Perhaps inappropriately, auditing has reduced significantly in recent years, seen by many, especially in Government, as unnecessary ‘red tape’ and very costly, (we don’t necessarily agree with this general perception).
- Statutory work
Where a company is over a certain size.
- Shareholder request
Where shareholders, usually a minority shareholder not actually involved in the company, requests an audit.
- Shareholder/Director request?
Where active shareholders or Directors require a little more comfort with their year-end accounts or perhaps a lender to the company has made it a stipulation.
For the first category of Client, we will always be as actively involved as you wish and will give you all the benefit of our experience.
For the second category, we recognise that we need to ‘justify our existence’ rather more – we always do this with tax mitigation ideas.
Either way it is a matter of our professional pride that the costs of our services are always covered by timesaving and/or cost savings (especially taxation).