Year-End Accounts

Institutes ACCA AAT ICAEA

Year-End Accounts and Financial Statements

We will prepare your accounts from your books and records. See below for our Audit, Just-the-facts, and Almost-an-audit services.

 

Audit and Assurance Services

Businesses require a great deal more from their auditors than the statutory audit and look for a value added service. We believe the ingredients of such a service will consist of: -

· An interest in your business and its success

· Gaining a thorough understanding of your business

· Input from partners and senior staff

· A 'team' approach to the work

· Continuity of staffing

· Provision of a value for money service


Do you really need an audit?

Companies with a turnover greater than £5.6m are required to have an audit. If your company (or group of companies) is smaller than this you may not need one, by law.

If you do not need one by law, you may choose to have one. The advantages of having an audit include the reduction in the risk of fraud and error and preferential service from Banks when looking to borrow from them. It also helps us to identify opportunities for you to improve efficiency and save money, because we are looking closer into your business.

This, linked into our business consultancy services, regularly saves our clients so much money that we effectively don’t cost them a penny.

Click here to view our standard auditors’ report.

 

Is there an alternative?

Yes – there are 2 alternatives: Just-the-facts, and Almost-an-audit.

Just-the-facts
We can prepare your financial statements (plus Abbreviated Accounts to file at Companies House) without undertaking an audit.

If you are confident that your books are right, and that you have sufficient controls in place to deter and/ or identify fraud and error, all you need is Just-the-facts. Banks place significant reliance upon an accountants’ report signed off by a reputable firm of Chartered Accountants like Burrow & Crowe.

Click here to view our standard Just-the-facts accountants’ report.

Almost-an-audit
If you are only fairly confident that your books are right, and that you would like us to test your controls, you need Almost-an-audit. We select appropriate audit tests to provide your required level of assurance, and report our findings to you. Your accounts will have our standard Just-the-facts accountants’ report, you will have added confidence over the accuracy of your books, and we are able to identify opportunities for you to improve efficiency and save money, because we are looking closer into your business, without the cost of a full audit.

 

Please contact Jon Crossley if you would like advice on whether you really need an audit or need advice on year end accounts.

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Year-End Accounts | Copyright © 2008 Burrow & Crowe Chartered Accountants