Business Audit & Assurance

Frances HowardFrances Howard Head of Audit

Whether you currently have a statutory audit, or you are looking to add credibility, reassurance and governance in your business, an account audit can add a huge amount of value to your business.

A business audit can be seen by many as a painful but necessary process that nobody enjoys. But it doesn’t have to be this way. Yes, an audit has to meet certain regulatory requirements, but it shouldn’t be a scary and disruptive process to your business.

Account Audit or Assurance – what’s the difference?

If you’re below the audit threshold, your business doesn’t require a statutory audit. But many business owners want reassurance and peace of mind that all is good in their business. Our assurance service can meet this need by focusing on all or just some areas of your business, whether it’s just your stock system or certain business processes.

Account Audit – Fulfilling your statutory obligation

For many businesses, an audit’s a must – there simply isn’t a choice. But it shouldn’t be painful. It’s about seeking a responsible second opinion and a separate view on how your business is operating. It’s not about finding fault but instead, highlighting risk and exposure that helps you moving forward.

Adding credibility & supporting growth

Don’t need a financial audit? Maybe, you’re looking to enhance financial credibility, or looking to raise funds for growth? Building a history of audited financial statements can increase credibility when you’re sat around the table negotiating a sale, or looking for funding.

Need a sense check?

If you’re gearing up for a new contract or have grown rapidly, now might be the time for a quick ‘sense check’. Our systems review, and financial health check will do just that, providing an honest assessment of your current standing and recommendations for change.

Buying a business? Financial Due diligence

Making sure everything stacks up with any potential business acquisition is important. You don’t want any late nasty surprises. Nowadays, just looking at the accounts won’t cut it. We’ll understand why and importantly, what you’re buying and what you want to achieve from the purchase. We’ll look at the target business to make sure it’s the right purchase for you and it’ll achieve your ambitions.

“There are so many things we don’t have to worry about now – Fortus are just dealing with it. You can’t put a price on that feeling."

Anthony Sheret Colophon Foundry

Interested?

Want to talk in more detail or arrange a meeting? Then contact Paul today.

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