Auditing provides noteworthy benefits to companies and business owners and is a key deterrent to theft and fraud. Audit should be regarded as a necessary investment rather than a burdensome expense. It can also be the starting point for an ongoing and constructive conversation about the future of your business.
At Grant Sugrue, we understand the need for the audit process to be efficient and cost-effective. Our client-focused approach to your audit can transform what many companies often think of as an unwelcome overhead, into a valuable annual health check.
Our firm’s team have a great depth of experience providing auditing services for clients across multiple industries in organisations varying in size.
Limited Assurance Services:
As a result of regulatory changes to audit thresholds in recent years, many companies are no longer required to have a statutory audit. While many companies continue to have an audit for various reasons, other companies still wish to have their accounts reviewed externally, without the need for an audit.
The scope of our limited assurance review includes discussions with management about the treatment of key items, application of analytical procedures to the financial statements, and assessment of whether the applied accounting policies are appropriate and adequately disclosed in the Financial Statements.
Grant Sugrue will provide a report based on our review, as to whether anything has come to our attention that suggests the accounts are not true and fair.
The cost of a limited assurance review will be greater than accounts preparation, as more detailed work will be required. However, it will cost less than a statutory audit. The work involved will be tailored to the key areas of your company’s business and your specific requirements.