We believe that Audit is a financial control instrument and not just a Statutory requirement. It entails detail examination of a company's accounting systems, and controlling procedures which in turn facilitates full understanding of the business operations, hence a deterrent to fraud. We can offer you a practical and constructive advice through our risk based audit approach and provide recommendations for improvement.
You must have a Statutory audit if:
- Your turnover exceeds £6.5 million; or
- Your gross assets exceed £3.26 million; or
- The company is part of a group that exceeds those limits; or
- You are a Plc or Banking company, e-
money issuer, Authorised Insurance company, ISD Investment firm or UCITS management company, a Company carrying on an insurance market activity, a member of an ineligible group; or - You are required by your professional or trade organisation to have your accounts audited; or
- Your shareholders do not agree to opt out of audit.
Audit and Assurance
