Audits are the cornerstone of financial reporting and are a statutory requirement for medium sized and large companies and also in certain special circumstances. Through changes in legislation fewer businesses now legally require an audit. However, many audit exempt companies may still benefit from them.
To perform an effective audit we need to get to know your business, the industry in which you operate and the economic factors affecting you. Regular contact with you is a key priority for our team of qualified and experienced audit specialists, including those times when accurate and relevant advice is needed on special plans and projects.
Through your audit we can review the key drivers within your business, your financial controls and management systems, helping you to identify risks, how best to minimise them and providing a valuable tool for decision-making.
An audit also provides independent evidence of the integrity of your accounts, providing reassurance to your customers, suppliers, actual or potential investors, banks and other finance providers and opening the door to future development.