This necessarily requires a high level of expertise on the part of the auditor in order to fulfill statutory obligations. We have the requisite knowledge and expertise not only to meet these obligations, but also to make the audit a valuable tool in assessing how effectively an organisation is being controlled and managed. We audit not only trading companies but also registered charities (both trusts and companies), registered friendly societies, pension funds, housing associations as well as many other specifically regulated industries. Our general approach to audit work is governed by

Auditing Standards issued by the Audit Practice Committee. We have to carry out our work in accordance with auditing standards and whilst clients may not always see the benefits of some of the work which we have to do we always endeavour to explain the rationale.

The detailed examination of an organisation that is undertaken during an audit provides a unique opportunity for a fresh pair of eyes to look at the way the organisation is run. All aspects of internal control are considered and assessed. Thus there is an opportunity for us to advise. For example, we may see that whilst a function may be adequate, there could be ways to make it more effective. Conversely, we can offer assurance if that function is working well and can be left alone. We only recommend change where it would benefit the day-to-day running of the company.

We believe in the old adage:

“If it’s not broken, don’t fix it”!