We have provided Audit & Assurance services to clients operating in a wide variety of industries for over thirty years. Our assurance services focus on your business, consider the risks associated with it and review the underlying processes and controls that drive your financial reporting.
Our audit staff work in teams directed by the engagement partner. Each audit is tailored to the client, thus ensuring an effective and efficient execution of the service. A thorough understanding of the clients operations, organisation and industry sector, forms the foundation of the audit. Our audit teams report directly to the engagement partner ensuring maximum knowledge transfer throughout the assignment. Most of our clients are owner-managed businesses and we ensure that the owners have direct access to the Audit partner. This close understanding of clients business affords us a unique opportunity for clients to identity opportunities for improvements to reporting and financial control systems and to identify factors that will enhance business performance and those which currently inhibit that performance.
Our business assurance services have proved invaluable for:
- Litigation support
- Forensic audit
- Corporate recovery
- Management buy outs
- Merger and acquisitions
Increasingly organisations are supplementing the effectiveness of their own internal control systems by employing us to review the operations of controls. We examine business processes, identify risks and weaknesses and formulate a report to management. Management then responds to our report detailing their actions and improvements. In the era of Corporate Governance we feel this is a value added service for our clients.
Info Sheet Available
For more information see our Info Sheet on : Why choose an Audit?
We examine IT controls for Audit purposes. We have extensive experience gained from being engaged to assess IT controls in an organisation. Our knowledge of the Data Protection Act has enlightened our clients of critical issues. Computer security auditing addresses the areas of:
- backup facilities for data
- access controls over programs and data files
- physical controls over access to equipment
- contingency plans in the event of data loss
- e-mail/internet use policy
It is our experience that many clients are surprised at the lack of security in their organisations in this domain. Here our IT department and audit department work in tandem to identify risk and provide recommendations. This results in added protection for the business, employer and employees.
“If banks can let the customer see their transactions online, why can’t we?”
Answer: MGM E-CCOUNTING
Clients records are maintained on our IT platform. Typically, our bookkeeping department would maintain the books and records.
Clients can access their records over the web at any stage. This allows for clients to see their results in the timeliest manner.
It also allows for clients to raise queries as they arise and these can be sorted prior to audit stage.
This allows us to provide services to new markets.
We believe that we are the only firm in Ireland offering this service. This underlines our commitment to facilitating our clients by investing in IT. Maximum security is provided by SSL technology. This exciting innovative service is born from exploiting our core competence of accountancy and IT expertise.