Medium or large limited companies are required to have statutory audit.
Smaller limited companies are not obliged to have a statutory audit, but can also benefit from an external review. This does not have to be as formal as an audit and can be in the form of an assurance review.
Assurance reviews can be specifically tailored for the needs and requirements of a company. This type of review from an independent expert provides a strong signal that the company reports are trustworthy.
These reviews can provide lenders, investors or co-owners with a greater level of assurance on your accounts.
The assurance review is a cost-effective way to do this without the need for a full-scale statutory audit.
To discuss further, and see where this could benefit your business, please contact us.