Have you received a grant that requires an audit?

Why are Audits important?

Why are Audit’s important? An audit is important as it provides credibility to a set of financial statements and gives the shareholders confidence that the accounts are true and fair. It can also help to improve a company’s internal controls and systems. How are...
Can audit fees be paid in advance?

Can audit fees be paid in advance?

Can audit fees be paid in advance? The timing of the payment of audit fees is agreed between the company and the auditor. Some auditors require part of the audit fee to be paid up front with the rest paid as the audit progresses. Are audit fees tax deductible? Audit...
Have you received a grant that requires an audit?

Can an Audit really add value?

Auditing has recently been the subject of bad press and increased public debate due to both the collapse of Carillion, and the auditors of BHS receiving large fines for misconduct.