Our Services

Audit and Business Assurance

Audits

Many SME's see Audits as an unnecessary overhead but they can actually provide a valuable annual health check for company directors.

We are Registered Auditors and in order to obtain and retain this registration, we have to demonstrate our on-going commitment to exacting quality and technical standards. The audits we prepare adhere to all professional standards issued by the Auditing Standards Board, the Financial Reporting Council and the Institute of Chartered Accountants in England and Wales.

Details about our audit registration can be viewed at www.auditregister.org.uk, under reference number C002585789.

 

Audits provide a cornerstone to financial reporting. They furnish valuable and reliable information to banks, tax authorities and others who desire to make financial decisions.

In order to perform effective audits, we not only audit our clients' financial records, but we become familiar with our clients' operations, the industries in which they operate and the economic events which have impacted upon their businesses.

 

Business Assurance

Annual Accounts

Whilst annual accounts are required to meet your business’ statutory obligations, if they are prepared in a timely and economical way, they can also provide valuable information for decision making.

By actively managing the timing of the accounts production process we ensure that you meet your statutory responsibilities and through this information, you can take advantage of early tax planning opportunities.

Management accounts

Up to date and current financial information is often key to the smooth running of your business. We offer monthly or quarterly management accounts to businesses where it is impracticable to generate these valuable reports in-house.

In addition we can assist you to get the best from your existing in-house accounting solutions to aid management reporting. This would include the production of bespoke reports in order to avoid data re-keying, the tailoring of standard reports to suit your needs and training. Our team has extensive knowledge of Sage, QuickBooks and many other packages.

If you wish to know more about our Audit and Business Assurance service or would like to arrange a free initial meeting in order to discuss how we can help you in more detail please contact us.

Key Contacts:-



Business Risk and Advisory Services

Every business is faced with strategic, financial, operational and technological challenges.  We offer a range of services to help you identify and manage risk as well as improve business performance.

The services we offer are:

 

Risk Management

We can review existing processes and controls with a view to recommending options for improvements.

 

Management Information Systems

We can help clients create and build integrated management information and reporting systems, whether for individual company management reporting, or group reporting purposes.

 

Business Modelling

Where you wish to evaluate the financial impact of alternative strategic or financing options to resolve operational or financial issues, we can provide expertise in helping you:

  1. Build relevant business models
  2. Prepare budgets and financial forecasts

 

Viability Reviews

We can carry out Viability Reviews to provide essential information to the following:-

  • The company - Where it is underperforming, or in crisis, we will initiate an immediate review of its financial performance, operating dynamics, and management issues
  • A prospective investor/banker – identify current security risks and consider whether the continuance of lending or advancing further funding
  • Trustees of pension funds -  advise on the ability to repay a pension fund deficit within the constraints of the Pension Regulator

The benefits of such a review are to provide information in which to gain valuable intelligence in respect of the following areas:-

  • Asset security
  • Risk management
  • Business continuity
  • Crisis management

Our initial objective is to prepare a review identifying and assessing problem arrears and developing a range of viable solutions in partnership with management, together with their implementation.

Key Contacts:-

Norman Cowan
Bee Lean Chew