Audit and Assurance

• The audit profession is subject to strict oversight, which has been continuously reinforced over the last few years to preserve financial security and improve the quality of financial reporting.

We understand that the most important decisions are the ones that our clients have yet to make. Our clients require the satisfaction of a robust challenge, at the right time, properly planned and executed with the highest level of quality in work supporting our audit opinion and expect the audit to add increasing value to their business. As such, we believe the statutory audit should be viewed as an opportunity, not an overhead.

Whether you report under the UK Generally Accepted Accounting Practice (UK GAAP) or International Financial Reporting Standards (IFRS), our assurance service is more than a formality – it’s a necessity to protect your business. Our audit approach, methodology, and supporting technologies are considered benchmarks within our profession. In addition, our talent strategy sets high standards of behavior and gears people toward delivering quality results.

The International Financial Reporting Standards (IFRS) are accounting standards developed by the International Accounting Standards Board (IASB), an independent not-for-profit organization. The IFRS provide a global framework for how public companies prepare and disclose their financial statements, giving general guidance for preparing financial statements rather than setting rules for industry-specific reporting.

Adopting a single set of worldwide standards simplifies accounting procedures by allowing one reporting language throughout. A single standard also provides investors and auditors with a cohesive view of finances.

Our financial reporting advisory team can guide you through this framework to ensure you are compliant and meet the international standards required; this is especially useful for large companies with subsidiaries in multiple countries.

Internal Audit Services & Risk Assurance

Can you demonstrate your business has the right controls and safeguards in place in case something goes wrong?

It’s becoming an important aspect of doing business in both the public and private sector, and we find more and more businesses investing in internal audits.

Whether you are looking to outsource your internal audit function completely or need to build on the skills of your current internal auditors, our specialist team can help. We start by assessing your audit needs, considering the nature, size, and complexity of your business. From there, we tailor our services and develop a strategy to suit your needs. We won’t abandon you once it’s up and running; we will continually assess, monitor, and benchmark against other best practice approaches and suggest ongoing improvements.