Accounting & Audit
Our accounting and audit procedures are tailored to suit your needs and those of your business.
As with all areas in which we operate, our aim is to ensure that your business derives optimum value in a very practical manner.
We are able to provide and advise on appropriate accounting systems and work with you to ensure that everything runs smoothly and cost-effectively.
Every UK business is required to complete accounts on an annual basis. These accounts are then used to calculate the amount of tax payable, based on profits and other forms of income.
These accounts are also important from an individuals perspective. Not only do they provide you with information about the profitability and stability of your business, they can also help when requesting finance, both personally and for the business.
To prepare accounts, it is important that you have adequate, accurate and complete records detailing the transactions your business makes.
Taxation authorities have certain powers to ensure that tax is collected correctly. Without proper records there may be additional tax to pay.
As we are Registered Auditors, we are able to carry out all statutory, mandatory and other audits.
Companies Act may require your company to undergo an independent audit on its accounts, because your turnover, assets or number of employees are above certain thresholds.
The audit will deliver independent evidence of the integrity of your accounts, providing reassurance to your customers, suppliers, actual or potential investors, banks and other finance providers.
We also conduct other audits, for example internal audits and special purpose audits.
To find out more about how working with us can help you, please contact us.
