Maintaining a strong financial foundation is crucial to achieving long-term success and key to this is keeping your accounts in perfect order. Bookkeeping is more than just a mundane administrative task; it’s a strategic investment in your business’s...
What is an audit? What is an audit? An audit is an official inspection of an organisation’s accounts, which aims to provide an independent opinion on the ‘truth and fairness’ of a set of financial statements. This is important because often those that own the...
Does my company need an audit? Whether your company needs an audit will depend on a number of factors. It’s size, what the articles of association say and if the shareholders ask for one. For audit exemption a company must qualify as small, or have qualified as small...
What is the audit process? The audit process includes procedures to obtain audit evidence to provide the auditor with reasonable assurance that the financial statements are free of material misstatement. An audit will examine the financial records of the entity being...
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