Audit
When clients say that they want an audit, quite often they mean an accurate set of accounts at the year-end.
For larger more complicated clients, audits can be very specific and include:
- Statutory audit under the Companies Act
- Charity audits
- Audit of specific transactions including litigation support
- UK Government grants
- Bank covenants often support loans
- Solicitors Accounts Rules audit complying with the Solicitors Regulation Authority (SRA)
- Audits under the Financial Conduct Authority rules. These can be below the Companies Act audit threshold, so FCA-regulated companies and their advisors need to be aware
- Other regulated audit work