At Hargreaves & Co not only do we have a good mix of qualified accountants and bookkeepers we also have collaborations with registered auditors. This means that although we no longer are registered under the ACCA we maintain our client contact throughout the job. So few companies in the SME sector are audit eligible these days we took the long, hard decision to move away from this very high compliance area on a direct basis.

Given we have been auditors for nearly 30 years (as at 2021) rest assured we know what it takes for your growing business.

There are other entities that require auditing under the £10.2m turnover limits (2021):

Below are some of the specialised areas that we cover:

• Solicitors practices
• Charities
• Any companies that require a compulsory audit or voluntarily that comes within the general trading category.

Auditing is a necessary part of the growing of a business over a certain size and its techniques should be embraced throughout the organisation.  The discipline is important and the comfort of having audited accounts enhances the validity and perception to third parties.

An audited set of accounts means that your company has undergone an in depth review of its systems, its working environment, its strengths and weaknesses and its underlying solvency,  highlighting potential threats to the going concern and areas of potential improvement. It is a very useful process involving the whole company.

This note is not to advertise audit services but simply information for our existing client base.