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Business: Auditing

Audit Requirements

Entities are required by law to have an audit of their financial statements where they meet certain criteria such as their size or being of public interest. This applies whether they are limited companies, limited liability partnerships or charities. In addition, there are other reasons why an audit may be required including the requirements of finance providers or shareholders agreements.

In the UK, audits are carried out in accordance with International Standards on Auditing (UK and Ireland) and UK companies are required to prepare their financial statements either under UK GAAP or International Financial Reporting Standards.

How Seymour Taylor can help

Your audit will be managed by a Director or Associate Director in our High Wycombe office. Our experience ensures that attention to detail and a trusted approach are always given and are considered to be of the utmost importance. We are experienced in providing audit services to many different businesses. We offer an efficient and effective service by building client relationships and obtaining a full understanding of our clients' operations. As a result we are able to ensure that clients will meet their statutory requirements for the completion and filing of audited financial statements.

Benefits of our service

As a result of our audit work, we can assist you with identifying potential areas for improvement of your business, may it be implementing strategies or enhancement upon business operations.

Where a UK company is part of an international group, through our membership of the MGI worldwide alliance, there is the cost effective availability of over 160 overseas auditing firms who liaise with us to provide effective and professional services for the whole client group.

To see how we can help your company with its Auditing requirements, please email Tim Fulker - Director of Audits and Accounts or call 01494 552 145 for our High Wycombe Audit office.

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