Statutory audit & controls

Statutory audit

A statutory audit gives third parties and shareholders independent assurance on the reliability of the financial statements. The firm's founder is registered with the Register of Statutory Auditors: we handle the engagement from planning the audit through to the final report, in line with auditing standards.

What's included

Audit planning based on the company's risk and size
Review of internal control systems and administrative procedures
Sample testing on financial statement items and significant transactions
Verification that bookkeeping has been properly maintained throughout the year
Preparation of the audit report on the annual financial statements
Coordination with the board of directors and, where present, the board of statutory auditors

When it makes sense

The company has exceeded the thresholds that make statutory audit mandatory
Shareholders or lenders are asking for an audit even without a legal requirement
The current board of statutory auditors does not also carry out the statutory audit