Category Archives: Press Releases

PKF-FPM Win Big at BEFTA Awards

PKF-FPM Accountants were the inaugural winners of the new ‘Professional Services Firm of the Year’ category at the prestigious Northern Ireland BEFTA Business Awards in Belfast.


The awards, now in their 13th year and re-branded from the former UTV Business Eye Awards, were presented at a glittering ceremony attended by a 600 strong business audience at ICC Belfast. Sponsored by First Trust Bank, the awards honoured companies and business leaders across 18 different categories, rewarding growth, innovation and commitment to CSR, the environment and people development.


Describing the calibre of those shortlisted, Richard Buckley, Editor of Business Eye commented, “We had a record-breaking entry in 2018 and both the scale and quality of that entry illustrates the strength of the local business sector.”


Speaking at the awards, Adrian Moynihan, Head of First Trust Bank said;


“The BEFTAs are Northern Ireland’s longest running business awards and are an opportunity to celebrate the stand-out organisations and leaders in our business community, while very importantly recognising the value of their achievements to our economy and wider society.


Everyone who has been shortlisted and our winners should be very proud of their achievements.


The event is also an important platform to beat the drum for the Northern Ireland business community and given the uncertain times we live in, politically and economically, we must ensure our voices are heard loud and clear at this critical time of Brexit negotiations.”


The awards were attended by members of Team PKF-FPM
Photograph: Press Eye


Michelle Hawkins and Teresa Campbell from PKF FPM Accountants won Professional Services Firm of the Year at BEFTA Awards, presented by Chris Power from Davy. Photograph: Press Eye.

PKF-FPM Secure Hat-trick of Victories at UK Accountancy Awards

NI Headquartered independent accountancy practice, PKF-FPM, proved to be leading their sector when awarded with three of the most sought-after honours at the British Accountancy Awards Gala, which took place on 26 September 2018 in Grosvenor House, Park Lane, London.


The magnitude of taking home all awards shortlisted for, namely: Mid-Tier Firm of the Year, Tax Team of the Year and Partner of the Year – awarded to Managing Partner Feargal McCormack, was further highlighted by the Judging Panel’s comments ‘never before have three categories been awarded to one firm’ especially when ‘the surge and calibre of entries in 2018 has been our most hotly contested year so far and this year’s shortlist is the strongest it has ever been!’


In expressing her delight for the awards, PKF-FPM Director Teresa Campbell added, ‘the success of these 3 awards reflects the collective passion of Team PKF-FPM, indeed such accomplishments have further energised the team for continuous improvement to exceed client expectations, delivering excellence in our industry.’


The Awards Ceremony, hosted by Mock the Week star, Josh Widdicombe, attracted upwards of 1,000 guests, including high profile leaders from the UK business and accountancy sectors.


Consistently at the top of their game and recognised as Best in Class by their peers in both Britain and Ireland, 2018 has proven to be a phenomenal year for PKF-FPM, as they were awarded Tax Team of the Year at the Irish Accountancy Awards and were listed on the Sunday Times Top 100 Companies to Work for UK Wide.


PKF-FPM were represented at the awards by a cross section of team members, including: Feargal McCormack, Paddy Harty, Teresa Campbell, Malachy McLernon, Caroline Preston and Lauren Quinn.



PKF-FPM shortlisted for three categories at British Accountancy Awards

PKF-FPM Accountants, have been shortlisted for 3 categories at the British Accountancy Awards, namely: Mid-Tier Firm of the Year; Tax Team of the Year; and Partner of the Year.


PKF-FPM recently won Tax Team of the Year at the Irish Accountancy Award 2018, against stiff competition and are current holders of the UK Mid-Tier Firm of the Year.


The only Northern Ireland practice to be shortlisted for the British Accountancy Awards 2018, Paddy Harty, Senior Tax Director, outlined his pride at the nomination stating, ‘The British Accountancy Awards attracts the very best in the industry and it is an honour to be selected as industry leaders in our respected fields and recognised for delivering excellence’


This year saw a surge in the calibre of entries for the British Accountancy Awards, with the judging panel commenting that ‘2018 has been our most hotly contested year so far and this year’s shortlist is the strongest it has ever been!’


The awards ceremony, which will be attended by over 1,000 guests, from industry, practice and the public sector, will take place in the prestige Grosvenor House Hotel, Park Lane, London on Wednesday 26th September.




Prepare for customs checks and controls after Brexit, say Chartered Accountants

Businesses need to get serious about the prospect of a no deal Brexit 

Today (Monday 16 July 2018), Chartered Accountants Ireland and the Institute of Chartered Accountants in England and Wales (ICAEW) have unveiled a joint publication which will help both Irish and UK businesses prepare for customs checks and controls that they could face after Brexit.


The publication, entitled Taking the Lead – Chartered Accountants and Brexit” provides easy-to-follow guidance on how the EU customs system works, how customs duties are paid, and also helps readers in Ireland and the UK understand supply chain challenges and other barriers to trade which they are very likely to face after Brexit. Many traders in Ireland and the UK will be dealing with these issues for the first time and for them this guide will be critical.


President of Chartered Accountants Ireland, Feargal McCormack said: “Businesses need to get serious about Brexit now. Given the outcomes of the negotiations so far, a no-deal Brexit is a realistic prospect and traders need to examine their supply chains, look at their cash flow and get up date customs knowledge in order to deal with a potentially hazardous trading landscape. This guide will go a long way in helping to do this.”


Chartered Accountants Ireland is providing this guide to all of our members and to elected representatives across the island.


PKF-FPM win Managing Talent Award at The Irish News Workplace & Employment Awards 2018

On what was the 12th year of The Irish News Workplace & Employment Awards, the judges described it as a, “spectacular year … which has shattered all previous records for entry numbers and quality of applications.”


Up against a mix of exceptional blue-chip companies, innovative firms and impressive public sector and educational bodies, PKF-FPM were delighted to be announced winner of Managing Talent Award for Large Companies at Northern Ireland’s premier business awards on June 14, when more than 600 guests gathered for the glittering bash in Titanic Belfast.


Congratulating PKF-FPM on their achievement, The Irish News stated “It’s been another momentous year for a company that, where managing its talents are concerned, has for years been a champion of evolutionary change. Its staff are continuously challenged to move outside their comfort zones, and the systems it has in place to develop its staff are constantly evolving and improving. Its training isn’t just good, it’s world class.”


At PKF-FPM our focus is to lead, mobilise and energise our most vital resources for orchestrating strategies and solutions for clients – our PEOPLE.


PKF-FPM Staff Director, Teresa Campbell, said: “We’ve been successful in building an exceptionally talented team here at PKF-FPM and I know that all of them will enjoy celebrating this award just as much as I will.  By connecting, coaching and inspiring staff, we empower TEAM PKF-FPM to be the very best that they can be. Watching staff grow and develop into exceptional practitioners and leaders is a major motivator for us. We’ve got big plans for the year ahead, where we’ll keep trying to be even better for our clients. We can’t wait for another great year.”


Over the past 12 months, we’ve invested heavily in our team and this award comes after winning Tax Team of the Year at the Irish Accountancy Awards 2018 and being placed in The Sunday Times 2018 100 Best Companies to Work For, earlier this year.



Ireland’s Largest Accountancy Body Elects New President

New Chartered Accountants President says current political uncertainty puts jobs at stake.

Feargal McCormack has been elected President of Chartered Accountants Ireland at its 130th Annual General Meeting in Belfast.


Addressing the Chartered Accountants Ireland AGM in Belfast today (18 May 2018), Mr McCormack highlighted the current political and economic uncertainty on the island of Ireland and expressed his view that delivering political stability is the vital factor in securing a positive economic future on the island.


He said: “At present the uncertainty around Brexit and the lack of a functioning Northern Ireland Executive are very challenging. Put plainly, businesses are unlikely to make significant investment decisions in an uncertain environment. This uncertainty is putting jobs, economic growth and prosperity are at stake.


“We must recognise that the one factor which will make the biggest contribution to the international competitiveness in Northern Ireland and on the island of Ireland is political stability. Stability should naturally incorporate an agreement on any Brexit arrangements going forward, given the evolution of the island economy and the land border between Northern Ireland and the Republic of Ireland.


“We have recently acknowledged the 20th Anniversary of the Good Friday/ Belfast Agreement which attempted to draw a line under the past and to set a vision for the future based on partnership, equality and mutual respect.


“Despite the best efforts of the Northern Ireland political parties and the British and Irish Governments, the reality is that the journey of implementation has been just a complex as Chairman of the peace negotiations, George Mitchell, envisaged they would be.


“Huge progress has been made, not only in terms of lives saved, but the economic and quality of life on the island has been transformed. Therefore, we must support and encourage our politicians to grasp the current opportunity to deliver political stability for the island of Ireland. We owe it to our, and to future generations, to ensure that political stability and mutual understanding are the norm.


“Looking to the future, I am confident that Chartered Accountants Ireland will continue to be a progressive and outward-looking organisation, dynamically engaged with its many constituencies and driven by a vision, not just for itself, but for the community it serves.”


Addressing his own objectives for his presidential year, Mr McCormack intimated that his overarching theme would be caring and people focused – in reality this would mean caring for members, staff, trainee students and the community.


Mr McCormack, who takes over as President from Shauna Greely, is Managing Director of PKF-FPM, a Chartered Accountancy and business consultancy practice with offices in Newry, Belfast, Dungannon, Dundalk, Mallusk and Balbriggan, Dublin.


A lifelong resident of Warrenpoint, Co. Down, Mr McCormack becomes the first Northern President of Chartered Accountants Ireland to come from outside of Belfast.


Chartered Accountants Ireland represents 26,500 Chartered Accountants throughout the island of Ireland and in 93 countries around the globe. It is the largest, longest established and fastest growing professional accountancy body in Ireland.


At today’s AGM, Conall O’Halloran, Partner and Head of Audit Practice with KPMG, based in Dublin was elected Deputy President of Chartered Accountants Ireland. Paul Henry, Director at Osborne King, Belfast was elected Vice-President.



PKF-FPM win Tax Team of the Year Award at the Irish Accountancy Awards 2018

Leading island based accountancy and tax consultancy practice PKF-FPM Accountants have won the Tax Team of the Year Award at the prestigious Irish Accountancy Awards Gala Banquet Ceremony which took place on Thursday 26th April 2018 at the Ballsbridge Hotel in Dublin.


In presenting the Tax Team of the Year Award to PKF-FPM, the judges highlighted the practice’s Cross Border Tax Centre of Excellence incorporating Irish and UK taxes.


The Awards Ceremony, hosted by Colm O’Regan, critically acclaimed stand-up comedian, columnist and broadcaster, attracted a very influential audience, including high profile leaders from the Irish business and accountancy sectors.


An excited Tax Partner, Malachy McLernon accepted the Award on behalf of PKF-FPM from Award Sponsor, Gary Cullen, Director, Harvest Financial Services Limited.


Post the event, PKF-FPM Senior Tax Partner, Paddy Harty stated that “the practice was delighted that its desire and commitment to provide Best in Class tax advice and creative thought leadership tax advice across Ireland and Northern Ireland had been acknowledged nationally. He added PKF-FPM have created an exciting environment of tax specialists who love tax, are well connected through PKF International global network and thrive on being one step ahead of the ever changing tax environment”.


A cross section of members of TEAM PKF-FPM attended the Award Ceremony.




Gary Cullen, Director of Harvest Financial Services presents the Tax Team of the Year Award to PKF-FPM Director, Malachy McLernon, at the Irish Accountancy Awards 2018, held in Dublin on 26th April 2018.


PKF-FPM – Placed in The Sunday Times 2018 Top 100 Best Small Companies to Work for in the UK

Leading island accountancy practice PKF-FPM has scored another milestone success…. after being placed in the prestigious Sunday Times Top 100 Best Small Companies to Work for 2018.


PKF-FPM Accountants, currently employing 120 plus staff across six offices – 4 in Northern Ireland and 2 in the Republic of Ireland has established a reputation as one of the leading independent accountancy and business advisory firms operating on the island of Ireland.


Annually The Sunday Times assess and recognise the quality and popularity of companies to work for in the UK, across all sectors and industries. Now in its 18th year, the ‘Best Companies To Work For’ ranking celebrates the elite of Britain’s employers across four different categories: The 100 Best Companies, the 25 Best Big Companies, the 100 Best Small Companies and 100 Best Not-for Profit Organisations.


On average around 1,000 companies enter the Awards each year, making it widely acknowledged as the most comprehensive research into employee engagement across the UK.


Places in the rankings are determined by results of a extensive staff survey measuring seven key areas including Leadership; Personal Growth; Team; and Giving Something Back alongside a review of pay, benefits and work-life balance. Ranked 64th in the small-sized business category, PKF-FPM attained the maximum 3 Stars accreditation for ‘extraordinary’ levels of engagement. Indeed PKF-FPM were the only independent Northern Ireland firm to be recognised in their category.


The glittering Awards Gala Ceremony, hosted by I’m a Celebrity – Get me out of Here! Now! T.V. presenter, Mark Durden-Smith, took place on Wednesday evening 21 February 2018 at Battersea Evolution, Battersea Park in London. PKF-FPM Staff Director Teresa Campbell and Managing Director Feargal McCormack received the prestigious award on behalf of PKF-FPM Accountants.


On taking their place in this year’s Sunday Times Top 100 rankings, PKF-FPM founder and Managing Director, Feargal McCormack, stated that he was “humbled and overjoyed for the recognition of the collective PKF-FPM team”. He added “Our goal is to foster a culture that supports greatness, we strive to attract and retain the brightest and best and to inspire and develop the emerging leaders of tomorrow. PKF-FPM has been successful in managing talent and developing a strong client focused business team, to ensure excellence in service delivery at all levels.”


A very excited Staff Director Teresa Campbell added: “inclusion in The Sunday Times 2018 Top 100 Best Small Companies to work for in the UK, means that PKF-FPM Accountants has now been recognised and acknowledged as an exemplar employer in a variety of national Awards for the fourth successive year.”


The Sunday Times Top 100 accolade, when combined with the recent successes at the British Accountancy Awards 2017 – Mid-Tier Firm of the Year, Overall Firm of the Year at the Irish Accountancy Awards 2017 and The Irish News Workplace and Employment Awards 2017 Managing Talent Award, provide PKF-FPM with the opportunity to celebrate a quadruple crown of significant wins in the past 12 months.


Feargal and Teresa were joined at the London Awards Ceremony by PKF-FPM HR Manager Ciara McFerran and Caroline Preston, PKF-FPM Business Development Manager.


Picture left to right – Team PKF-FPM members Caroline Preston Business Development Manager, Teresa Campbell Staff Director, Ciara McFerran HR Manager, Feargal McCormack Managing Director.


Padraig McManus delivers keynote speech at the PKF-FPM / Ulster University Business School Leadership Event

“If you can get those around you to buy into your strategy and what you are trying to achieve, you are on the road to becoming a leader.”


These were just some of the thoughts shared with business leaders by former Chairman of Eir and Mincon Group Plc, Padraig McManus, as keynote speaker at the PKF-FPM Annual Leadership Talk.


The event was part of the 2018 MLM Management Month initiative, in association with Ulster University Business School held at the Belfast campus.


Born of Northern Ireland parents in Co. Kildare, Padraig McManus graduated as an engineer from UCD in 1973. He then joined the Electricity Supply Board (ESB) following in the footsteps of his father who was also an ESB engineer.


Padraig worked in a number of roles with ESB including serving as CEO for almost 10 years. In 2010, he led the £1bn acquisition of NIE Networks overseeing the financial, political and general stakeholder issues of integrating the business into the ESB Group.


Chairman of Eir (Eircom Holdings Ltd) from 2012 to 2017, he was also Chairman of mining equipment manufacturer Mincon Group Plc from 2013 to 2017.


A Fellow of the Institute of Engineers in Ireland, Padraig is currently President of the Economic and Social Research Institute of Ireland, Chairman of the National Maternity Hospital Foundation and Chairman of the Curragh Racecourse. He is on the Council of Chartered Accountants Ireland and is a former board member of the Irish Management Institute and Business in the Community.


During the one-hour conversation with broadcaster Gerry Kelly, Padraig gave a detailed overview of his career and also talked about the many community projects in which he has been involved including voluntary trips to Ghana to rebuild primary and secondary Schools.


Speaking at the event, which attracted a capacity audience, PKF-FPM Accountants Managing Director, Feargal McCormack, stated that Padraig’s contribution to both social and economic sectors on the island of Ireland has been considerable. “Padraig has shared his business experience and expertise most generously in supporting many organisations and individuals across Ireland and as such, is a significant role model for our own existing and aspiring business leaders. It has been most inspiring to hear his story today and to get some insight into the approach of a great leader.”


Professor Mark Durkin, Executive Dean of the Ulster University Business School, said: “We were delighted to work with Professor Feargal McCormack and his team at PKF-FPM in organising the now very well established Annual Leadership Talk. As a business school that is committed to stimulating entrepreneurial thinking and driving innovative approaches to doing business, it is invaluable to hear from leaders who have practical and real experience. Padraig demonstrated that entrepreneurial flair in his talk and it was an honour to welcome such a successful business figure to share with us his thoughts on leadership.”





Momentous Night for PKF-FPM at the British Accountancy Awards

Leading island based accountancy practice PKF-FPM Accountants with offices in Northern Ireland and Ireland, continued an amazing 2017, when they won the prestigious Mid-Tier Firm of Year Award at the glittering British Accountancy Awards Gala Banquet Ceremony which took place last night (13 October 2017) at the Hilton Park Lane Hotel, in London.



The Mid-Tier Firm of the Year Award is awarded to the firm with turnover between £3m and £25m that demonstrates how the firm has added significant value to its clients and across all service areas. It was acknowledged that PKF-FPM provided a range of exceptional services, which had been fundamental in enabling their clients to achieve their business goals. It was noted, as champions of evolutionary change, PKF-FPM embrace the ever-changing economic landscape, challenging traditional perceptions and equipping clients to minimise threats, maximise opportunities and advance from reaction and weakness to pro-activity and strength, positioning clients for success.



The Newry headquartered practice was the only firm to have been shortlisted in three national categories at the British Accountancy Awards, the other two categories being: Tax Team of the Year and Accounting Innovation Project of the Year. The Awards Ceremony, hosted by Mock the Week star, Hugh Dennis, attracted upwards of 1,000 guests, including high profile leaders from the UK business and accountancy sectors.



PKF-FPM Accountants (formally FPM Chartered Accountants) were established in 1991 and the practice is now a member of PKF International (PKFI), one of the leading international accountancy networks, which was named the “fastest growing major accountancy network in the UK and Ireland’ in 2016.


Earlier this year, PKF-FPM won the Large Practice of the Year Award and the Overall Practice of the Year Award at the Irish Accountancy Awards, thus uniquely, are currently recognised as Best in Class by their peers in both Britain and Ireland.


On a momentous evening in London, receiving the Mid-Tier Firm of the Year Award, PKF-FPM founder and Managing Director, Feargal McCormack stated that he was overwhelmed, but delighted to accept the Award on behalf of a passionate and caring Team PKF-FPM. He added PKF-FPM desire to create the highest possible operating standards and to develop the character and culture of our people, because we believe that collective team character will be vital to our success and exceeding clients expectations.



Feargal was joined at the presentation ceremony by a cross section of members of Team PKF-FPM, including: fellow directors and staff: Paddy Harty, Teresa Campbell, Malachy McLernon, Nicole Curran and Caroline Preston.


PKF-FPM Winners of the prestigious Mid-Tier Firm of the Year Award. Founder and Managing Director Feargal McCormack with fellow directors and staff collect their award at the British Accountancy Awards Gala Banquet Ceremony at the Hilton Park Hotel in London. back row l-r Malachy McLernon, Feargal McCormack, Paddy Harty, front row l-r Caroline Preston, Teresa Campbell and Nicole Curran.

Momentous Night for PKF-FPM Accountants at the British Accountancy Awards Ceremony hosted by Mock the Week Star Hugh Dennis and award sponsor SAGE, Feargal McCormack with fellow Directors and staff Paddy Harty, Teresa Campbell, Malachy McLernon, Nicole Curran and Caroline Preston on stage collecting their prestigious Mid-Tier Firm of the Year Award.