Audit And Assurance
Accounts Audits in Chesterfield.
Our audits provide credibility, play an important part in fraud prevention and provide valuable insights on a whole range of matters.
Our audits provide assurance by giving increased confidence regarding:
- The reported figures;
- The general financial position of the business;
- The financial basis for making decisions;
- The reliability of the accounting system and the information it produces; and the early identification of trends that could lead to future failure.
The more credible financial information is, the more useful it is.
Adding an audit report to a set of accounts increases their credibility and will help in dealings with:
- Banks and other lenders;
- Hire purchase and leasing companies;
- Suppliers of goods and services; and HMRC.
A track record of credible financial information could be a significant advantage in the future for finance raising or when selling the business.
Whilst the audit is not intended or designed to detect all fraud it is an important tool in helping its prevention.
Our audit will:
- Act as a deterrent to the potential fraudster;
- Generally detect fraud which has a significant effect on the accounts; and
- Provide positive advice where controls/financial systems need to be improved to prevent fraud.
Overall we provide a fresh approach to audit work, delivered by a knowledgeable, personable team. By developing a strong relationship with our clients we provide an exceptional, prompt and responsive service, with a true understanding of their business affairs.
We advise a wide range of clients and their financial stakeholders, from fast growing and established businesses to subsidiaries of foreign public companies competing in global markets. Drawing on our extensive industry knowledge and our deep understanding of regulation and legislation our friendly, professional and efficient team tailor their approach based on developing a sound understanding of your business and the financial risks that face it.
On completion of the audit, we report back to those charged with governance and provide recommendations on a whole range of issues including strengthening internal controls and governance processes, implementing suitable organisational strategies and improving operational efficiency.