Seymour Taylor Chartered Accountants, High Wycombe, Buckinghamshire

01494 552100

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Audit Procedures

We work with our clients’ management to resolve any audit issues, with the aim of working towards providing an unqualified opinion, which is commonly seen as an endorsement to the company’s credibility and financial security.

Although we do not owe third parties a duty of care, we are aware that reliance is placed on our audit report and we work hard to provide a transparent statement on the truth and fairness of the company’s financial statements.

The larger audits start with a planning visit. Here the audit is discussed and its production assessed. This meeting will be at the client’s premises and will usually be held with the Finance Director or Financial Controller, or the owner/manager in smaller businesses.

All other audits are planned in-house using information supplied by the client.

In addition to this planning visit, audit field visits are arranged, where our team of auditors carries out agreed work at the client’s premises.

After our auditing process is complete, we discuss our findings with the client. If any issues have arisen, especially if the report should carry a qualification from us regarding the accounts, we work with the client to resolve these areas of concern and find solutions to the problems we have highlighted.

Audit Procedures

 

   

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