Audit & Assurance
Preparing accurate annual accounts isn’t just a legal requirement — it’s a vital tool for understanding your business’s performance. At Sean O’Sullivan & Co, we help companies of all sizes stay compliant with financial reporting standards while delivering insights that support smarter decisions.
Our team prepares accounts in line with Irish GAAP or IFRS and supports you through the full audit process — from filing to finalisation. But we go beyond compliance.
We help you understand the story behind your numbers, offering clarity on trends, opportunities, and areas for improvement.
Whether you want to improve cash flow, streamline operations, or assess the financial health of new ventures, our Audit & Assurance service gives you the confidence to move forward strategically — not just meet statutory obligations.
Things to Know
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Filing Deadlines Must Be Met
Annual accounts must be filed with the CRO along with your Annual Return. Missing deadlines can result in fines and loss of audit exemption. -
The Format of Your Accounts Depends on Company Size
Irish company law sets different reporting standards for micro, small, medium, and large companies. We ensure your accounts meet the appropriate requirements. -
Accounts Must Be Approved Before Filing
Annual accounts need formal approval by directors and, in some cases, shareholders. We guide you through the approval and filing process to ensure compliance. -
Revenue and CRO Requirements Differ
Your tax return (to Revenue) and your Annual Return (to the CRO) are separate submissions, even if they’re based on the same figures. We help manage both to avoid duplication.
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Proper Bookkeeping Is Essential
Clean records lead to accurate accounts. We offer ongoing bookkeeping support to reduce year-end stress and improve reliability. -
Audit Requirements Depend on Size and Compliance History
Small companies may be exempt from audit — unless they miss deadlines. We help maintain your audit-exempt status through timely compliance. -
Management Accounts Provide In-Year Visibility
Don’t wait until year-end to understand your numbers. We provide monthly or quarterly reports to help you stay on top of performance. -
Financial Analysis Can Drive Growth
Your accounts reveal more than just past performance. We extract insights that help you plan ahead, reduce costs, and grow with confidence.
Sean O Sullivan & Co
Frequently Asked Questions
No — small companies that meet certain criteria may qualify for audit exemption. However, filing your Annual Return late can result in losing this exemption. We help you stay compliant and retain your status.
Annual accounts preparation involves compiling your financial records into a formal report. An audit is an independent examination of those accounts to ensure accuracy and regulatory compliance.
Yes — whether you need a full audit or are preparing for one, we provide pre-audit support, documentation guidance, and work closely with auditors to ensure a smooth process.
We prepare accounts in accordance with Irish GAAP or IFRS, depending on your company’s requirements and industry standards.
Audited accounts build trust with stakeholders, investors, and lenders. They can also provide deeper insight into business performance, helping you make more informed strategic decisions.
