Dramatic changes to Irish company law will come into force on 1 June 2015 which will impact tens of thousands of company directors, secretaries, accountants and solicitors all over the country. These changes are contained in the Companies Act 2014 which has been 17 years in consultation and is the largest piece of legislation enacted in the history of the state.
KnowledgeBase, the Dublin based eLearning company has published a free resource to assist those affected by the new company law regime that comes into force on 1 June. This resource, which includes video content and can be accessed for free on the KnowledgeBase website at www.knowledgebase.ie, gives a summary of the some of the main changes brought in with commencement of the Companies Act.
Maeve Harrington, Director of KnowledgeBase said “KnowledgeBase has produced this overview of the new Irish company law regime that comes into force on 1 June in response to the sheer volume of queries from those affected by it, and who are unsure as to what the changes in the legislation mean. Created by company law experts and practitioners, we believe that the tens of thousands of company directors, secretaries, accountants and solicitors will all find this overview extremely beneficial in preparing for the introduction of the Companies Act.”
“KnowledgeBase’s free resource is very practical in its application and is designed to arm users with what they need to know from 1 June. Topics covered include information on preparing and filing accounts, qualifying for audit exemptions, the updated legislative references for directors meetings and board minutes, details on the categories of new offences and converting to one of the new company types.” continued Maeve Harrington, Director of KnowledgeBase.
New eLearning platform for busy professionals using state of the art technology
Launched in March 2015, KnowledgeBase’s interactive eLearning resource provides busy professionals with detailed information on a range of important legal, regulatory and business subjects. KnowledgeBase’s first offering is an interactive, easy to use online resource for the Companies Act 2014.
Using state of the art technology, KnowledgeBase blends the necessary online content with video tutorials and also provides a mechanism for tracking progress and understanding.
Maeve Harrington, Director of KnowledgeBase said “The combination of a platform developed by leading web developers and content that has been created and reviewed by distinguished company law experts has brought about an extremely powerful tool which functions both as a convenient guide to the Companies Act and also an easy to use and convenient method of further education for busy professionals.”
New Companies Act
Speaking about the new Companies Act 2014, which is the first subject to be covered by KnowledgeBase, Maeve Harrington Director of KnowledgeBase said “Users of KnowledgeBase are able to bring themselves up to speed with complex legislation like the Companies Act 2014. Functionality is central to the KnowledgeBase platform, and can be accessed from any device 24/7 in the office or on the go. We believe it will change the way users’ reference information and acquire training in relation to the Companies Act 2014.”
The KnowledgeBase team has been brought together by Peter Stewart, a veteran of a number of start-ups businesses in financial and management services and has extensive leadership and director experience including a spell as a director of NAMA. The team includes content director, Anthony Thuillier barrister, lecturer and author of “Company Law in Ireland”, Maeve Harrington an experienced marketing professional and project manager and Mark Stewart of Cloud Nine Consulting who heads up the tech development.