For Business
Audit & Assurance
Whether you’re above or below the audit threshold, our high-quality services can provide you with expert knowledge and dependable insights that will benefit your business’ decision making.
We get to know you and your business personally, so that we can provide clear, pragmatic advice and commercial, forward-thinking recommendations you can act on.
By building long-term, constructive relationships with you, we make your experience of audit a positive one.
Working together
We were one of the first accounting firms to use computers back in the 1960s and we keep ourselves ahead of the game.
Although we’re always looking to exploit the latest technology in audit and assurance – including AI – we never forget that what makes us stand out is the effort we make to get to know you and your business personally, so that we can provide clear, pragmatic, understandable advice that you can act on. By building long-term, constructive relationships with you we make your experience of audit a positive one, and provide commercial, forward-thinking recommendations to support your business.
How can we help you?
We have a huge amount of experience in the specialised area of audit. We understand the delicate balance between meeting our compliance objectives and providing you with an efficient service. The key features of our audit approach are:
- an audit tailored to suit the business;
- technically strong and friendly people;
- a risk-based approach;
- a timetable to meet specific Board deadlines;
- clear communication from start to finish; and
- constructive feedback, recommendations and ongoing support throughout the year.
Your business is unique, and we have the people who understand your audit requirements. We specialise in providing audit services to:
- Large corporates
- Medium-sized corporates
- Small-sized corporates
- AIM listed companies and similar
- Subsidiaries of overseas companies
- Subsidiaries with group reporting requirements
- Owner-managed businesses
- Pension schemes
- Charities and not-for-profit entities
- Education
FAQs
* These thresholds are however expected to change. Please read our article here and contact us for further support.
You will generally require an audit if:
- your company or group has a turnover greater than £10.2 million and gross assets above £5.1 million* or;
- your company is a subsidiary of an overseas company.
However, if you are a charity registered solely in England & Wales with gross income over £1m, or both your gross assets exceed £3.26m and gross income exceeds £250,000, an audit will be required.
*These thresholds are however expected to change. Please read our article here and contact us for further support.
We can help you understand the impact of the latest changes coming into the financial standards.
Please read our article here and do reach out to us for further support.
Companies below the audit threshold may undertake an audit if:
- It is a requirement of the bank or other lenders
- It is a requirement of external stakeholders
- An audit is written into the company’s articles of association
If you have overseas subsidiaries, we can work in a professional and responsive manner with your overseas auditors and accountants. Alternatively, our links with HLB International enable us to give you access to overseas firms, to complete the process for you.
Charities with a gross income over £1million, or those with both gross assets exceeding £3.26million and gross income exceeding £250,000, require an audit. You will need a charity independent examination, once your annual income reaches £25,000 pa. This applies to charities registered solely in England & Wales. If you are a ‘cross border’ charity, registered in Scotland as well as England & Wales, there are different thresholds that apply.
We offer intelligent and focused audit solutions for all types and sizes of charity.
We have experience in providing accountant’s reports on grant claims for many different bodies, including:
- European Union;
- Local government bodies; and
- Technology Strategy Board
Find out more about grant claims including Independent Accountant’s Reports (IARs) here.