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.
Risk Assessment & Risk Management
Credit unions are required to adopt a formal risk management process as part of the Credit Union and Co-operation with Overseas Regulators Act 2012.
The risk management process must
‘provide the basis (including organisational arrangements) for designing, implementing, monitoring, reviewing and continually improving risk management processes throughout the credit union’
Buckley Kiely is supporting credit unions in their development of risk assessment and management systems, providing guidance on internal controls required to mitigate the risks identified as well as providing an outsourced risk management function including the preparation and maintenance of the requisite risk register.