OUR SERVICES

Credit Union Advisory Services

Credit Union's in Ireland are today facing challenges from the change in the economic climate in the country. Increased bad debt provisioning, loan stress testing, reduced returns on investments, property valuations are all effecting members continued demand for a return on their shares. The changes in the level of regulatory oversight has meant increased reporting on a more frequent basis.

Here at FMB we have been assisting a substantial number of credit unions through these challenging times. We undertake the following credit union specific work:

Credit Union Advisory Services FMB Chartered Accountants

Independent Annual Audit
Loan Book Review
Investment Review
Fixed Asset Review
Governance and Internal Policies Review
Mergers/Transfer of Engagement
Financial Projections and Strategic Review
Internal Audit
Risk Register
Compliance Review
Members Circularisations
Outsourced payroll function
Management accounting services
FRS102 implementation

We are a leading expert in the credit union field and have been operating with credit unions for over 26 years. We act in a statutory capacity for in excess of 20 credit unions, both industrial and parish based. We also act for in excess of 15 credit unions in a non-statutory and advisory capacity including internal audit.

Please see our latest Credit Union Seminar