Accounting, Audit & Compliance for Property Companies (Jun 26)
Category: Law & Regulation and Compliance | Duration: 1hr | Tag: VODLRESIE26S4 | Type: Video | Course Level: Advanced | Speaker: Lindsay Webber | Date: 25/06/2026 13:50
Course Details
Property companies in Ireland fall into two distinct categories — PSRA-regulated property service providers and Owner Management Companies (OMCs) established under the Multi-Unit Developments Act 2011 — and each carries its own set of regulatory, accounting, and audit obligations. For accountants advising or auditing these entities, understanding where company law, sector-specific regulation, and financial reporting requirements intersect is essential. This session gives you a structured, practical grounding in both entity types.
Lindsay Webber covers the following topics during this course:
- The PSRA regulatory framework — licence categories, client monies and annual returns
- OMCs under the MUD Act 2011 — establishment, obligations and company law considerations
- Accounting for OMCs — service charge income, sinking funds and MUD Act reporting
- Accounting for PSRA licensees — client monies treatment, revenue recognition and regulatory capital
- Audit and assurance — statutory requirements, client account audit reports and key audit risks
CPD Course Speaker
OmniPro Strategic Solutions
Lindsay Webber
As a head of Strategic Solutions at OmniPro, Lindsay’s focus is on helping practices achieve on-going best practice compliance, providing in-house training and technical assistance in audit and financial reporting.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.
Lindsay is a member of the South African Institute of Chartered Accountants and Chartered Accountants Ireland. She trained with KPMG in Johannesburg and specialised in external audit of financial services companies. She then spent six years lecturing audit and financial reporting to under-grad and post-grad students at Rhodes University in South Africa before moving to Ireland and returning to practice in a small, and then a medium sized firm where she was an audit manager. She is passionate about combining her academic and practice backgrounds to provide technical information in a useful and practical way.
Outside of her accounting qualifications Lindsay holds a PGDiploma in Higher Education from Rhodes University, an MBA from Trinity College Dublin and a Diploma in Forensic Accounting from Chartered Accountants Ireland.