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Gaffney Murphy & Co, Statutory Auditors and Accountants

Service 03 / 05

Business Advisory

Gaffney Murphy are a forward thinking accounting firm where we specialise in all aspects of small, medium and large businesses, including consulting and development, strategic planning and profit maximisation.


Business owners and an adviser in discussion around a table with notes and a folder

Outsourced business services

The bookkeeping burden, taken off your desk

The role of the accountant has changed to that of a business advisor. By providing these services we can deliver significant benefits to your business. Gaffney Murphy can provide outsourced business services tailored to your needs, and relieve the burden on you of maintaining financial records and reconciliations.

Our services include

  • Preparation and submission of VAT, PAYE and RCT returns to the Revenue Commissioners
  • Profit and loss statement and balance sheet
  • Debtors and creditors analysis
  • Key performance indicator analysis

Payroll

Payroll, handled quietly and correctly

Gaffney Murphy offers companies a cost effective payroll outsourcing service, which comes with the utmost personal attention and the quality customer service that is required for this very important function in a business.

Strategic and financial planning

Plans that get used, not filed

Gaffney Murphy work closely with their clients to develop strategic plans or review existing strategies for the long-term future of the business. We work closely with clients to help grow the bottom line by examining all areas of the business to improve efficiency and position them to be more competitive.

Services offered include

  • Set and review strategic goals
  • Conduct external analysis of the markets and competitors
  • Formulate realistic action plans
  • Implement key policies
  • Develop specific policies for business units including finance, HR, operations, procurement and research and development
  • Create control systems for reviewing objectives and action plans
  • Preparation of annual budgets, rolling forecasts and cash forecasting
  • Reducing overheads to help lower your cost base, improve efficiency and increase productivity
  • Employee motivation and performance strategy development and implementation

Internal control review

Knowing where the risks actually sit

Gaffney Murphy work actively with clients assessing, monitoring and making recommendations relating to a company's internal control risk profile. Our internal audit team carries out the audit process by assessing the effectiveness of a company's internal control system, identifying possible issues and formulating a strategy for improvement if required.

Key services

  • Budget forecasting
  • Business development
  • Company secretarial
  • Due diligence review
  • Forensic accounting
  • Grant applications
  • Internal control review
  • International business
  • KPI assessment
  • Management accounts
  • Outsourced business services
  • Overhead analysis
  • Payroll
  • Strategic and financial planning

Advisory questions

What business owners ask us

What does an outsourced business service include?

We provide a tailored solution to your needs and relieve the burden of maintaining financial records and reconciliations. That includes preparation and submission of VAT, PAYE and RCT returns to the Revenue Commissioners, profit and loss statements and balance sheets, debtors and creditors analysis, and key performance indicator analysis.

Do you run payroll for clients?

Yes. Gaffney Murphy offers companies a cost effective payroll outsourcing service, delivered with the personal attention and quality customer service this very important function in a business requires.

How does strategic and financial planning work with you?

We work closely with clients to develop strategic plans or review existing strategies for the long-term future of the business, examining all areas of the business to improve efficiency and position it to be more competitive.

What is an internal control review?

We work actively with clients assessing, monitoring and making recommendations about a company's internal control risk profile. Our internal audit team assesses the effectiveness of the internal control system, identifies possible issues and formulates a strategy for improvement where required.

Next step

Tell us where the pressure is coming from

Cash flow, overheads, staffing, a bank application or a decision about the next three years. Bring the question and we will work through the numbers with you.

Talk to our team