Audit and Assurance

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Some businesses need a statutory audit because of their size or industry, whereas others want the peace of mind that comes from outside assurance. We offer a full range of services to give you the right level of support.

Accountant's Report

This standard report gives the most basic level of assurance. It shows that the accounts are presented in accordance with relevant legislation and are prepared by an external firm. However, it gives no assurance over the figures in the financial statements.

Assurance Review

An Assurance Review sits between a full audit and an Accountant's Report. The scope of an Assurance Review does not include verification procedures as in a full audit, but does include:

  • discussions with management about the accounting treatment of key items
  • detailed analytical review of results and balance sheet
  • consideration of the appropriateness of the accounting policies and their application

The scope doesn't allow the reviewer to give an opinion on whether the accounts give a true and fair view. Instead, the report notes whether anything has come to the reviewer’s attention that suggests the accounts are not true and fair. This is known as “negative assurance”.

More details on limited assurance reviews can be found on the ICAEW’s website.

Agreed-upon procedures

As an alternative, we can work with to agree a specific set of procedures for us to perform.

Audit

  • We pride ourselves on how we perform our work, and we will ensure that we are timely, efficient and provide you with excellent standards of client care.
  • We use a paperless audit system which ensures maximum efficiency and keeps the price competitive
  • We use a risk-based and tailored audit approach, focusing on the key issues in your business. From this we can identify ways to improve your financial reporting systems
  • From our strong relationship and understanding of your business, we will provide you with proactive advice and assistance as your business develops

We are registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants for England and Wales. Details of our audit registration can be viewed at www.auditregister.org.uk for the United Kingdom and www.cro.ie/auditors for Ireland, under reference number C001386037.

Contact us to discuss which service would suit your business.

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