Innovate UK, part of UK Research and Innovation, is a public body funded by grant aid from the UK government.
Audit
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 audit...
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...
What is the Value of an Audit?
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.
What is assurance and what are the benefits?
An assurance assignment is an independent and professional service involving a review of a business’ financial procedures
See how we can help you...
We believe in being involved with the local business community and that is why we network extensively, host regular business seminars, write blogs and have many trusted, professional contacts