Currently all businesses with an annual turnover of over £5.6 million are required to have a company accounts audit. However there are many other reasons to have your limited accounts audited, even if you fall below the threshold. These include
- It provides an external check on internal accounting and provides additional assurance to interested parties including shareholders and banks.
- It can be a means of identifying internal weaknesses, thus enabling the implementation of new systems to increase profitability.
As a registered auditor we can provide the following services: