Senator Feargal Quinn was this year’s guest speaker at the CIMA, Mid West Branch, Summer Lunch. President of CIMA Mid West Branch for the years 2006/2008 Joe Littleton is seen here making a presentation of a painting by well known Limerick artist Angela Woulfe to Senator Quinn, watched by Deputy Mayor of Limerick Maria Byrne

Joe Littleton of JFL Training and Consultancy has over thirty years experience as Accountant, Financial Controller and General Manager of manufacturing and service companies in Ireland and the United Kingdom ranging from privately owned to multinational companies. 

This wealth of experience will be used to enhance the profitability of your business.

• We will introduce a standard costing and  budgetary control system to your firm by an expert accountant in this field. This will involve discussions with all the functional heads to prepare a functional budget.  A master budget will be prepared in the form of a Profit and Loss account to which the actual results will be compared.

• We will work with your firm to identify where variances arise.  This will involve working  with your management team to control adverse variances and improve positive variances wherever possible.

• Techniques such as Break Even Analysis and Activity Based Costing will be used to focus the mind of the managers on company profitability.

• We will use departmental analysis to ascertain the profitability of each department within your business.

• All prices paid to suppliers of goods and services will be checked. We will use our experience and expertise to ensure that your firm is obtaining all quantity and settlement discounts that are relevant to your particular business.  We will negotiate with suppliers on your behalf if necessary. All outstanding credits and credit claims that have not been settled after one month will be pursued with the suppliers in order to obtain the best possible resolution for your firm.

• We will ensure that your selling prices are based on sound costing exercises and that your material, labour and overhead costs are properly accounted for in product or service costs. The mark up on your products will be based on product costs and market forces.

• We will recommend and install the most appropriate accounting package for your business and train your staff in its operation.
  Contracts of employment will be drawn up for employees if they are not in existence.
  We will negotiate with your Trade Union if required.