Chris looks at the areas to consider and the information you require if you receive a grant that requires an audit
It is important for auditors to assess the risks of a material misstatement in the financial statements by a technique known as analytical procedures.
We recently spoke with Greg Smith, who has been involved with a number of property development companies in Brighton to understand how Plus Accounting has worked with him over the last few years.
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.
Does my business have to be audited?