Accounting & Audit
The primary purpose of the statutory audit is to provide an independent opinion on your annual financial statements. It is viewed as an unnecessary burden – but undertaking an audit can often lead to significant benefits for a business if approached in the right way
We provide expert taxation advice to our clients. Our primary aim is to ensure that clients are tax compliant while exploring opportunities to minimise their tax liabilities:
Statutory accounts production is the cornerstone of compliance services at B.J Dennehy. We pride themselves on our strong understanding of the fundamentals of accountancy and our ability to convert this understanding into the efficient delivery of high quality accounts.
Increased audit exemption thresholds mean that an increased number of Irish companies are in a position to file statutory accounts instead of audited accounts with the Companies Registration Office. The generation of statutory accounts is a core element of our service offering to our corporate clients.
Here are just a few ways we can add value through the statutory accounts process:
We assist and advise companies in keeping books and records and consequently we can extract the correct information quickly from our clients with minimal interference to their business operations.
The preparation of statutory accounts enables us to generate key performance indicators. This enables us to see beyond the figures and comment on key areas such as turnover, profit margin trends, cost control and cashflow management. Business owners gain better understanding and insights of their business, and consequently, better manage their business.
The business environment and transactions have become increasingly complex and diverse. We have a depth of expertise that crosses many different business sectors, and this provides us with the technical expertise to apply Generally Accepted Accounting Principles to your transactions, no matter how complex.
Running your business today is challenging. There are often competing demands for your time and energy, more time needed to ensure compliance with regulations means less time to devote to key actions. Outsourcing your non-core financial and payroll functions will allow you and your staff to concentrate on what is important to the business rather than compliance and administrative functions.
We provide a range of services, whether you need to establish a new company, manage your bookkeeping, design and implement new financial processes or comply with complex and ever changing tax legislation – we will structure a solution to fulfil your requirements. We offer a high quality service, irrespective of your location. We favour outsourcing solutions which allow the option to upscale as you grow the business.
Company law has placed increased responsibilities on company directors. We guide many clients in this area. Companies Registration Office returns must be filed annually. Failure to do so can result in penalties and/or prosecution for directors. We provide registered offices and a company secretary should clients require this.
BJ Dennehy & Company provides a comprehensive and efficient audit service to businesses. Auditing is multi-disciplined and can have a wide range of functions. Our audit services include the following:
Financial Due Diligence
Any organisation considering a deal needs to check all the assumptions it is making about that deal. Our financial due diligence provides peace of mind to both corporate and financial buyers, by analysing and validating all the financial, commercial, operational and strategic assumptions being made.
How we can support you:
Systems & Control Review
We regularly provide Systems & Controls review services to our clients.
How we can support you:
Property Management Companies
We have extensive experience in the provision of property management audit services to commercial, industrial and residential property management companies.
Our unique approach consists of the following:
- Our property management audit is tailored for each client based on our understanding of the services provider’s requirements and the key risk attributable to the property management company.
- During each assignment we liaise with all relevant parties to ensure an independent efficient and cost effective service.
- An expenditure certificate, year-end audit, corporation tax submission and secretarial returns are produced for an all-inclusive pre-quoted cost.
We have vast experience in the provision of high quality auditing and accounting services in relation to expenditure certificates and year end accounts. B.J. Dennehy & Company deal with most of the main property management service providers in Ireland and provide audit, non-audit and taxation services to suit each company’s needs.