Audit and Assurance
Companies
The audit is primarily an independent report to your shareholders about the company’s profitability and state of affairs, but Price Mann & Co believe it has many more uses.
The key features of our audit approach are:
- To develop an in-depth understanding of your business and commercial environment in which it operates so that our audit is relevant and practical.
- Use of modern computerised audit techniques designed to assess risk, and focus our work on key areas of the financial statements.
- Regular communication with your financial management so that you understand our work and we are aware of developments in your business.
- Provision of a responsive, innovative and cost effective service delivered to the highest professional standards.
Charities
Regulation has greatly increased in recent years and accounts have to be produced in standard formats. The Government’s Charities Act legislation and the charity Commissioners guidance have to be followed and changes are ongoing. Audit or review needs can vary with the size and type of charity, and trustees have to be seen to be ‘doing the right thing’.
Key questions for trustees:
- Do you need an Auditor or an Independent Examiner?
- Are you aware of current legislation?
- What are the Tax and VAT pitfalls to avoid?
- What accounting records should you keep?
- What do you need in the annual Trustees Report?
- Would you like the comfort of Price Mann experience?
Get in touch with us and we can talk things through!
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