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.
Changes in governance has resulted in the credit union board now being required to remain totally hands-off, with roles and duties to be kept separate from operational management of the credit union. In parallel with this, the board is also required to sign off on policies & procedures, ensure compliancy with best practices within their credit union and continue to be responsible to members.
More than ever then, the board now needs presentation of reliable and timely management information to ensure they are kept at the pulse of activities and general operations of their credit union.
Buckley Kiely has extensive experience in the provision of management information support to clients including credit unions, ensuring that reliable financial information is provided in a timely manner and in a format that is conducive to effective decision making. We assist in the consideration of the information provided by the credit unions through focusing attention on critical success factors tailored to each individual requirement.
We provide this service to credit unions, ensuring that the information presented at each meeting of the board is formatted so as to enable key performance indicators to be monitored, comparing actual results to budget, including an assessment of any variances and their impact on cash flow requirements and projections.
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