DHKN Overview 2023 - General

Quality | Commitment | Service

DHKN is the largest professional services firm in the west of Ireland with high-level expertise in Audit, Accountancy, Corporate Finance, Tax Consultancy & Compliance, Outsourced Services and Company Secretarial all under one roof in Galway.

Our Commitment to Our Clients

DHKN will be your partner through every stage of your business and financial life All of us are committed to assisting you to find solutions, manage change and plan for the future

Our locally-based expertise across so many disciplines allows us to work together quickly to deliver best in class service to all our clients, no matter their size or the stage in their journey We’ll be with you all the way

Directors: Stephen Crowley F.C.A., Mark Gibbs F.C.A., Maurice O’Shea F.C.A.

Consultants: Proinsias Kitt F.C.A., P.I.I.A., Robert Clinton F.C.A., P.I.I.A.

FORWARD THINKING FOR YOU AND YOUR BUSINESS

Quality, Commitment, Service

DHKN is the largest professional services firm in the west of Ireland with highlevel expertise in Audit, Accountancy, Corporate Finance, Tax Consultancy & Compliance, Outsourced Services and Corporate Governance & Compliance all under one roof in Galway.

Our Commitment to You

DHKN will be your partner through every stage of your business and financial life. All of us are committed to assisting you to find solutions, manage change and plan for the future

Our locally based expertise across so many disciplines allows us to work together quickly to deliver best in class service to all our clients, no matter their size or the stage in their journey We’ll be with you all the way

At DHKN we're always looking ahead for our clients while ensuring they have a solid platform on which to base their growth plans ...forward thinking is part of our DNA.

Audit & Advisory

Making sure your business has solid foundations for growth

Corporate Finance

Helping you fund and grow your business

Advisory

Planning a solid future for you and your business

Taxation Compliance & Consultancy

Advice to help you and your business make the most of tax opportunities

Governance & Compliance

Getting the most effective structure for you, and your shareholders

Outsourced Services

Accounting and Financial Control, leaving you time to work on your business

DHKN are at our sides as we negotiate the major challenges facing all businesses today and are helping us to build for the future.”

Kevin Nugent, Founder, Tribe Hospitality

Our story

DHKN was formed in 2003 as a result of the merger of two firms: the long-established Deacy, Concannon & Co and Kitt, Noone & Co, both of which had their head offices in Galway

DHKN has grown since then to be one of the biggest accounting firms in the West of Ireland, employing 75 professional staff with offices in Galway and Dublin

Our clients include large Ireland-based multi-national enterprises, SME’s, overseas-headquartered companies, professionals, financial institutions and not-for-profits.

With all major offerings under one roof DHKN provides clients with a comprehensive, co-ordinated service including taxation advice, compliance, cloud-based accounting and company secretarial.

DHKN supports businesses at every stage of their growth.

DHKN – we’re with you all the way!

Our Values

DHKN’s values define who we are and why we exist as an organisation.

They help everyone on our team work towards a common purpose.

They define how we behave with each other, our clients, regulators and the wider community.

Best in class Service

DHKN’s clients deserve world class service across all our areas of expertise, delivered locally by people they know and trust.

Respect for Others

We value everyone and treat people with dignity and professionalism.

This includes colleagues, clients, regulators, educators, other businesses, the wider community and our environment.

To truly understand our clients’ needs and how we can best serve them, we identify and develop the best staff and empower them to partner with clients, developing the best solutions for their needs.

Advisory Services SME Accounting Solutions

Corporate Governance & Compliance

Advisor to the Medical Sector

ACCOUNTING & PAYROLL

Giving you the time – and information –you need for your business

Entrepreneurs who are starting or growing a business or who are leading it in new directions or into new markets rarely have the time for bookkeeping, processing payroll, VAT returns and financial reporting.

Outsourcing your payroll and accounting allows you to benefit from the skills and experience of a team of people who do this everyday.

It gives you the time to focus on the actions which benefit your business, secure in the knowledge that regular, accurate and timely financial information is available for your important business decisions.

We are a recognised Champion of XERO one of the world's best outsourced cloud accounting solutions, which can put more control in your hands.

“Outsourcing our accounts function to DHKN has changed the way we do business. Rather than being distracted by tasks that aren’t in our area of expertise, we have now shifted our focus to tasks that add value to our core business.”

Paul Gill Managing Director

AUDIT AND ACCOUNTANCY

Reflecting your achievements –building for your future

We believe in Forward Thinking for you and your business. We're always looking towards your future, while ensuring we're helping you accurately reflect past performance.

DHKN is a premier provider of statutory audit, financial reporting and advisory services to clients in the corporate, regulated and not-for profit sectors. Our team of professionals always looks to create value in our clients’ organisations.

DHKN can help you develop a financial reporting structure that suits your business. We have the knowledge and technical expertise to deliver the essential reporting and advisory your organisation needs.

At DHKN we know that a close working relationship with our clients is essential. We want to understand your organisation and your organisation’s needs, your strategic objectives and the issues which concern you.

Statutory Audit

Financial

Reporting & Analysis

Audit-exempt

Financial Statements

Regulatory Agency

Reporting

Charities & Not-For-

Advisory Services

Caoimhin Broderick, Stephen Crowley, Maurice O’Shea

Profits

“As our auditor DHKN has always been very responsive and focused, meaning we have timely, audited financial information to share with all our stakeholders – a key differentiator for successful start-ups and scaling companies.”

Dr Catherine Caulfield Co-founder & CEO Ovagen Group Ltd

CORPORATE FINANCE

Adding value to your business

At DHKN Corporate Finance we’re experts at helping businesses develop effective growth strategies and obtaining financing to support them, as well as in corporate finance transactions such as mergers, acquisition, restructuring or business sales.

We are supported by a strong team of tax, wealth management, corporate governance and accounting services to ensure our clients benefit from comprehensive support every step of the way.

DHKN Corporate Finance has over 15 years’ experience of completing fundraisings that provide tailored, sustainable financing for a business, with the goal of maximising its longterm value.

“With new markets and a variety of growth opportunities available, DHKN were critical in helping us develop a year business plan

obtain the optimal funding structure to maximise our potential

rapidly expand our business ”

– Managing Director Galway based logistics business

TAX ADVISORY & CONSULTING

Practical, timely and tailored advice in a constantly changing tax environment

Ireland’s tax environment is complex and constantly changing. Understanding how current legislation can impact your personal and business finances is a full tine job.

Reliable tax advice can help you control the amount of VAT, Income Tax, PAYE and Corporation Tax you pay every year as well as plan effectively for the tax implications of acquiring, selling or passing on your business.

We know that you want assurance that your tax affairs are dealt with correctly and in a timely manner, while reducing the cost to you.

Most of DHKN’s tax staff are Chartered Tax Advisers and members of the Irish Tax Institute. They have a wide range of experience and indepth knowledge in all significant areas of tax.

Our goal is to ensure clients' potential tax issues are avoided, and opportunities are taken, delivering peace of mind to you and your family.

Robert Lohan, FCA, CTA Tax Advisory

“DHKN deliveredatax strategywhich benefitted bothmyfamily andmy business”

TAX COMPLIANCE

Delivering peace of mind for you, your family and your key staff

Making sure you and your business are compliant with all relevant tax legislation is challenging because Ireland’s tax regime is complex and constantly changing.

Keeping track of deadlines, making sure returns are filed and payments made for the different types of taxes takes time, experience and expertise.

Staff transferring to key roles in Ireland find the challenge of navigating our tax system daunting.

Similarly, Irish people resident overseas may need to file returns and make payments in respect of assets or income generated in the State.

DHKN’s Compliance team of experienced tax professionals provides these services for a wide range of clients including professionals, sole traders, company directors, farmers and property owners.

Non-

Estate

Employee Benefits

Revenue Interventions

Eoghan McGuire, FCA, CTA Tax Compliance

“DHKNgivesme PeaceofMind. Iknowmytax returnsareuptodate,ontime andoptimised formy circumstances.”

GOVERNANCE & COMPLIANCE

Better Governance for a Better Business

Good corporate governance makes a business stronger, more resilient and attracts keener interest from potential employees as well longerterm business partners or customers.

The reporting burden on many Irish companies and their directors can be overwhelming particularly with the pace of change of legal and regulatory requirements.

The costs of poor compliance can be more than just financial.

It can damage the reputation of the business and its directors which in turn can reduce the attractiveness of the business for employees, new business partners and potential or existing customers. Reputation counts for a lot!

Our Corporate Compliance team, led by George Alton, MSc, ICSA, has extensive knowledge and experience in company law matters and provides a complete range of services and advice to Company Directors.

Constitution

Capital Changes

Board Services & Directors’

Strike Off & Restoration

George Alton ICSA Corporate Governance Compliance

Statutory Compliance

Shareholder & Loan Agreements

Duties

& Share

Incorporation & Reregistration

Forward Thinking…

At DHKN we’re always looking ahead for our clients, helping them address challenges and seize opportunities, while ensuring they have a solid platform on which to base their growth plans.

…forward thinking is part of our DNA