Registered Auditors in Brighton
As chartered accountants and registered auditors, our experienced audit and assurance team enables us to provide high-quality audit services to a wide range of our largest company clients. The audit and assurance team also undertakes audits for other accountants who are not registered to carry out audits themselves or where a high degree of independence is required.
The auditing process itself is fairly lengthy. If you’re not expecting to have one, it can also cause undue stress. But things can become much smoother with our audit and assurance services.
We know what the auditor will look for, and can help you prepare. From the opening of the audit all the way to the findings report, we can support you every step of the way.
Do you need an audit?
There may be circumstances in which you need an audit if you don’t qualify for the statutory audit exemption or if new investors have included an audit requirement in their funding agreements.
Alternatively, as a business owner, you might value the independent examination of your accounts and financial processes that an audit will provide.
From 1 January 2016, your company may qualify for an audit exemption if it meets at least two of the following criteria:
-
- An annual turnover of no more than £10.2M
Gross assets worth no more than £5.1M - An average of 50 or fewer employees
- If you do qualify for an audit exemption, you may wish to consider the alternative option of an assurance report.
- An annual turnover of no more than £10.2M
How we help
The objective of an audit or assurance report is to increase the readers’ confidence of the financial statements, whether they are the directors, shareholders, funders, suppliers or customers.
If your company or organisation currently requires an audit, or you are likely to require one as your company grows, we have the experience and resources to provide you with a cost-effective service.
If you don’t require an audit but are interested in the benefits of an assurance report, we will explain how this might help you and provide a competitively priced quotation to undertake the work.
Don’t let an audit cast a gloomy shadow over your head. We’re here to help you and your company through the process in any way we can.
Please note our registered name for audit purposes is Feist Hedgethorne Limited, and we are listed as this entity on the ICAEW list of registered auditors. Plus Accounting is the company’s trading name.
Further information
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.
Want to learn more?
Get in touch with our in house expert Chris Morey to see how we can help.
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