Your annual audit may sometimes seem like a time-consuming chore that leaves you questioning its value. But with Fiander Tovell accountants in Southampton, your audit can make a real difference to your business.
Our audits provide an opportunity for you to benefit from a fresh insight, review the health of your financial controls and wider business and to plan improvements. We prepare and discuss recommendations after each audit, to help you ensure that savings are maximised or your accounting systems strengthened.
We also carry out audits cost-effectively, with minimal interruption to your business, and wherever possible use the same staff to provide continuity of service and knowledge.
New audit exemption rules introduced in 2012 mean that thousands more smaller companies now have the freedom to choose whether or not to undergo an audit. While some businesses may choose to take advantage of the audit exemption, there are circumstances in which a voluntary audit in the future is likely to be worthwhile investment.
These could include to satisfy lenders when sourcing funding, to demonstrate credibility to shareholders and other stakeholders or to strengthen financial discipline within the business. A voluntary audit could also be useful to interested parties, such as potential purchasers, in the event of an exit from the business.
Alongside our audits for businesses, we offer a full range of specialist audit services to solicitors, chartered surveyors, landlords, charities, clubs and pension schemes.
For more information on how Fiander Tovell accountants in Southampton can help you, please contact us.