Our audit approach is different for every client. In particular we:
We offer the following external audits:
We offer statutory audits to all entities, including all sizes of a private company, Limited Liability Partnerships, and charities of a certain size and criteria which are required by law to have their financial statements audited.
A non-statutory audit is an audit that is not required by law and will be offered to sole traders, partnerships, clubs, and Non-government organizations.
In certain circumstances, we also offer special purpose audits for specific reporting or contractual agreements.
We have extensive experience in understanding, documenting, and testing business control environments. This enables us to provide a service that assists businesses in reviewing, assessing, and establishing systems of control that mitigate the risks they face.
We can examine a wide range of internal control issues, including controls over financial reporting, and business and compliance risks.
We can provide specialist, completely independent advice to senior management to assist them in reviewing and updating their business risk management processes. We have experience in performing this work for both commercial and not-for-profit organizations. In particular, we can provide advice on and/or assist with:
A risk assurance assignment requires an in-depth understanding of an organization’s business and processes, and consequently, it can sit neatly alongside a statutory audit assignment.
Typical outputs of a risk assurance assignment include risk registers and reports to senior management on the risk profile of their business, including practical examples of how risks are mitigated in similar businesses, derived from our extensive experience in this arena.