The world may be aspiring to a single set of global accounting standards, but they are not becoming any less complex. We use our deep understanding of GAAP to help organisations to convert from one GAAP to another and to account for business transactions such as acquisitions and divestments, tax products and complex financing structures.
We provide audit and accounting advice in accordance with National and International Financial Reporting Standards on technical issues. We also provide bookkeeping advice in order to help you understand your reporting structure and requirements.
We use our expertise to demystify complex accounting rules and bridge the disconnect between accounting standards and commercial reality.
Are the financial accounts fit for purpose intended?
We understand that accounts are prepared for a variety of purposes and diverse readership. For many owner managed entities the accounts primarily serve the purpose of providing a basis for tax calculation and by the time they are available serve little benefit in managing the business. We identify with our clients the correct format, the appropriate timelines and the allocation of responsibility to ensure time and money devoted to accounting work achieves maximum benefit
There are many occasions when a company or individual needs an independent “expert” to give an opinion on financial matters to avoid disputes and settle matters. We act for Directors and Shareholders as well as private individuals in financial investigations and dispute resolutions and provide expert evidence in a variety of cases including matrimonial disputes.
O’Neill Foley is a progressive Chartered Accountants firm based in Kilkenny. Our commitment to creating value for clients is built on the importance of strong relationships, the quality and timeliness of our advice and the depth of our service.
Our services include audit, accounting, tax, internal audit, corporate governance, payroll, business recovery, company secretarial, business consultancy, wealth management and corporate finance.