"provided exceptional tax advice"

"professional, knowledgeable, experienced"

"always go the extra mile"

"years of co-operation, integrity & success"

"an invaluable partner for our business"

"huge support & genuine concern for us"

"gave me peace of mind"

What We Do

Business Support

Business Support

Buckley Kiely & Co. has established a reputation for delivering high-quality, cost-effective business solutions and specialist services for companies at all stages of the business life cycle.

Our real passion is in using our financial management expertise to help companies, at all stages of the business lifecycle, to achieve their maximum potential.  Collaborating with companies to help them identify and focus on their key strengths and maximise opportunities.

As in life, all companies experience struggles along the road to success – its their ability to respond to adversity in a timely manner and take necessary actions to implement required change that really enables them to survive the tough times and get back to profitability and growth.

At what stage of the business lifecycle is your business?

Click the diagram to see what services we offer at the different stages:

At what stage of the business lifecycle is your business?

Click the diagram to see what services we offer at the different stages:

Startup

Growth

Consolidation

Decline

Rebirth

Cessation

1.Startup

  • New Business Start Up

    • Financial, tax and accounting considerations of starting a new business
    • Advice before starting up
    • Selecting a Legal Entity for your business
      – Sole Proprietorship
      – Partnership
      – Limited Company
    • The pros and cons of Company v Sole Trader/Partnership
    • Revenue and Companies Registration
    • Accounting and bookkeeping advice and support
    • Accounting records and record-keeping
    • Computerised accounting systems
    • Preparation of returns
    • Business mentoring
    • Free company formations

  • Company Formations

    Offer applies to new company formations only [excludes any additional work including tax registration].
    Offer includes New Company Pack comprising:

    • 3 bound and 1 unbound Memo and Articles of Association.
    • 1 Company Register
    • Minutes of first meeting
    • Certificate of Incorporation
    • Share Certificates
    • Information Leaflets
    • Company Seal

    Should you wish to proceed, please Contact us to make an appointment.

  • Business Plan & Financial Forecasts

    The harsh reality is that 50% of new businesses fail within the first five years. Why? Because of the lack of planning.They do not plan to fail, but they certainly fail to plan. We can assist you in the preparation of a comprehensive business plan.

  • Cashflow & Projections

    “Cash is king” – at all stages of the business lifecycle, it is critical that a company is able to plan its cashflows and profits. With our help clients are guided through this process to enable production of reports most applicable to their business.

  • Advice on Grants & Incentives

    Advice on eligibility to grant aid from EU, Government or Local Development Agencies, Enterprise Ireland and IDA.
    Preparation of Feasibility Studies, Business Plans and Projections to support applications for grant assistance.

  • Funding Applications & Solutions

    Our aim is to help our clients get the best method of funding for their individual circumstances. We will take you through the whole process in a straightforward manner. We will liaise with various financial institutions and government agencies on your behalf including: –

    • Enterprise Boards
    • Enterprise Europe Network
    • Udaras na Gaeltachta
    • Shannon Development
    • Chambers of Commerce

  • Systems & Controls Consultancy

  • Bookkeeping

    We will assist you in creating a reporting system that best suits your specific requirements which could include us taking responsibility for maintaining your bookkeeping systems and/or we can advise you on what accounting software package would best suit your requirements. We can source and install the chosen software and train your personnel in its use.

  • Payroll

    With the right payroll package it is easy to make the administration of payroll management
    simpler, less time-consuming and more accurate. We can advise you on what payroll software package would best suit your requirements. We can source and install the chosen software and train your personnel in its use. Our exact service depends on your individual needs and budget, whether you are a company with 2 employees or 200 employees, we can help you with resolving your payroll needs from basic outsource payroll service to start-up service or managed service.

    • Calculation of PAYE and PRSI liability
    • Net pay figures on a weekly, fortnightly, monthly or adhoc basis
    • Payslips
    • Payroll summaries
    • Completion of statutory forms, including P30/P35/P45/P60
    • Advice on treatment of Benefits in Kind
    • Access to specialist advice on tax and accountancy issues

2.Growth

  • Business Plan & Financial Forecasts

    The harsh reality is that 50% of new businesses fail within the first five years. Why? Because of the lack of planning.They do not plan to fail, but they certainly fail to plan. We can assist you in the preparation of a comprehensive business plan.

  • Cashflow & Projections

    “Cash is king” – at all stages of the business lifecycle, it is critical that a company is able to plan its cashflows and profits. With our help clients are guided through this process to enable production of reports most applicable to their business.

  • Financial Planning & Business Strategy

    In conjunction with the projections and cashflow we provide more strategic planning on a longer term basis. Establishing goals and creating the systems required to reach those targets.

  • Funding Applications & Solutions

    Our aim is to help our clients get the best method of funding for their individual circumstances. We will take you through the whole process in a straightforward manner. We will liaise with various financial institutions and government agencies on your behalf including: –

    • Enterprise Boards
    • Enterprise Europe Network
    • Udaras na Gaeltachta
    • Shannon Development
    • Chambers of Commerce

  • Computer Consultancy & Training

  • Bookkeeping

    We will assist you in creating a reporting system that best suits your specific requirements which could include us taking responsibility for maintaining your bookkeeping systems and/or we can advise you on what accounting software package would best suit your requirements. We can source and install the chosen software and train your personnel in its use.

  • Payroll

    With the right payroll package it is easy to make the administration of payroll management
    simpler, less time-consuming and more accurate. We can advise you on what payroll software package would best suit your requirements. We can source and install the chosen software and train your personnel in its use. Our exact service depends on your individual needs and budget, whether you are a company with 2 employees or 200 employees, we can help you with resolving your payroll needs from basic outsource payroll service to start-up service or managed service.

     

    • Calculation of PAYE and PRSI liability
    • Net pay figures on a weekly, fortnightly, monthly or adhoc basis
    • Payslips
    • Payroll summaries
    • Completion of statutory forms, including P30/P35/P45/P60
    • Advice on treatment of Benefits in Kind
    • Access to specialist advice on tax and accountancy issues

  • Management Accounts

    Management accounting is the monitoring & measurement of recent activities and results within organisations and the presentation of relevant data required by management to enable them to make informed business decisions as part of their Performance Management, Planning and Control functions.

    In contrast to financial accounting information, management accounting provides primarily forward-looking data, as opposed to historical. It is designed and intended for use by managers in day to day decisions, as opposed to shareholders, creditors and Revenue.  It is generated with reference to the confidential specific needs of internal management and is rarely reported publicly.

    Management accounting information is also playing more of a key role in strategic decisions and contributes to the identification, measurement, and reporting of risks to achieving organisational goals and objectives.

    The Buckley Kiely business support team provides an outsourced management accounting function, that is tailored to the specific needs of the client, on a monthly/quarterly basis.

    Helping companies produce regular, timely, meaningful financial statements providing substantive and accurate information critical to the decision-making process for the business.

    • Monthly/Quarterly P&L and Balance Sheet
    • Regular Stock Review & Evaluation
    • Identification of Profit Centres & Loss Makers
    • Identification of Budget/Actual/Variances – their cause and effect
    • Evaluation of internal processes and practices
    • Technology implementation – set up, upgrade or conversion
    • Training – Accounts/Bookkeeping

    The benefits of timely management accounts include: –

    • Provides a snapshot of your business performance at particular intervals during the financial year
    • Allows you to compare performance against pre-set targets/budgets
    • Provides information required to make key management and strategic decisions
    • Provides information useful for planning and control of the business
    • Identify areas of high profitability
    • Highlight and review non performance areas

    Contact us today if you would like to receive a free initial consultation and quotation for providing outsourced management accounts for your business and be amazed at the difference it can make to how you operate!

  • Technical Consulting

    Directors’ and Senior Management coaching

  • In-House Coaching

    Coaching and implementation of computerised and manual bookkeeping

  • Profit Optimisation, by Product/Department

    Many business owners do not have the time to analyse their finances to determine where improvements can be made. Because we already have an intimate knowledge of our clients’ businesses, we are in an ideal position to spot opportunities for improvement

  • Advice on grants & Incentives

    Advice on eligibility to grant aid from EU, Government or Local Development Agencies, Enterprise Ireland and IDA.
    Preparation of Feasibility Studies, Business Plans and Projections to support applications for grant assistance.

  • Tax Advice & Consultancy

3.Consolidation

  • Cashflow & Projections

    “Cash is king” – at all stages of the business lifecycle, it is critical that a company is able to plan its cashflows and profits. With our help clients are guided through this process to enable production of reports most applicable to their business.

  • Management Accounts

    Management accounting is the monitoring & measurement of recent activities and results within organisations and the presentation of relevant data required by management to enable them to make informed business decisions as part of their Performance Management, Planning and Control functions.

    In contrast to financial accounting information, management accounting provides primarily forward-looking data, as opposed to historical. It is designed and intended for use by managers in day to day decisions, as opposed to shareholders, creditors and Revenue.  It is generated with reference to the confidential specific needs of internal management and is rarely reported publicly.

    Management accounting information is also playing more of a key role in strategic decisions and contributes to the identification, measurement, and reporting of risks to achieving organisational goals and objectives.

    The Buckley Kiely business support team provides an outsourced management accounting function, that is tailored to the specific needs of the client, on a monthly/quarterly basis.

    Helping companies produce regular, timely, meaningful financial statements providing substantive and accurate information critical to the decision-making process for the business.

    • Monthly/Quarterly P&L and Balance Sheet
    • Regular Stock Review & Evaluation
    • Identification of Profit Centres & Loss Makers
    • Identification of Budget/Actual/Variances – their cause and effect
    • Evaluation of internal processes and practices
    • Technology implementation – set up, upgrade or conversion
    • Training – Accounts/Bookkeeping

    The benefits of timely management accounts include: –

    • Provides a snapshot of your business performance at particular intervals during the financial year
    • Allows you to compare performance against pre-set targets/budgets
    • Provides information required to make key management and strategic decisions
    • Provides information useful for planning and control of the business
    • Identify areas of high profitability
    • Highlight and review non performance areas

    Contact us today if you would like to receive a free initial consultation and quotation for providing outsourced management accounts for your business and be amazed at the difference it can make to how you operate!

  • Profit Optimisation, by Product/Department

    Many business owners do not have the time to analyse their finances to determine where improvements can be made. Because we already have an intimate knowledge of our clients’ businesses, we are in an ideal position to spot opportunities for improvement

  • Project Consulting

    Strategic leadership and compliance advice, offering an understanding of the complexities of finance, a capacity to oversee change, the management and control of risk

  • Personal Financial Planning

    Managing your personal finances made simple. Our wealth management division can advise you on decisions relating to:

    • Investments
    • Savings
    • Retirement Planning
    • Succession Planning
    • Family Protection
    • Business Protection
    • Inheritance Tax

  • Corporate Finance

    We work interactively with clients to provide creative ideas and solutions that increase value to our clients when they address financial transactions, disputes and business problems or are making important financial decisions that define their future.

  • Independent Business Review

  • Debt Resolutions

  • Business Risk Services

    We advise our clients to give their business the stability they need to manage effectively and achieve their goals. We provide clients with an objective, comprehensive and independent view on a wide variety of assignments.

  • Cost Restructuring Plan

4.Decline

  • Independent Business Review

  • Debt Resolutions

  • Business Risk Services

    We advise our clients to give their business the stability they need to manage effectively and achieve their goals. We provide clients with an objective, comprehensive and independent view on a wide variety of assignments.

  • Feasbility & Business Planning

    Researching an idea before starting a business may not cost much in cash terms but during this period, that time may be spent investigating the feasibility of what is planned for your business.
    Applicants may be eligible for a feasibility study grant from their local Enterprise Board, which may cover up to 60% of the agreed cost of the research stage up to a maximum of €7,500 in the Boarder-Midlands-West region or 50% up to a max of €5,100 in the South & East region. The actual amount is dependent on the needs shown in the Business Plan or application.

  • Cost Restructuring Plan

5.Rebirth

  • Recovery & Reorganisation

    We provide assistance by restructuring businesses or assisting you in an orderly wind down of activities.

  • Cashflow & Projections

    “Cash is king” – at all stages of the business lifecycle, it is critical that a company is able to plan its cashflows and profits. With our help clients are guided through this process to enable production of reports most applicable to their business.

  • Mangement Accounts

    Management accounting is the monitoring & measurement of recent activities and results within organisations and the presentation of relevant data required by management to enable them to make informed business decisions as part of their Performance Management, Planning and Control functions.

    In contrast to financial accounting information, management accounting provides primarily forward-looking data, as opposed to historical. It is designed and intended for use by managers in day to day decisions, as opposed to shareholders, creditors and Revenue.  It is generated with reference to the confidential specific needs of internal management and is rarely reported publicly.

    Management accounting information is also playing more of a key role in strategic decisions and contributes to the identification, measurement, and reporting of risks to achieving organisational goals and objectives.

    The Buckley Kiely business support team provides an outsourced management accounting function, that is tailored to the specific needs of the client, on a monthly/quarterly basis.

    Helping companies produce regular, timely, meaningful financial statements providing substantive and accurate information critical to the decision-making process for the business.

    • Monthly/Quarterly P&L and Balance Sheet
    • Regular Stock Review & Evaluation
    • Identification of Profit Centres & Loss Makers
    • Identification of Budget/Actual/Variances – their cause and effect
    • Evaluation of internal processes and practices
    • Technology implementation – set up, upgrade or conversion
    • Training – Accounts/Bookkeeping

    The benefits of timely management accounts include: –

    • Provides a snapshot of your business performance at particular intervals during the financial year
    • Allows you to compare performance against pre-set targets/budgets
    • Provides information required to make key management and strategic decisions
    • Provides information useful for planning and control of the business
    • Identify areas of high profitability
    • Highlight and review non performance areas

    Contact us today if you would like to receive a free initial consultation and quotation for providing outsourced management accounts for your business and be amazed at the difference it can make to how you operate!

  • In-House Coaching

    Coaching and implementation of computerised and manual bookkeeping

  • Funding Applications & Solutions

    Our aim is to help our clients get the best method of funding for their individual circumstances. We will take you through the whole process in a straightforward manner. We will liaise with various financial institutions and government agencies on your behalf including: –

    • Enterprise Boards
    • Enterprise Europe Network
    • Udaras na Gaeltachta
    • Shannon Development
    • Chambers of Commerce

  • Advice on grants & Incentives

    Advice on eligibility to grant aid from EU, Government or Local Development Agencies, Enterprise Ireland and IDA.
    Preparation of Feasibility Studies, Business Plans and Projections to support applications for grant assistance.

  • Tax Advice & Consultancy

  • MBO

6.Cessation

  • Retirement Planning & Advice

  • Succession Planning

  • Tax Advice & Consultancy

  • Liquidations

    Liquidation refers to the process by which a company (or part of a company) is brought to an end, and the assets and property of the company redistributed. Liquidation can also be referred to as winding-up or dissolution.
    The three main liquidation options are: –

    • Creditors Voluntary Liquidation
    • Court Liquidation
    • Members Voluntary Liquidation

    Creditors Voluntary Liquidation
    Creditors Voluntary Liquidations (CVL) are initiated by the directors where a company is insolvent. The liquidators appointment is confirmed at a subsequent meeting of the creditors. The creditors have the power to appoint an alternative liquidator if a majority in value supports such an action.
    Court Liquidation
    A Court Liquidation is commenced by order of the court on foot of a petition. The petitioner in a compulsory liquidation is most commonly the company or a creditor who will petition on the ground that a company is unable to pay its debts.

    Members Voluntary Liquidation
    A Members Voluntary Liquidation (MVL) is the procedure used to wind down solvent companies. Under this type of liquidation, all creditors are paid in full, and the surplus is returned to the owners/shareholders. MVLs are also known as solvent liquidations.
    A Members Voluntary Liquidation is a popular way of extracting accumulated funds and distributing them to shareholders so that they only pay Capital Gains Tax as opposed to higher rates of PAYE / PRSI on an income type distribution. In certain circumstances, the shareholders may be able to avail of Retirement Relief, and not pay any Capital Gains Tax.
    Should I appoint a liquidator?
    You should appoint a liquidator if your company is insolvent! There are two definitions of insolvency. One is where the company is unable to pay its debts as they fall due and the second is where the liabilities of the company exceed the company’s assets. If a company is insolvent and the directors cannot find a way to return the company to a solvent position then the directors need to seriously consider appointing a liquidator.
    We accept appointments as court or official liquidator.
    We have extensive experience of liquidating all types of companies and carry out liquidations throughout Ireland.

  • Redundancy Services

Check Out

What Clients Say

View All Testimonials

In the early years Buckley Kiely fulfilled the role of managing the setup and administration of the company, enabling me to focus on business development and the relationship grew on a needs basis from there. Although PCH is now a multi-national organisation we continue to maintain close involvement with Buckley Kiely and use their extensive experience and expertise. Their advice is invaluable as it is based on years of co-operation, integrity and success.

Liam Casey // CEO, PCH International

Cypress Semiconductor is headquartered in San Jose, California, the company has 7,100 employees worldwide serving more than 30,000 customers. Cypress delivers high-performance, high-quality solutions at the heart of today’s most advanced embedded systems, from automotive, industrial and networking platforms to highly interactive consumer and mobile devices. The Irish subsidiary of Cypress operates as a research and development centre, developing new Intellectual Property for several different product families in the Cypress Programmable Systems Division.

Sean Foley // Design Centre Manager, Cypress Semiconductor Ireland

From our initial contact we have built up a really good working relationship with various members of the team.  They have provided us with exceptional tax advice, at pivotal times in the development of the company and we have also benefited greatly from their expertise in areas of accounting, bookkeeping & payroll.  They are proactive in putting forward constructive suggestions and the impression is that they are genuinely looking out for our best interests.  I’m very happy to give them my recommendation – companies considering locating to Ireland couldn’t ask for a better partner!

Prashant Keshri // Sr. Director Finance, Entercoms

Through boom and bust, BK has continued to help keep us profitable and they are a great source of positive encouragement. Nothing is too much trouble. I would recommend BK without hesitation to anyone in business or thinking of starting a business – BK is a firm of accountants who are professional, knowledgeable, experienced and who will go the extra mile.

Tom Bryan // Owner & Managing Director, Toss Bryan

In particular, I have been impressed by the recent handling of our tax return, the various options presented and the clarification provided in meetings to the financial management team, both in Cork and in the US.  Better yet, Buckley Kiely has provided us with a clear understanding of tax implications/laws in Ireland, which will be of significant benefit to us when making decisions in the future.  Based on our experience, I am delighted to recommend Buckley Kiely & Co.

Jorge L. Rodriguez // President & CEO, Paciv Europe Limited

They have always been diligent, understanding and compassionate, irrespective of where in the world I’ve been, providing me with peace of mind, allowing me to seize opportunities without hesitation and do what I do best. Whether it has been non-profit, for-profit or personal, I am thankful to say I am a client.

[Cork native James Whelton co-founded the globe-spanning CoderDojo movement when he was just a teen. Now in his early 20’s, he is a world renowned tech entrepreneur focused on the emerging tech scene in the Middle East.]

James Whelton // CoderDojo

Buckley Kiely has been an invaluable partner to us at every stage of the development of our business; providing us with serviced offices (in the early days), outsourced bookkeeping and payroll, accounts compliancy, taxation and investor advice second to none. The team is made up of real experts in their fields, which has given us great confidence and comfort that our affairs are well looked after, and has freed us up to focus on developing our technology and promoting the Trustev brand and business.  I recommend Buckley Kiely to every IT start-up I know!

Pat Phelan // Formerly CEO, Trustev (since purchased by TransUnion)

They take care of all aspects of my business and  personal affairs ranging from; Accountancy, Tax, Pension Management through to Specialist Corporate advice. A true ”One Stop Shop” provided by a  Very Professional, Honest & Dedicated team. I would not hesitate to recommend them to prospective clients.

Tom Ruddy // Thomar Consulting Limited

A vital resource that has enabled our company not just in terms of compliancy, but has also ensured we are well positioned to make better decisions.

Marion O’Donovan // Strategic Director, O’Donovan Engineering Co. Ltd.

They have provided us with a range of services including Loan Book Reviews, Management Accounts, Infrastructure Review, Implementation of Computerised Accounts and Report Design, none of which could have been achieved without their knowledge and dedication.  They are always available at the end of the phone and we have built up a very good working relationship with their staff.

Newmarket Credit Union //

During this time they have carried out many varied financial services for us not least of which are the preparation of our annual audited accounts and taxation matters. Seamus and his team are always available for fast and immediate advice whenever it is needed and have been an invaluable resource for us in the day to day running of our company. No query is ever too big or too small for them and we would have no hesitation in recommending them to any potential clients.

Tim Brosnan // Managing Director, Liscarroll Engineering Ltd

The level of preparation and attention to detail on this assignment was exemplary. The professional and efficient service supported a successful conclusion to the project. The assistance of Buckley Kiely meant that the project was brought in within budget and this service was much appreciated in the current climate.

Brian O’Dwyer // Financial Director, RTE Cork

After about 8 months of meeting Fearghal [Collins, Partner at Buckley Kiely] for coffee to bend his ear with my ideas and having received tremendous support and advice from the team at BK, we were finally ready to go – along with business partner Dave Ronayne, chief executive of Irish Mainport Holdings and IBEC’s regional president for Cork, we launched Republic of Work in 2016. Buckley Kiely has been of tremendous support to us during our first year of business – I couldn’t imagine doing it without them.

DC Cahalane // Founder & CEO

From a one-man-band to a fully-fletched orchestra – for almost 40 years, we have engaged Buckley Kiely & Co. as our accountant and business advisor. During that time, they have grown from strength to strength and have never backed away from any task given to them. They have always implemented the latest technology and employed top class human resources. In so doing, today they can deliver a full package of services required by any company and their employees.

 

Tomas Lagerqvist // CEO

I met Richard Fowler of Buckley Kiely Wealth Management who gave me great advice on the best options. This was invaluable to me as it gave me peace of mind, in particular, given the uncertainties with the Euro and the banks. Many advisers out there are not independent, whereas Richard provided independent fee- based advice on what was in my mother’s best interests. The service provided by Richard and his staff is excellent, very efficient and professional.  I have no hesitation in recommending this service to anyone looking for professional, independent advice.

Nicholas O’Callaghan //

Their work was carried out in a very professional  and time efficient manner while at all times remaining sensitive to the potential concerns that such a review will raise for the personnel working in that department.  The final report delivered by Buckley Kiely provided the Board with a number of key system and process improvement recommendations and a capacity and cost benchmarking assessment which have been the foundation for a restructuring of the department into a more cost and process efficient cost centre.  The Board of Movies @ are grateful to Buckley Kiely and would highly recommend them.

Karen Reid // Movies @ Dundrum

It opened up many possibilities that I never knew I had, in fact, possibilities I thought I didn’t have or would ever have.  It’s certainly worth having a consultation with Richard and Paul as they make things easy to understand. It has definitely changed my life for the better.

Billy S. // Retired Bank Manager

Buckley Kiely was my first choice as accountant for BuiltInCork and they also provide financial support and advise to many of the startup members of the group.

DC Cahalane // Founder

Buckley Kiely are very professional while at the same time being very friendly and approachable. They have an excellent understanding of the pharmacy sector and have been instrumental over the years in helping to redevelop and modernise our business when required. Most recently they played a proactive role in the sale of the business, providing tax planning advice, dealing with due diligence and solicitors. The firm also provides sound, long-term financial advice. Buckley Kiely and I share our 40th anniversary as Seamus set up the business the same year that I qualified as a pharmacist, back in 1977 – I’d like to congratulate them on 40 years of excellent service.

Tim Doody // Pharmacist (previous Owner)

//

Introducing

Team Buckley Kiely

View All Team Members

Seamus Buckley

Partner

John Kiely

Partner

John Flynn

Managing Partner

Margaret McCormick

Partner

Fearghal Collins

Partner

Niall Dennehy

Commercial Business Manager

James Kiely

Director of Tax

Rosemary Farrell

Tax Advisor

Anne Murray

Tax Advisor

Yvonne Murphy

Audit Manager

Andrew Moynihan

Manager

Denis Crowley

Manager

Hilda O’Donovan

Management Consultant

Sam Lee

Senior Management Accountant

Norah O’Dwyer

Management Accountant

Alan O’Connell

Accountant

Joe Duggan

Accountant

Richard Fowler

Director - Buckley Kiely Wealth

Paul Buckley

Financial Planner - Buckley Kiely Wealth

Marian Fitzgibbon

Financial Services Administrator

Introducing

Team Buckley Kiely

View All Team Members

Contact Us


Our Location

new Business

Fearghal Collins

E: fcollins@buckleykiely.ie

Our Office

Heritage Business Park,
Bessboro Road,
Blackrock,
Cork
T12 P1HX

T: +353 (0)21 4350777

F: +353 (0)21 4350750

E: info@buckleykiely.ie