Credit Union Advisory

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:

• 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

We are a leading expert in the credit union field and have been operating with credit unions for over 30 years. We act in a statutory capacity for a significant number of credit unions, both industrial and community based. We also act for a substantial number of credit unions in a non-statutory and advisory capacity including internal audit.

Contact us for a no obligation/no cost meeting where we can discuss further how we can assist you.

Please see our latest Credit Union Seminar