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Are you busy running your business? Then let us worry about the bookkeeping, accounting, payroll and company administration functions. Why not subcontract these services to us at a set monthly fee and release your time for those things you have to do?
We are registered auditors and can carry out either statutory or voluntary audits. We also audit solicitors under the solicitors accounts rule.
Voluntary audits can be necessary in certain circumstances, for example to comply with a lenders or creditors requirements. Public bodies also often ask for 3 years audited accounts for tendering organisations. An audit can also help businesses identify strengths and weaknesses in their system of financial and management controls. Contact Alok Mitra to discuss whether your business needs an audit.
Voluntary audits can be necessary in certain circumstances, for example to comply with a lenders or creditors requirements. Public bodies also often ask for 3 years audited accounts for tendering organisations. An audit can also help businesses identify strengths and weaknesses in their system of financial and management controls. Contact Alok Mitra to discuss whether your business needs an audit.
Audit Exemption
Most trading companies will be audit exempt provided that turnover is NOT over £5.6 million; And total assets do not exceed £2.8 million. For charities, turnover must not exceed £250k in the current year or either of the two preceding years for audit exemption to apply.
Most trading companies will be audit exempt provided that turnover is NOT over £5.6 million; And total assets do not exceed £2.8 million. For charities, turnover must not exceed £250k in the current year or either of the two preceding years for audit exemption to apply.
