Audit Archives | Plus Accounting

Audit of Less Complex Entities – what does this mean for auditors?

According to the International Auditing and Assurance Standards Board (IAASB) “Worldwide, small- and medium-sized entities account for more than 90% of businesses and more than 50% of employment”

Does my subsidiary require an audit?

Due to company law changes brought about by Brexit, it is worth noting that a previous audit exemption that was available to the UK subsidiary of an EEA parent company is no longer available for accounting periods commencing on 1 January 2021.

Does my business have to be audited?

Does your company need an audit? What is involved? We answer all of this and more to give you an idea of what an audit means to your business

Do you require an Innovate UK Independent Accountants Report?

Innovate UK, part of UK Research and Innovation, is a public body funded by grant aid from the UK government.

Have you received a grant that requires an audit?

Chris looks at the areas to consider and the information you require if you receive 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...