An audit consists of an independent comprehensive evaluation of a company’s financial reporting, including an analysis of its books, records, and accounts. The aim of an audit is to verify that a company’s financial statements represent an accurate and fair picture of its financial and operational position both to an internal and external audience.
As an audit ensures accuracy of the financial information held on a company, this consequently allows for decisions to be made which are informed by verifiable facts rather than best guesses or approximations. Not only can this lead to better decisions but it can also instil greater investor confidence during times of change, or provide transparency when finances become pressured.
In a time of ever increasing regulatory complexity, having a trusted and experienced auditor to oversee your company’s financial statements is vital in ensuring your company adheres to its reporting requirements, as well as providing an objective overview of your business.
A good auditor will take time to understand your business and how it operates, paying particular attention to the industry you are working within and the specific challenges or stresses you face as a company or organisation as a result. You should demand a bespoke and tailored service to ensure you get useful and valuable insights into your business and its current performance within the marketplace.
For some companies an audit is a legal requirement, for others it is a valuable exercise in gleaning a complete and independent picture of a company’s financial position. Regardless of the reasons behind you seeking an auditor for your business, trust is absolutely paramount. Each and every accountant listed on Handpicked Accountants has been selected by our panel of experts for their superior levels of knowledge, professionalism, and client service, meaning you can trust our recommendation when seeking to enlist an audit or assurance professional for your company’s affairs.
As well as being able to offer bookkeeping and accountancy services, our network also includes a selection of accountants who are able to provide independent auditing and other assurance services. Call Handpicked Accountants today on 0800 063 9258 for further information.