For most companies, having an audit means someone coming in and reviewing a set of accounts they do not fully understand. A necessary evil that must be endured. We believe that it does not have to be this way.
The primary objective of an audit is to provide an independent opinion on your annual financial statements. It is viewed by many as an unnecessary burden – but undertaking an audit can often lead to significant benefits for a business if approached in the right way.
Our Audit Approach
Our audit approach provides assurance on your business controls and ultimately, satisfies regulatory requirements. However, it is more than just a basic compliance service. Providing audits and adding value are not usually viewed together. We do not subscribe to this theory. The very nature of the audit process means we gain a detailed knowledge and understanding of your business at numerous levels. As such, we can quickly identify business risks as well as any areas for potential improvement. As all our audits are partner-led, everything we learn is fed back to the client for the benefit of their business. All our key audit team members are easily accessible to our clients.
An annual audit is a statutory requirement for certain limited companies. We endeavour to add value to this function by providing you with additional information crucial to your business such as:
- Examination of business procedures
- Identification of strengths and weaknesses
- Analysis of business systems
- Auditing of regulated businesses and charities
- Law Society compliance
- Advice on best financial practice
- Statutory Audit of Limited Companies
- Audit of Grant Claims for State Agencies (Capital & Revenue)
- Financial Regulator Compliance (e.g. Insurance Brokers)
- Internal Audit Services
- Credit Unions
- Friendly & Provident Societies
- Clubs & Societies
- Independent Audit Assignments
- Due Diligence