The requirement for limited companies to undertake a statutory audit in accordance with the Companies Act legislation has reduced over the years as successive minimum threshold limits have increased. This has resulted in many firms of accountants dropping their audit authorisation altogether. Newer, less experienced practitioners, may not be able to obtain authorisation at all, as minimum technical and experience levels are required.
We are authorised by the Institute of Chartered Accountants in England & Wales. This authorisation requires us to undertake regular Quality Assurance visits to ensure we maintain high professional standards.
Our main work in this field are full statutory audits of limited companies and charitable organisations. We can also undertake slightly less onerous Independent Examinations, if required and if the entity qualifies for this lighter touch.
This is one area of our work where, unfortunately, we are unable to offer a fixed price service as to do so is considered to restrict our impartiality. We can however, provide an assessment of cost before agreeing to any assignment.
If you would like more information or would like to speak to us direct then call us on 01761 410444. Or if you would prefer, click here to contact us.