Crowley & McCarthy has a long history in the provision of assurance and non-assurance services to credit union clients. We currently act as statutory auditors and advisors to a number of credit unions.
As a result, we have developed extensive knowledge of all aspects of the operation of credit unions and have compiled an expert team with the requisite skills to provide professional services to Credit Unions to the highest standards.
The Practice is acutely aware of the challenges faced by credit unions at every level as a result of the new commercial reality in which we must now operate and the increased regulatory requirements introduced to secure the future of the credit union movement as a whole. We are well placed to support our Credit Union clients in facing these challenges, to build a stronger, consolidated Credit Union sector to continue to serve the members and the public.
As part of our engagement with our credit union clients we identify areas of weakness and report on these to the board of directors. In addition, we review key policies and procedures to ensure that they are appropriate, up to date and in compliance with current Central Bank requirements, making recommendations for improvements to mitigate risks.
In addition to statutory audits for Credit Unions, we have extensive experience in carrying out specific financial due diligence work required by the directors or the Central Bank including:
- Loan Book Reviews
- Investment Portfolio Reviews
- Fixed Asset Reviews
We would welcome an opportunity to discuss your needs.