Navigating the New FRS 102 Changes: What They Mean for Your Business and Financial Reporting
The Financial Reporting Standard (FRS) 102 is undergoing significant updates, slated to take effect for periods starting on or after January 1 2026, ...
Insights
Common Audit Findings in Businesses: What to Look Out For and How to Address Them
We'll explore common audit findings within businesses, what they mean, and how to address them effectively to strengthen your organisation.
Understanding the Economic Crime Levy: What It Means for Businesses
As part of its broader efforts to curb financial crime, the UK government has introduced the Economic Crime Levy (ECL).
Are Your Financial Controls Fit for Purpose?
In today’s complex and fast-changing business environment, it’s essential to continually ask: are your financial controls fit for ...
Understanding Audit Limits: A Guide to Thresholds and Compliance
We explore what audit limits are, why they matter, recent changes in the audit thresholds, and how businesses can determine ...
Increasing Company Size Thresholds
Legislation to increase the turnover and net asset size thresholds by approximately 50% is due to be laid before parliament by ...
Comprehensive Guide to the Upcoming VAT Changes on Private School Fees
On July 29, 2024, the UK Treasury introduced draft legislation set to impose VAT on private school fees starting January 1, 2025. This significant ...
How to Prepare Your Business for an Audit
It’s unlikely you’ll jump for joy when you think about... Read more
Audit and Assurance: How We Can Help
Audits are considered a painful but essential process for many businesses. Find out how we can take the fear away ...
Audit & the (natural) environment
Tendering for work is no longer about the price, and value added extras, it now includes the likes of environmental ...
