At Parker Lloyd Chartered Accountants, we believe that tangible benefits can arise from an annual audit. Part of our ultimate aim is not only to guarantee that you meet the statutory requirements, but to help ensure that your business can achieve its best performance in an ever competitive environment.
How we can help
Financial accounts
Keeping banks, creditors, finance providers and HMR&C happy is not an easy task. Parker Lloyd service relieves you of the burden while delivering tangible benefits to you.
Every UK business is required to complete accounts on an annual basis. These accounts are then used to calculate the amount of tax payable, based on profits and other forms of income.
Full Audit
Our audits are designed to comply with all relevant legislation and legal requirements, and are far more useful to the business than is often expected.
Our auditing procedures try to ensure that you gain the most out of an audit, highlighting potential problems, and providing advice and information that is both useful and understandable.
Why do you need Audit?
For many companies, an audit is a legal requirement, based on the size and trading style of the company or organisation. Some companies must be audited regardless of size, whereas others require specialist audits to be performed.
The limits for requiring an audit are continually changing. It is likely that these limits will be increased over the coming years. This may mean that a company requiring an audit now may not need to have its accounts audited future years.
An audit is a valuable and useful tool to directors and owner-managed businesses. Requesting an audit can often prove invaluable in finding potential threats to your business. For more information about our auditing services, contact us.