Audit and Assurance
Ashgates offers a friendly, supportive and timely service that can be tailored to the needs of your business. We bring “big firm” skills and abilities to our audit approach whilst ensuring we continue to focus on high levels of service, and how to add value from the audit process.
Our team of auditors have rounded experience, also being involved in some other accounts and tax work, but have their focus on audit to ensure they have all the specialist skills needed.
Audit and Assurance in more detail
For some businesses an audit is just a legal requirement and may or may not be highly valued. However, we are confident that the right audit process can bring added value. A good audit should give you peace of mind that your systems, processes and procedures are working as you want them to. In addition, our insights from working with so many other businesses allow us to bring some new thoughts, ideas and suggestions for any areas where you have concerns or wish to make changes.
Clear planning, expectations and timescales allow us to work in line with what suits you and your business and ensure the work is completed in a timely, efficient and effective way.
Clear planning, expectations and timescales allow us to work in line with what suits you and your business and ensure the work is completed in a timely, efficient and effective way.
For many businesses where an audit is not legally required there can be significant benefits from the process. Some examples are:
Getting the best price when you come to sell or exit your business
Providing support for funding providers as they will consider audited accounts to be more reliable
Increased credibility with other stakeholders, such as HMRC, credit rating agencies or suppliers
Having your team know that someone is checking things over can prevent them taking risks or cutting corners
Feedback on whether your systems, controls and procedures are working effectively and how they could be improved or developed
A number of our clients that don’t legally require a full audit but want something more than just accounts compilation are now having assurance reports completed.
This is a specific legal framework where we don’t carry out all the normal work of an audit, but do look out for obvious, significant areas of concern during our work in preparing your statutory accounts.
Further details can be provided, so don’t hesitate to speak to us about assurance reports if this may be appropriate for your business.
This is a specific legal framework where we don’t carry out all the normal work of an audit, but do look out for obvious, significant areas of concern during our work in preparing your statutory accounts.
Further details can be provided, so don’t hesitate to speak to us about assurance reports if this may be appropriate for your business.
Having a team of skilled and experienced auditors allows us to deal with any other audit related services that may be relevant.
Certain grants require an audit of the application or the expenditure and we are well placed to deal with the reports required to support our clients in that situation.
We have also provided audit work on specific areas of the accounts in the past. For example, if your company does not legally require an audit but you would like some work carried out on one specific area of the business we are well place to agree some specific tests and procedures.
Systems and process reviews are also an area where we have supported clients. Whether you wish to test the effectiveness of the current systems and controls or design new ones, our team of experienced audit specialists are able to provide expert guidance and support in this area.
Certain grants require an audit of the application or the expenditure and we are well placed to deal with the reports required to support our clients in that situation.
We have also provided audit work on specific areas of the accounts in the past. For example, if your company does not legally require an audit but you would like some work carried out on one specific area of the business we are well place to agree some specific tests and procedures.
Systems and process reviews are also an area where we have supported clients. Whether you wish to test the effectiveness of the current systems and controls or design new ones, our team of experienced audit specialists are able to provide expert guidance and support in this area.