IFAC Ireland

What IFAC Ireland does

IFAC Ireland (legal name: Irish Farm Accounts Co-operative Society Limited) is a professional services firm founded in 1976 and headquartered in Kilkenny, Ireland, operating as an Industrial and Provident Society co-operative. The firm provides specialised accounting, tax, audit, advisory, financial planning, HR/payroll, sustainability/ESG, and succession planning services to farming families, food and agribusiness SMEs, family businesses, and pharmacy/retail clients across the Republic of Ireland. It operates through a nationwide network of 30+ offices in all four provinces, supported by over 160 mobile bookkeepers providing on-premise service, and employs over 500 advisors in total.

The firm's service architecture combines traditional professional services with two proprietary digital products: FarmPro, a farm financial management platform integrated with IFAC bookkeeping records that provides real-time cash flow, profit monitoring, and production-cost analytics (including Teagasc Profit Monitor reporting); and Cashminder, a EUR240+VAT/year farm cash management subscription that ingests data from online banking and dairy co-op systems. IFAC also publishes annual research franchises including the Irish Farm Report (since 2019), the Food & Agribusiness Report, and the inaugural Family Business Report 2026, and operates a regulated financial planning arm through ifac Investment Services Limited (Central Bank of Ireland registration 285245).

IFAC generates revenue primarily through fee-based professional services delivered via direct advisory relationships, supplemented by recurring digital subscriptions and regulated financial planning commissions. The firm is pursuing an acquisition-led growth strategy, completing five disclosed acquisitions between 2023 and 2026 (Friel Stafford, MCC Accountants, Coughlan Carroll & Co., Con Dolan Accountants, Peter Moore & Company, and Michael G Murphy Accountants), and in June 2026 became a founding member of the Pinion Global Network, an international alliance of agriculture-focused advisory firms spanning Ireland, the United States, South Africa, and Australia.

Name

IFAC Ireland

Legal name

Irish Farm Accounts Co-operative Society Limited

Website

https://ifac.ie

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

251–500 employees

Short description

IFAC Ireland is a 50-year-old co-operative professional services firm headquartered in Kilkenny providing specialised accounting, tax, advisory, and financial planning services to farming families, food and agribusiness SMEs, and family businesses across Ireland through 30+ offices and 500+ advisors.

Ownership category

akta.pro rank

Product category

Agricultural Professional Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Portfolio Management and Investment Advice (523940)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

akta.pro secondary industries

Whole-Farm Business Management & Budgeting Advisory (AFACAJAA), Succession, Governance & Ownership Transition Advisory (AFACAJAO), Supply Chain, Marketing & Contracting Advisory (Grain/Livestock Marketing) (AFACAJAH)

Keywords

• Agricultural accounting services
• Farm business advisory
• Tax planning advisory
• Audit assurance services
• Succession planning advisory

Headquarters

HQ city

Kilkenny

HQ country

Ireland

HQ region

Europe

Offices29 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services: IFAC generates revenue through providing comprehensive professional services including accounting and bookkeeping, tax planning and advisory, audit and assurance, lending support, HR and payroll services, company secretarial, sustainability and ESG advisory, financial planning, and succession planning. Services are delivered through a nationwide network of offices with experienced advisors.
2. FarmPro Subscription: Digital farm financial management tool with subscription-based access, providing real-time financial performance insights, cash flow reports, profit monitoring, and production cost analysis.
3. Cashminder Subscription: Annual subscription service for farm cash management, priced at €240 plus VAT per year, providing electronic data entry from banking and co-op systems.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

IFAC Ireland is Ireland's only specialist professional services firm dedicated to the farming, food and agribusiness sector. It delivers accounting, bookkeeping, tax strategy, audit and assurance, succession and exit planning, lending and banking support, HR and payroll, sustainability/ESG advisory, and company secretarial services to farmers, food producers and rural SMEs across Ireland. Its portfolio also includes proprietary digital tools (FarmPro and Cashminder) and a Mobile Bookkeeping Network supporting day-to-day farm financial management.

Product overview

IFAC Ireland is a professional services firm offering a comprehensive portfolio of accounting, advisory, and financial services through a platform-plus-modules architecture. The core offering includes two main service tracks: For Farming (accounting & bookkeeping, succession planning, farm structures, grants & schemes advisory, lending support, HR & payroll, sustainability, and renewables) and For Business (accounting & management accounting, tax strategy & structuring, succession & exit planning, advisory services, audit & assurance, company secretarial, sustainability & ESG, and financial planning). Two proprietary digital products extend the core offering: FarmPro (farm financial management platform with performance analysis, cash flow tracking, and production reports) and Cashminder (cash management solution with online banking and dairy co-op data integration). The firm also publishes annual research reports (Irish Farm Report since 2019, Food & Agribusiness Report, and Family Business Report) and operates acquired brands including Friel Stafford (corporate recovery & insolvency). Financial planning services are delivered through the regulated subsidiary Ifac Investment Services Ltd.

Differentiator

Problem solved

Functional benefit

Brands

• FarmPro: Farm financial management tool that connects with ifac bookkeeping records to provide real-time financial performance tracking, cashflow monitoring, and profit monitoring reports for farmers.
• Cashminder

Products and services

• Accounting & Bookkeeping Annual accounts preparation, management accounts, VAT returns and ongoing bookkeeping for farmers, food producers and agribusinesses. Includes the IFAC Mobile Bookkeeping Network that provides on-farm bookkeeping visits.
• Tax Strategy & Structuring Specialist Irish tax planning including income tax, corporation tax, capital gains tax and farm/family tax structuring, supported by IFAC's in-house Head of Tax.
• Audit & Assurance Statutory audit, assurance and account filing services for agribusiness, food and corporate clients.
• Succession & Exit Planning Multi-disciplinary succession planning covering legal, tax, financial and mediation aspects to transfer family farms, food businesses and agribusinesses to the next generation or third parties.
• Farm Structures Advisory Advice on farm partnership, company and limited structure formation and restructuring for farming and agribusiness operations.
• Grants & Schemes Advisory Support in identifying and applying for relevant agricultural grants and government schemes, including TAMS and CAP schemes.
• Lending & Banking Support Banking and lending advisory and negotiation support for farm, food and agribusiness finance applications and renewals.
• HR & Payroll Services Outsourced HR, employment law, payroll processing and workplace-relations support for farm and agribusiness employers.
• Sustainability & ESG Advisory Advisory on sustainability, climate action and ESG reporting and planning for farms, food and agribusiness operations.
• Renewables Advisory Advisory for solar, wind and renewable energy projects on farms, including grant support, planning, and financial modelling.
• Company Secretarial Services Statutory company secretarial compliance and filings for incorporated agribusiness and family business clients.
• Financial Planning Personal and family financial planning, pensions, investments, protection and life-stage planning for farm families and business owners.
• Fractional CFO Service Part-time outsourced CFO expertise for SMEs in food, agribusiness and rural enterprise who need senior financial leadership without a full-time hire.
• Corporate Recovery & Insolvency (Friel Stafford) Corporate recovery, insolvency, restructuring and personal insolvency practitioner services, with a dedicated pharmacy and SME retail specialism.
• FarmPro IFAC's proprietary online bookkeeping and farm-finance management platform, designed for farmers to record transactions, manage accounts and share data with their IFAC accountant.
• Cashminder Cash flow budgeting and forecasting app built for farmers and small agribusinesses to plan and monitor cash position.
• IFAC Learning Online learning, webinars and educational resources on tax, succession, farming compliance and business management for clients and the wider agribusiness community.

Quantifiable outcome

• 61% of farmers feeling positive about the future according to Irish Farm Report 2026 survey of 1,000+ farmers
• +2 more outcomes

Named customers20 records

Segments4 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature3 records

Partnerships

One partnership is on record.

• Pinion Global Network (PGN)flagshipStrategic or Co-development Partner · 4 June 2026IFAC became a founding member of Pinion Global Network (PGN), a new international alliance of agriculture-focused advisory firms spanning Ireland, the United States, South Africa and Australia. This strategic alliance positions IFAC as part of a global network of agricultural advisory expertise, enabling cross-border knowledge sharing and expanded service capabilities for clients with international operations or interests.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Mazars Ireland: Top-ten Irish accounting and advisory firm with growing SME practice. Comparable broad incumbent with audit, tax, and advisory capabilities overlapping IFAC's business segment.
• RSM Ireland: Top-ten Irish accountancy firm focused on mid-market and owner-managed businesses. Comparable peer in audit, tax, and corporate finance for Irish SMEs including food and agribusiness.
• BDO Ireland: One of Ireland's top-ten accountancy firms offering audit, tax, and advisory to Irish SMEs and corporates. Comparable broad incumbent competing for the same Irish SME and agribusiness advisory work, though without IFAC's farming specialism.
• Grant Thornton Ireland: Top-ten Irish accountancy firm with significant mid-market and SME practice. Direct overlap with IFAC in audit, tax, and advisory services for Irish owner-managed and family businesses.
• Crowe Ireland: Mid-tier Irish accountancy firm serving SMEs and owner-managed businesses, including food and agribusiness. Comparable incumbent competing for similar advisory engagements across Ireland.
• Azets Ireland: PE-backed (Hg Capital) European accountancy consolidator with Irish presence. Comparable peer pursuing a similar rollup strategy in the Irish accountancy market and competing for SME and owner-managed advisory work.

Direct peers

• Pinion Advisory: US-based agriculture-focused advisory and accounting firm and fellow founding member of the Pinion Global Network alongside IFAC. Direct peer in ag-specialist professional services with comparable food and farm client base.
• K·Coe Isom: US ag-focused accounting and advisory firm (part of the Pinion Global Network). Direct peer offering farm accounting, succession planning, and food/agribusiness advisory comparable to IFAC's core services.
• Brown & Co: UK-based farm-focused property, business, and energy advisory firm serving agricultural clients. Comparable ag-specialist advisory peer offering similar rural and farming-focused services to a UK client base.

Emerging players

• Figured: Cloud-based farm financial management software built for accountants and farmers. Adjacent emerging player whose offering competes conceptually with IFAC's FarmPro and could partner or compete with IFAC's digital tools.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ifac-ireland
• Xx.com/ifac_ireland
• Facebookfacebook.com/ifacireland

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IFAC Ireland