If your company does not require an audit you will still need to prepare audit exempt financial statements which will be used to prepare abridged financial statements for filing with the Companies Registration Office “CRO” and the Revenue Commissioners. Irish and UK accounting standards have undergone a substantial change with the introduction of FRS 102, the new Irish and UK GAAP (Generally Accepted Accounting Principles), which is applicable for financial statements prepared from 1 January 2015 and include comparatives for 2014. Our principal has a Certificate from CPA Ireland in FRS 102 and can assist you with the transition.
Pre Audit Services
At Kiely & Co we can assist you with preparation for your annual statutory audit. Our pre audit preparation service can provide many benefits to a business or organisation, particularly for financial controllers, chief financial officers and others who may be involved in preparing for audit.
If your company requires an audit we can assist you. Our audit approach is designed not alone to comply with International Standards on Auditing “ISA’s” but also to add value to the company. We are committed to providing a very high quality audit service and to do this we have to understand your business, communicate effectively with your staff and adopt rigorous internal quality assurance procedures.
Internal audit, assurance and corporate governance
If your business or organisation does not require an audit you might want to consider having an internal audit or assurance review undertaken on certain aspects of the business. As internal auditors we help organisations to succeed by offering a combination of assurance and consulting services.