External Audit Services

Could your business be open to unnecessary risks? Many directors of owner-managed businesses, find that the strain of trying to grow their business or preserving their market position, means that they cannot dedicate as much time as they would like to the financial control of the company. This shortage of time creates risks. Our independent audit can help you to mitigate these risks, which could include:

• identifying any frauds being committed by your workforce;
• recognising areas where controls over assets and transactions are weak and could be improved;
• using our knowledge of your industry to benchmark your performance against your competitors;
• ensuring that you are in full compliance with all relevant regulatory bodies including the Inland Revenue and HM Customs & Excise; and
• identifying tax planning opportunities that could save your company money, savings that would otherwise have been lost.

We have an experienced audit team, with up to date technical knowledge, who will not only ensure that your company’s financial statements comply with all regulatory requirements, but use their experience to alert you to risks that you might be facing, or opportunities that you may not have considered. Research undertaken by the DTI indicates that lenders and suppliers value an audit report, to such an extent that your company’s credit rating will be adversely affected without one. Can your business afford not to have such an audit? If you would like further information on our Assurance services, please contact Peter Woodhall at our Letchworth office on 01462 687333 or e-mail pwoodhall@wkhca.co.uk