Audit & Assurance

Statutory audits

An independent review of your company’s financial statements to ensure they give a true and fair picture of its financial performance and position, in line with accounting standards.

Our audit process includes examining financial records, testing transactions, assessing internal controls, and providing an opinion on whether the accounts are free from material misstatement, whether caused by error or fraud.

Why an audit matters, even if not legally required:

• Enhances the credibility of your financial statements
• Strengthens internal systems and controls
• Highlights risks and helps prevent fraud
• Increases business value and investor confidence
• Often required by lenders

Assurance review

A limited-scope independent review of a company’s financial statements, designed to provide limited assurance that the accounts are plausible and free from obvious errors or misstatements.

An assurance review can be a valuable alternative to a full audit for:

• Small and medium-sized companies that want external oversight without the cost of a statutory audit
• Owner-managed businesses seeking additional credibility for stakeholders or investors
• Charities and not-for-profits needing greater transparency but not meeting audit thresholds
• Growing businesses looking to strengthen financial reporting as they scale
• Companies seeking finance where lenders or investors want added comfort on the reliability of the accounts

Internal controls review

An independent assessment of your company’s financial and operational processes to determine whether systems, policies, and procedures are effectively designed and working as intended.

Typical focus areas include:

• Segregation of duties
• Authorisation and approval processes
• Accuracy of financial reporting
• IT and data security controls
• Compliance with internal policies and external regulations

By undertaking an internal controls review, businesses can identify weaknesses, reduce the risk of error or fraud, strengthen governance, and improve overall efficiency.