Audit & Assurance
Independent, expert led assurance that goes beyond basic compliance.
Audits & Assurance
Audit that adds value beyond the opinion
Independent, expert led assurance that goes beyond basic compliance.
An audit should do more than satisfy a legal or regulatory requirement. Our risk based approach focuses on the areas that matter most, delivers practical observations alongside the formal opinion, and gives boards, lenders, and investors well founded confidence in the numbers.
- Risk based audit planning focused on what matters most to the business.
- Senior led fieldwork with clear, direct communication at every stage.
- Practical management letter findings that help improve the business.
Our approach
How we deliver audit and assurance
Risk based planning
We meet with management before fieldwork begins to understand the business, identify the risk areas that matter most and agree a scope that focuses our work where it adds the most value rather than where it is most convenient to audit.
Senior led fieldwork
We conduct fieldwork with senior involvement throughout, test the key areas, respond to findings as they arise and maintain clear communication with management so there are no surprises in the final report.
Audit opinion and management letter
We issue the audit opinion alongside the statutory accounts, produce a management letter with practical observations on internal controls and risks, and discuss the findings directly with the board.
Who this is for
Businesses and individuals that need
01
Companies meeting the statutory audit threshold
UK companies exceeding the size thresholds that require a statutory audit and want an efficient, high quality process with minimal disruption to the finance team.
02
Charities and not for profit organisations
Charities with income over the audit threshold or significant assets where the Charity Commission requires an audit and trustees need clear, well presented assurance on the financial statements.
03
Businesses with voluntary audit requirements
Companies below the statutory threshold that choose to be audited for the benefit of investors, lenders or governance requirements.
Client feedback
“The audit was planned and completed in six weeks without the disruption we had experienced with previous auditors. The management letter contained three genuinely useful observations we acted on immediately.”
Client review Manufacturing group, Hampshire
Common questions
Frequently asked questions
Does my company need a statutory audit?
Small companies meeting at least two of the three size tests turnover below £10.2m, balance sheet below £5.1m, fewer than 50 employees are usually exempt from the statutory audit requirement. Exceptions apply for companies within groups, regulated entities and charities. We confirm the requirement before any audit engagement begins.
How long does an audit take?
Most audits of SMEs are planned and completed within four to eight weeks of fieldwork commencing. Planning typically takes two to four weeks before fieldwork. The total elapsed time from engagement to signed opinion depends on the complexity of the business and the promptness of management responses.
What do auditors actually test?
We test the areas of highest risk revenue recognition, asset valuation, significant estimates, related party transactions and areas where management judgement has the most impact on the financial statements. We use sampling focused on the items that matter to the overall picture, not every transaction.
What is a management letter?
A management letter accompanies the audit opinion and sets out significant deficiencies in internal controls, accounting errors, areas of risk or practical improvements identified during the audit. It is one of the most useful outputs of the audit process. We write management letters that are specific and actionable rather than generic.
Ready to take the next step?
Book an introductory meeting to discuss your audits & assurance needs with a specialist.