Credit Union Audit

Key features of our Credit Union Audit service

Alexander Sloan understand how Credit Union’s work and the complexities of carrying out a Credit Union Audit. We have over 25 years experience of carrying out Credit Union audits. We have also carried out training on behalf of the Institute of Chartered Accountants of Scotland on Credit Union Auditing and Accounting.  In addition, we have also presented at two ABCUL conferences on the impact of FRS 102 on Credit Union Accounts. We believe this knowledge is key to providing you with the Credit Union Audit service that you require. Some of the key features of our Credit Union Audit service are set out below


We have over twenty five years experience of working with some of the largest Credit Unions in the UK. 

Clear communication

Our team will keep you informed throughout the audit to avoid any surprises. We also welcome regular contact throughout the year.


We ensure that we are up to date with the latest Credit Union developments. This means we can provide you with expert advice and support that you need.


We perform a thorough audit to ensure your Board, managers and members get the assurance they require.

Kevin Booth


“We have been dealing with Alexander Sloan as our External Auditors and tax advisors for several years. Alexander Sloan know and fully understand our industry, business model, risks and requirements to ensure we succeed as a going concern and adhere to accounting practices. They offer very professional skills in all areas and always respond very quickly to any problem. I would have no hesitation in recommending Alexander Sloan”
Colin Gailey
Finance Manager at Glasgow Credit Union

Accounting and audit articles

Audit & Accounts
Steven Cunningham

Future of Provisioning

IFRS 9 came into force in 2018 for entities applying International Accounting Standards. While its implementation did not impact Credit Unions applying FRS 102; it

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Changes to your next audit

The Financial Reporting Council (FRC) has revised a number of auditing standards that will increase the scope of the work that all auditors are required

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