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Assurance

Providing assurance you need
With transparency, reliability & independence.

Audits provide assurance to stakeholders

Most small and medium businesses are run by a small board of directors or a management team on behalf of the shareholders who can be remote with little involvement in the day to day operations of the business. An independent review of the financial statements by an 'independent external auditor' can provide transparency and visibility to the shareholders that the company is being run within their best interests and can highlight any issues that have occurred which may not have been brought to their attention. The audit provides them the much needed assurance that all's well with their business.

An external audit provides credibility

Having your financial statements verified by an external auditor can lead to more credibility in the business marketplace than those that have not. Should you be seeking to raise finance or sell your business in the future, providing audited accounts gives security that your accounts are free from material error or malpractice, making you more likely to be successful in achieving your goals. So, even if you ae not required to mandatory get your accounts audited, it is preferable to opt for voluntary audit, which lends more credibility to your business

Auditors are well placed to also provide sound general business advice

The work performed as part of an audit does give us an understanding of how a company and financial reporting function. This means an auditor may be able to identify issues related to internal controls, processes, inefficiencies, cash flows problems as well as company and industry trends. As a result, the work performed during an audit puts an auditor in the best position to provide clients with general business advice based on the insights gained during the engagement.

Audit can be a proactive way to reduce risk and drive forward business strategy

Our pragmatic, hands-on approach can help improve your business performance. Use the understanding and insight gained from the audit as a basis for developing strategies to drive your business forward. Reduce risk and improve your organisational performance by challenging existing assumptions and practices. Secure peace of mind from knowing that your statutory obligations are met, accounts are true and potential problems have been identified early on.

An audit improves internal systems and controls, while improving business process

As auditors, we do not just focus on the numbers but will gain an understanding of the overall systems and controls environment of the business. This will enable us to identify deficiencies in the accounting systems or controls for which recommendations can be made, making your business more efficient and less prone to fraud or error. Our findings can help you streamline important business processes, making it more effective and efficient, leading to direct business gains

 
     
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