Audit and reporting are important not only to ensure your organisation meets its regulatory obligations, but also to build confidence internally and among key stakeholders. Wise & Co can guide you through all aspects of the auditing process and advise on the best ways to present and interpret information that offers you greater insight into your business while making it compliant.
While many organisations have a statutory obligation to conduct an annual audit, the process can also bring clear benefits to businesses that fall below the threshold. Whatever your situation, we will ensure that your financial statements are prepared in compliance with the latest accounting standards.
As well as businesses, our audit clients include charities, clubs, associations and pension schemes.
Thanks to higher requirement thresholds, there are many organisations that no longer need to conduct a full audit but who still need to bring confidence and integrity to their financial statements. An assurance review is a good alternative and one that spares firms the cost and time of a full audit.
Business owners benefit from having a professional accountant make sure everything is in order and to investigate anything highlighted by the added scrutiny. There is also reassurance for firms that don’t have an experienced finance team in-house.
An assurance report is also valuable for organisations with a high public profile or those that are looking to demonstrate thorough and robust accounts to lenders or investors.
At Wise & Co we take a close look at the reasons for considering an assurance review, making sure the approach taken fits with your objectives. You can choose to focus on specific and different areas of your business each year, giving tangible value.
To find out more about our services or to arrange a free consultation please contact us on 01252 711244