KPMG Channel Islands Limited
Dermot Dempsey specialises in delivering audit, accounting and other related services to the investment management and banking sectors. Dermot is a Fellow of the Institute of Chartered Accountants in Ireland and joined KPMG in the Channel Islands in 2003. He acts as audit engagement partner on a number of closed and open ended funds listed on the London Stock Exchange (‘LSE’), the Alternative Investments Market (‘AIM’) of the LSE, the Irish Stock Exchange and Euronext exchange in the Netherlands. Dermot is accredited to audit financial statements prepared in accordance with UK GAAP, IFRS and US GAAP. He has also led assurance and regulatory advisory engagements including: interim reviews in accordance with ISRE 2410, track record reporting and agreed upon procedures work, and has acted as reporting accountant for funds seeking a primary listing on a recognised exchange. Dermot is an accredited Service Organisation Assurance Reporting (‘SOAR’) director with experience in advising potential new banking entrants to the Guernsey market on licensing and other regulatory matters. He is responsible for leading audit innovation in the areas of offshoring (KGS), KCentral, E Data mining and Standardisation within the Channel Islands.