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...
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...
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.