"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

Credit Unions Support

Credit Unions Support

Buckley Kiely & Co has a long association with credit unions, going back to the 1970’s! During this time we have witnessed first hand, the monumental changes that have occurred both within the movement as a whole and within individual credit unions.

The economic difficulties of recent years and the increase in appetite for regulation of the financial sector has resulted in the emergence of a whole new set of challenges for credit unions.

  • Separation of duties of the Board – now required to stay removed from the day-to-day credit union operations
  • Compliance & Risk Assessment requirements
  • Strategic Planning requirements
  • Complex, detailed financial reporting requirements to the Central Bank
  • Decreasing funds – due to reducing loan books, member difficulties with loan repayments and reducing returns on investments
  • Increasing costs – due to regulation, compliance and staffing requirements

A similar regulatory model to that applied to profit-making financial institutions is now being applied to voluntary-run credit unions, who have nowhere near the same level of resources available to them.

So, how can credit unions maintain the ethos of running community based locally-funded alternatives to the banking sector – financial services by the people for the people, while still complying with these demanding new regulations?

Buckley Kiely is offering credit unions a range of support services, providing them with the know-how, technical capabilities and expertise now required to meet their regulatory and compliance obligations.

Meeting regulatory requirements while maintaining the spirit & ethos of Credit Unions.

Our credit union support services include:


Testimonial

“Buckley Kiely first completed the annual audit for Millstreet Credit Union back in 1978 – so that’s nearly 40 years we’ve been using their audit services. This is testament to the superb quality of their work and the fact that the audit team are so pleasant to deal with. Buckley Kiely really understand credit unions, how we operate and the issues we often face. Buckley Kiely’s expertise and advice has been invaluable. We would have no hesitation in recommending them to fellow credit unions.

– Millstreet Credit Union, Co. Cork

“Newmarket Credit Union first began working with Buckley Kiely in the 1970′s. 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, Co. Cork


 Buckley Kiely Credit Union Team

JohnFlynn

John Flynn // Partner

John, who joined the practice in 1996, has more than 25 years’ experience in accounts and audit and has completed a wide variety of assignments including the audit of credit unions. A Fellow of the Association of Chartered Accountants, John was admitted as a partner in 2004. In recent years John’s focus has been on expanding the Business Support division of the firm, providing systems and structure reviews and assisting clients in the development of their reporting systems. John has headed up a number of Independent Business Reviews (IBRs) both for banks and directly for business owners. Email John


DenisCrowley

Denis Crowley // Manager

Denis has over seventeen years’ experience in practice with thirteen years’ experience in the management of the provision of a full suite of practice services to a portfolio of approximately 150 clients comprising a wide variety of assignments across diverse industries. A Credit Union specialist with over fifteen years’ experience in the provision of a full range of assurance and non-assurance services to a variety of credit unions. In recent years, the focus has been on the provision of loan book review services and advising on the implementation of control systems and procedures. Email Denis


AndrewMoynihan

Andrew Moynihan // Manager

Andrew, who joined Buckley Kiely in January 2008, is a qualified Chartered Accountant. Andrew has worked in practice for over 20 years providing support and advice to small and medium enterprises. Andrew also has extensive experience in the audit of credit unions and solicitors. Email Andrew


HildaODonovan

 Hilda O’Donovan // Management Consultant

Hilda has over 25 years’ experience implementing business procedures and controls for clients. She has extensive experience also in the areas of evaluating, completing reviews and providing advice on the systems of financial recording and controls, organisational systems and structures for clients in a variety of business sectors. A member of the Board of her own local credit union, Hilda brings in-depth knowledge and understanding from the credit unions perspective to the Credit Union Team. Email Hilda.

Check Out

What Clients Say

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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