Company audits shouldn’t be a cause for concern, they’re actually carried out to ensure you’re ticking all the right boxes.
By undergoing an audit, you are able to find out if there are any issues in your company’s structure, ones you may have missed before.
That being said, undergoing an audit can be stressful, so it can help to find a trusted accounting team to help you prepare.
Our team at Sullivans will help you get ready for your audit to help it run as smoothly as possible.
Your audit will provide you with pictures of your company’s financial standing. It will also flag any errors and discrepancies. They are also mandatory for larger organisations, ensuring your working practices adhere to the correct compliance standards.
We’ll work behind the scenes and gather much of the information needed for your audit, saving you the time and hassle of doing it yourself.
Though business owners traditionally regard the annual audit and preparation of annual accounts as a cost centre – a necessary evil that adds no value to the business – we strive to transform it into a profit centre.
Once you have your audit report, we can help you implement any potential changes and also keep you up to date with any future changes in legislation and financial reporting standards. Trust us to keep you ahead of the game.
Important Information: For audit-related services, Sullivans Chartered Accountants will assist you to appoint a 3rd party registered auditor who we closely work with. Audit-related services will be conducted under a separate engagement with the 3rd party alliance who is registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales. Details about audit registration can be viewed at www.auditregister.org.uk for the UK.
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