk is accelerating. IFRS, ESG and governance standards continue to evolve, as does tax, including the impact of Pillar 2. Control frameworks are changing and becoming more robust and Cyber and AI risks are rapidly changing, systemic and are firmly board-level issues. Overall takeaway: the focus is shifting from growth to resilience, governance and long-term sustainability. Keith Watt | Daragh Mc Greal | Terence Coveney | David Drought | Adam Brady | Ciara Looney | Rebecca Whitmore | Dani Michaux