Audit and Assurance
Statutory Audit
Preparation and audit of your annual accounts is a legal necessity for many businesses, so one that cannot be overlooked. It is also the perfect opportunity to move your enterprise forward to the next level.
However, choosing an Accountant and Statutory Auditor that is capable of providing that drive isn’t quite so straightforward. On first sight, one set of published accounts can look pretty much like any other and as the added value that the audit may have brought is not always obvious to the external eye, you have to experience the Auditor’s work before you can judge its quality.
Your choice of Accountant and Auditor comes down to trust. So why choose Watergates
- Continuity – We have an experience team who can get to know your business and identify what is working and what isn’t.
- Sharp focus – We aim to give you clear and concise advice to identify business areas that need attention
- Smart Solutions – Our purpose is not only to identify problems but also recommend solutions
Assurance Services
The vast majority of UK companies and businesses no longer require a statutory audit. Their only requirement is to file annual accounts with Companies House and/or HM Revenue & Customs. In those circumstances you may, of course, elect to have a voluntary audit up to the standards required by law.
As an alternative, particularly if you do not want to bear the relatively high cost of a full audit, We offer a range of Assurance Services carried out in accordance with International Standards on Assurance Engagements, International Standards on Review Engagements and the guidance of our professional body, the Association of Chartered Certified Accountants. These are limited assurance reviews that fall short of a full audit but provide the business owner and users of the business accounts with some assurance that the accounts have been properly prepared.
Our specialist assurance services include:
- Business valuations / share valuations
- Due diligence on business sales or business acquisitions
- Property incorporations and specialist property accounting advice
Specialist Audit & Assurance Review Services
Certain organisations are subject to regulation that requires them to undergo specialist audit or assurance reviews.
Our experienced Audit & Assurance Teams, with their in-depth knowledge of the relevant reporting requirements, are able to provide the following specialist services, to help you remain compliant with the regulations of your sector:
- CAA ATOL Accountant’s Report
- FCA registered entities - Audit and Reporting
- Residential Lettings - ARLA Accountant’s Report
- Solicitors Regulation Authority Accounts Rules – Accountant’s Report
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