Audit

An audit is a statutory obligation for certain limited liability companies and partnerships, and for many charities. Whether you require an audit depends on your turnover or total assets and the exemption levels change from time to time. It may be that your constitution requires you to have an audit whether or not you exceed the exemption levels.

While an audit may be a statutory obligation, it can bring positive benefits to your business in the form of: -

• Reassurance to shareholders, funders and other stakeholders – including banks or other lenders.
• Support for raising finance, making grant applications etc.
• Provision of a valuable ‘health check’.
• Evidence of the value of a business in the event of a disposal or share transfer.

In addition to statutory audits, we can prepare reports for banks and grant providers. We also carry out forms of due diligence and can supply an expert witness service.

In This Section

• Services
• Charities & Trusts
• Pension Schemes