| Companies Audit The audit is primarily an independent report to your shareholders about the company's profitability and state of affairs. Unless you operate in a regulated sector you will not need a statutory registered audit until your company's turnover is over £5.8m. However under Auditing Guidelines we are unable to audit your accounts if we provide non-audit services to you, if you do not have informed management. If your turnover is under £5.8m we are also able to provide a voluntary audit of your accounts if required. The key features of our audit approach are to: Develop an in-depth understanding of your business and the commercial environment in which it operates. This ensures that our audit is relevant and practical. Communicate regularly with your financial managers. This two-way flow of information keeps us up-to-date with developments in your business and helps you understand our work. Provide a responsive and cost-effective service delivered to the highest professional standards. If you would like to find out more about any of the above, or to arrange a free initial consultation, please contact Laurie Powell on 01252 320446.
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