Audit and assurance

What we cover

• Statutory and annual audits
• Internal audit and control reviews
• Due diligence before an acquisition or investment
• Forensic reviews when something looks wrong
• Special purpose and agreed upon procedures reports
• Audit readiness support before year end

Who needs this

Companies that need audited accounts for a regulator, bank, investor or licence renewal, and owners who want an independent check on their own controls.

How the work runs

1. Scope and risk discussion with management

2. Planning, document requests and timetable

3. Fieldwork testing records, balances and controls

4. Findings meeting, report and signed opinion

What you receive

• Signed audit report with financial statements
• Management letter listing control weaknesses and fixes
• A short summary of issues for owners and directors

Documents we will ask for

• Trial balance and general ledger
• Bank statements and reconciliations
• Sales and purchase invoices
• Payroll records and contracts
• Loan, lease and shareholder agreements

Mistakes we help you avoid

• Waiting until the licence renewal deadline to start
• Handing over books with unreconciled bank accounts
• Treating the audit as a formality instead of a control check

Questions