Audit
Our registered auditor status enables us to provide audit based services to the following entities:
- Limited Companies
- Groups
- Pension Schemes
- Solicitors
- Charities
- Friendly Societies
An audit provides assurance to users of your financial statements that the results contained therein are true and fair. This provides a number of benefits to the company, and comfort to the individual stakeholders.
The audit report adds value to the company in the event of a future sale, as the purchasers can feel confident in the results the financial statements have expressed. This can increase the overall selling price substantially. An audit can help to reduce the risk of fraud and theft within the company as our procedures may detect such occurrences, which could otherwise have been missed.
For external stakeholders, such as banks and investors, the audit can give assurance that the company is being well managed, which is of great value when the company is seeking new sources of funding.
Many small companies are now removed from the requirement to have a statutory audit. But for those companies that still want some of the security of an audit without the full procedure and cost, we can provide an assurance report, which provides more security to the stakeholders than provided by a straight forward accounts preparation assignment.
