Local Inspiration from Rua

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Aran McMahon from Rua pictured with students Stephen McDermott, Daniel Conway and Steven O Brien

Aran McMahon from Rua pictured with students Stephen McDermott, Daniel Conway and Steven O Brien

On 23rd of April, fifth and transition year business and economics students were given an insight into the running  of a local business in Castlebar.

Aran McMahon co-owner of Rua on Spencer St and Cafe Rua on New Antrim street, gave an inspiring and informative presentation on the twelve main steps to owning and running your own business.

Aran has  invited students to carry out a SWOT analysis and to submit ideas on possible expansion for Rua.

Well done to all the students involved.

Many thanks to Aran for his time.

Lets start generating those ideas!

What is Management Accounting?

Now that we have started Section 3 of the Accounting course, have a look at the following video that explains what management or managerial accounting is and the difference between financial accounting and management accounting.

St Gerald’s 5th Year Accounting students attend SAP Summit in the Convention Centre

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Generation Euro Video

Have a look at our winning team in action.

Click here and use the password password to watch the video.

Published Accounts

Here is a solution to the 2009 Published Accounts (HL) question. Thanks to mystudymate.ie


Now take an online revision quiz to test your knowledge of Published Accounts.

St. Gerald’s students make the National Press!

irish times
Source: TheIrish Times Tuesday 24th March 2015 : Business p.3

Annual Report of a Company

All limited companies are required by law to produce company accounts and a report annually.

This Annual Report consists of:

1.The Directors’ Report

2. The Auditor’s Report

3. The Financial Statements (Profit and Loss Account and Balance Sheet).

CRH PLC has consistently won awards for its Annual Report.

Have a look at the 2013 Annual Report for CRH PLC.

Why do you think this report has won awards? Answer in the comments to this post.


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