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
Your shareholders do not agree to opt out of audit.