Auditing Services in the United Kingdom
Select the Services that you require for United Kingdom Auditing Services
Select the Services that you require for United Kingdom Auditing Services
To determine whether a company has been keeping a fair and accurate account of its financial transactions, audits are done. Auditors will review and analyse a company’s financial records as well as other areas. Financial audits, especially those of a statutory nature, are a legal requirement in the United Kingdom. Read more
All audits facilitate auditors in forming professional opinions about the financials and internal systems of a company. This helps owners, stakeholders, and shareholders to better understand a business and derive performance-enhancing value. As opposed to statutory audits, non-statutory audits are not a legal requirement. Read more
Tax auditing is an examination of the status of tax obligations and returns. All individuals and corporations are required by law to pay a variety of taxes. However, not all tax is paid on time or correctly. The United Kingdom’s tax authorities are getting serious about tax evasions and fraud. Read more
In the United Kingdom, Value Added Tax (VAT) can only be charged by VAT-registered businesses. VAT officers from HMRC, the UK’s tax authority, can at any time inspect your VAT records. To ensure that you are paying or reclaiming the right amount of VAT, it is advisable to engage some professional help. Read more
To ensure that your business is performing at optimal levels, it is necessary to perform an internal audit. These are done independently and assess a company’s governance and risk management activities. Internal audits also provide assurances on a company’s internal control processes. Read more
Generally, audits are scrutiny of a business’ financial statements and record to ensure that they present a true and fair view of the accounts. Social audits, on the other hand, extend the scrutiny to encompass all aspects of social responsibility. Read more
Group audits are an area of financial accounting practices that requires juggling multiple components to arrive at a consolidation. It is certainly not for the faint-hearted and is a real challenge that requires cross-border teamwork in most cases. Read more