Advisory services
Our audit services go beyond merely meeting statutory requirements. We help our clients perform better. We listen to their needs, think about the business implications and tailor our approach accordingly.
In today's changing global economy, businesses need trusted advisers. Because Deloitte audit professionals take the time to understand our client's business, as well as the industries in which they operate, we can help you identify major risks and opportunities over and above performance of the traditional financial reporting function. We offer a range of advisory services to help your business perform better.
Government funding & grants
In the current turbulent times, stimulating growth and innovation for both Irish indigenous companies and international companies with a presence in Ireland will be paramount in helping the Irish economy survive and develop through the inevitable future upturn. Certain government agencies will provide assistance through the provision of both grant aid and capital injection and through varying forms of equity investment.
We can provide you with value-added assistance in a number of ways:
- We can guide you in identifying the types of funding available to your company
- We can provide the requisite accounting report to accompany the grant application submitted to the relevant government agency
Many of our clients have been surprised by the sheer diversity of grant aid available to their companies and at the levels of grants achieved, which have significantly improved their bottom line.
Cost reduction services
The current downturn has resulted in a fall in consumer confidence and spending and, as a result, cash and the bottom line are king. Companies are seeking to maintain and/or grow profits through working capital management and operating efficiency and are also looking to reduce their cost base. Our cost reduction services includes:
- Working capital management insights
- Cash management and liquidity
- Assistance in financial modelling
- Outsourcing
- Management accounting
- Controls
- Contract review/compliance
- IT systems review
Preparation of business plans
Many companies spend weeks preparing a sales presentation to a customer but overlook the necessity of taking the same care when dealing with their bank manager or a potential investor. Banks and investors look for detailed information to accompany an application for funds. Therefore, management needs to be able to write an effective business plan not just to raise money but also as an important management tool for internal purposes.
Sarbanes-Oxley compliance
Control reviews
Our specialists have a breadth of expertise in reviewing controls, including:
- Providing assurance for stakeholders regarding the operation of controls over key business cycles
- Identifying weaknesses and recommending improvements to control and/or reporting environment
- Reviewing project management
- Organisational risk diagnostics and creating risk profiles, registers
- Business continuity planning
Secondments & staffing
We provide clients and companies with part-qualified and fully qualified accountants to work on ad hoc projects; assist with time-specific financial, management or regulatory reporting; and/or cover periods of leave.
The range of work our professional staff can assist with includes:
- Identifying areas of operational improvements
- Assisting with the preparation of financial and management accounts
- Monthly balance sheet reconciliations and regulatory reporting
- Developing management accounts and reports
- Payroll and bookkeeping
We have expertise in all technical standards and reporting requirements, as well as specific industry knowledge that can add value to your business.
Our secondment rates are highly competitive and ensure value for money while delivering the highest quality of service.
Please do not hesitate to contact a member of our Audit team with any queries you might have.