At Tynan Dillon, we view the preparation of financial statements as a value added exercise, which should always yield valuable information for the users of the accounts.
We have extensive accounts preparation experience, both statutory accounts preparation required for compliance with the Irish Companies Acts, and preparation of management accounts focussing on areas of importance to our clients.
We believe that careful taxation planning should underpin all business processes, and transactions entered into.
A comprehensive taxation review is carried out on all accounts prepared by Tynan Dillon, with the intention that we will be in a position to offer pro-active taxation advice, and ensure that our clients are made aware of any tax saving opportunities that may be relevant.
We also provide detailed advice in all areas of taxation, including;
• Sale or Acquisition of a Business
• Wealth Management
• Succession Planning
• Business Structuring
• VAT efficiencies
• Investment Planning
• Significant acquisitions or disposals
• Revenue Audits
The Statutory Audit function has changed greatly in recent years, both as a result of the extension of an exemption from audit that now extends to more private companies than ever before, and as a result of increased regulation applying to the audit of those companies that are not in a position to avail of the exemption.
With decades of experience with Statutory Audits, we are ideally placed to provide an efficient, cost effective, and comprehensive service.
At Tynan Dillon we take pride in our ability to offer clients access to an extensive range of savings and investment products. We have many years experience in dealing with a wide range of financial institutions, and have four Qualified Financial Advisers working in the practice. Products we regularly advise on would include;
• Life assurance
• Pensions – both pre and post retirement
• Deposit Accounts
• Guaranteed, and Non-Guaranteed Fixed Income Investments
• Investment Portfolio Management
• Serious Illness & Income Protection
• Mortgage Protection
Tynan Dillon has always been pro-active in advising our clients in relation to Corporate and Personal Insolvency issues. This is an area currently subject to significant change, with new Corporate Examinership and Personal Insolvency legislation changing the face of the Irish Insolvency regime permanently.
Our team includes specialist Insolvency Practitioners, available to assist with pre-insolvency advice, insolvency compliance advice, and turnaround advices. We are also available to represent those concerned as to the recovery of debt extended, via Independent Business Reviews, pre-Receivership Assessments, and assistance with Valuations.
Creditors / Restructuring
We have extensive experience assisting organisations with restructuring and rescheduling debt. This work requires a specialist knowledge of the rights and obligations of the borrower, and an impartial assessment of the optimal strategy in each individual case.
Our experience in this area gives us a unique insight in many cases, and we can take a leading role in the restructuring process, dealing directly with creditors, including banks and other financial institutions, if required.
In endeavouring to ensure that we are in a position to provide a complete business management service for our clients, an expert bookkeeping function is essential. Our team of professional bookkeeping staff ensure our clients may opt to completely outsource their record keeping and regular tax filing responsibilities, allowing them to focus on their businesses.
Payroll operation has become a specialist area, where continual change to legislation and regulation require a focussed and professional approach.
Our dedicated payroll bureau will ensure:
• Timely processing of regular salary and tax payments
• Provision of confidential payslips
• Employee registrations
• Employee terminations
• Compliance with sick, maternity and holiday leave entitlements
• Provision of P30s, P35s, P45s, and P60s
Compliance with the company secretarial requirements of a business is taking on increased importance. Tynan Dillon have extensive experience working with and advising clients on this area.