Audits
Any company has a turnover greater than £5.6m
will require to have an annual audit.
Circumstances where an audit will be required may include:
where the company's gross assets exceed £1.4m
where the shareholders demand it
financial services companies
companies which are registered charities
Even though an audit is not required by law, many companies opt to have
their accounts audited, either for their own peace of mind or as a requirement
of their financiers.
As registered auditors, we have substantial experience
not only in the audit of private limited companies but also other regulated
bodies including professional partnerships and charities.
The audit, be it statutory (for limited companies) or voluntary, provides
an excellent opportunity to review the development of your business and
identify potential weaknesses in your financial management, reporting
systems, internal controls or any other areas.
The information generated by the reporting process is an excellent basis
for constructive advice. We highlight this advice in our summary of recommendations
on completion of the audit.
We ensure that audit work is completed as efficiently as possible without
disrupting our clients' day-to-day operations.
We would be delighted to review with you your requirements and provide
a fixed fee quotation. Call us for more information on 0800 3588296.
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