International bouquet at Athlone accounting event

Corporate governance, valuation models for investing in wine and the role of pension fund trustees were just some of the topics explored at an international accounting and finance conference in Athlone last week. The Irish Accounting and Finance Association (IAFA) annual conference was hosted by Athlone Institute of Technology. This year’s conference had a large international element, with speakers from eight different countries including Canada, the United Arab Emirates, Australia and Indonesia. The one hundred-plus delegates were primarily academic staff from higher education institutions in Ireland that work in the field of accounting or finance. Corporate governance issues that were highlighted in the DCC and Fyffes case, in particular the role played by DCC CEO, Jim Flavin, in the governance of both companies, were explored by three leading academics from UCD. Ciarán Ó hÓgartaigh, Niamh Brennan and Aileen Pearse presented a paper on Friday entitled ‘A big man in business: A case of dominate ownership’. ‘Very proud’ Valuation models for investing in fine wine was the subject of a paper presented by two lecturers from UL, Gary Gubbins and Sheila Killian. They focused on returns on the en Primeur wines from the 1855 Classification in the Medoc area of Bordeaux. Eoin Langan, Head of Department of Professional Accountancy and Financial Services, said: ‘The Business School at AIT is very proud to host this international conference. The range of papers being presented and the international array of speakers is indicative of the level of academic activity in accounting and finance at present.’ Athlone Institute of Technology offers undergraduate and postgraduate programmes in accounting and finance, including a BA (Hons) in Accounting and an MA in Accounting. The institute also offers programmes preparing learners for the examinations of the professional accountancy bodies. The IAFA is an academic organisation, whose aim is to promote high quality research and teaching of accounting, finance and related subjects, particularly in the Irish third level education sector. For further information visit www.iafa.ie .