Credit Unions

Over our 40 year history, BCA has developed a strong professional reputation within the Credit Union movement. We act as auditors to 12 Credit Unions across Ireland in addition to providing advisory services to many more. Our advisory services include the provision of advice on compliance with legislation and regulation.

The local Credit Union continues to be the cornerstone of many Irish communities as it has over the past fifty years. It is becoming more important as the traditional banking sector seeks to restructure their local services and lending activities. The Credit Union sector is well positioned to develop a broader range of products and services for members through both independent and collective means.

Recently, the sector has seen fundamental change in its operations and regulatory reporting requirements. There remains a greater emphasis on risk management, data protection (GDPR) and corporate governance. The maintenance and security of IT systems is now a vital element of a Credit Union’s strategic development.

At BCA, we have a dedicated specialist team that understand this is a critical time for Credit Unions. Our Credit Union team will provide you with an informed, consistent approach to help you effectively manage any issues.

Annual Statutory Audit

BCA ensures that your Credit Union’s audit is compliant with all statutory and regulatory requirements.

Independent Review

We undertake an independent review of your Credit Union’s corporate governance, loans, investments, fixed assets and value in use (VIU).

Internal Audit

We will provide independent assurance that your Credit Union’s risk management, governance and internal control processes are operating effectively.

Internal Control

We assess your internal control systems to determine the efficiency and effectiveness of your operating procedures.


Risk and Compliance Reviews

BCA will ensure that your Credit Union meets all the financial requirements imposed by the the Credit Union Act.

Fraud and Forensic Accounting Investigations

We have a dedicated fraud and forensic accounting team with the relevant expertise and experience

HR and Payroll

BCA provides a range of HR and Payroll support services to help Credit Unions comply with its obligations under employment legislation.

Strategic Development

Our dedicated BCA team will provide expert advice on future strategies and setting strategic goals.

Investment Methodology Review

Policy and Procedure Development


Transfer of Engagements

Credit Union Specialists

Paul Kelly

PartnerPaul joined BCA in 2005 and has extensive experience in Audit of SME, regulated entities, and business advisory. Paul is a member of the Institute of Chartered Accountants in Ireland with over 12 years’ experience in practice.MORE DETAILS

Michael Casey

Managing PartnerMichael is Managing Partner of the firm and has helped to develop and grow the firm to its current status as one of the largest practices operating outside of Dublin. Michael is a member of Chartered Accounts Ireland and the Institute of Taxation in Ireland. MORE DETAILS