By getting to know your business, our dedicated audit team will be able to apply our rigorous and deep knowledge to your circumstances whilst making the process as painless as possible!
We will provide you with a critical review of your business and not just comply with statutory requirements. Whether your business is small or large, privately owned and managed, we ensure we balance the rigid requirements of compliance with your need to continue running your business successfully. We will endeavour to reduce the disruption that can be associated with the audit process, whilst developing significant insight into your business activities and its financial controls. This insight will uncover potential opportunities to help improve your business performance.
All members of our audit team have undergone internal training, helping them balance their technical ability with a commercial and practical approach. We always try to use the same team members for all subsequent audits, allowing them to get to know you and your business. Working this way prevents you paying for time spent learning about your processes each time the audit is undertaken. We make a full review of all financial controls and will advise, if and how, they might be improved. Repetitive tasks are highlighted and current working practices are looked at with a view to help streamline the flow of information.
We will also evaluate your current business systems to determine if they meet your current, or more importantly, future requirements. Our audit offers you a real snapshot of your business performance. It will reveal key trends, highlight areas of profitability, alert you to new opportunities and warn of any potential problems. We hope to show you that the audit is as much an opportunity as it is a necessary requirement and expense to your business.
We have many years' experience in undertaking specialist audits and inspections. These include:
Solicitors Regulation Authority (SRA)
The SRA Accountants Report Form is submitted by the reporting accountant along with a checklist to the solicitor stating the outcome of the SRA report.
The SRA places great reliance on the report to gain assurance that solicitors are complying with the Solicitors Accounts Rules and that client monies are being safeguarded.
The report is sent to the solicitor once a year, at the end of the accounting period, by the SRA. It is due within six months of the year end and covers a twelve-month period in most cases.
Council of Licensed Conveyancers (CLC)
A CLC Accountants Report is required if at any point during an accounting period a member firm has held client money.
The Reporting Accountant examines the accounting records to ensure compliance with the CLC Code and carries out the checks and tests as prescribed by the CLC.
The reporting accountant signs and delivers to the CLC the Accountant's Report together with the completed checklist within six months of the end of the accounting period.
Letting agents
ARLA Licensed letting agents hold tenants' and landlords' money in a designated client account and these are subject to independent inspection.
That independent inspection culminates in a report that must be submitted no later than six months after the end of the accounting period to which it relates.
Speak to Marshall & Co serving Staffordshire, Cheshire and the surrounding areas about arranging a financial audit. Call us on
Contact
Call
01270 882 300
St Mary's House, Crewe Rd, Alsager, Stoke-On-Trent ST7 2EW
Accreditations
Established in 1993, Marshall & Co is a trading name of Emma E Marshall-Birks and Marshall Accountancy Ltd, company number 9425767, registered in England and Wales and whose registered office address is St Mary’s House, Crewe Road, Alsager, Stoke-on-Trent, Staffordshire ST7 2EW.
A Member of the ICAEW Practice Assurance Scheme. Registered to carry out audit work in the UK & Ireland and authorised to carry out the reserved legal activity of non-contentious probate in England and Wales by the Institute of Chartered Accountants in England and Wales. Principal and Director: Emma Elizabeth Marshall-Birks BA (Accounting & Law) MBA FCA BFP