External Audits
Working with you through every step of the process
Audits from Folkes Worton
Financial statements are a critical tool for businesses of all sizes. They provide valuable insights into a company’s financial health, performance, and future potential.
However, to be truly useful, financial statements must be accurate and reliable. That’s where our audit services come in.
What We Offer:
We offer a range of audit services to help ensure the accuracy and reliability of your financial statements. Our services include:
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Financial Statements Audit
We will review your financial statements and provide an independent assessment of their accuracy and completeness.
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Internal Control Review
We will evaluate the effectiveness of your internal controls and provide recommendations for improvement.
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Fraud Detection And Prevention
We will identify potential fraud risks and implement controls to prevent them.
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Compliance Testing
We will ensure that your financial statements comply with all relevant laws and regulations.
Why Choose Us?
Expertise
Our partner led team of experienced and qualified auditors has extensive knowledge and expertise in financial statements audit. We can integrate and work alongside most mainstream financial systems minimising time invested by Management and taking the stress out of the audit process.
Client Focus
The team assigned to your audit will be maintained over the term of our engagement, minimising the amounts of time you are required to allocate to the audit assignment. We are dedicated to building strong relationships with our clients, based on trust and open communication. Our goal is to help you achieve your business objectives through our audit services.
Technology
We use the latest technology to ensure efficient and effective audits, so you can get the results you need in a timely manner. Our audits are planned around your reporting timetable.
Is Audit Right For You?
Accurate and reliable financial statements are essential for the success of any business. By choosing our audit services, you can be confident that your financial statements are accurate and reliable, giving you the information you need to make informed decisions and achieve your business goals.
Specialist Sectors
We work with many clients in a wide range of sectors including
– Construction
– Manufacturing
– Energy
– Charities
– Education
Specialist Services
– Statutory audit
– Shareholders voluntary audit
– Audits under solicitor accounts rules
– Audits of Schools and Academies
– Audits of Charitable organisations and Trusts
– Specified audit engagements regulated by ATOL & the FCA
If your business matches 2 of the following 3 criteria, you will require an Audit by law:
- Turnover exceeds £10.2m
- Total Assets over £5.1m
- 50 or more (as an average) Employees
Some businesses elect to have a voluntary audit as it provides a company with financial information that evaluates the business’s performance and can add credibility to a business’s financial position as well as giving shareholders and investors assurance on the business.
Not necessarily. Some subsidiaries can be exempt from Audit if they meet certain criteria and a parent company guarantee is provided. If you think this may apply to you, please get in touch to discuss your specific requirements.
Contact us today to learn more about how we can help you.
“I am so appreciative of the fact that you agreed to take me on as a new client at such short notice and fit in my year-end financials as my existing accountant retired without letting me know. I am super impressed with the very high standard and thoroughness of your and your team’s work. The work was delivered in a very short period of time and it is very clear to see that it was done with great attention to detail. Please send on my appreciation to everyone involved in getting this done so timely and efficiently.”
Michael de Groot – Staying Alive UK