Many businesses are now exempt from a Statutory Audit but some still prefer this additional form of Substantive Assurance. If you are a limited company (not registered as a PLC you are, unless required by your regulatory authority, exempt from the requirement for a Statutory Audit if you meet two of the following three criteria:
- Your Turnover is below £6.5 million
- Your Gross Assets are below £3.26m
- You employ fewer than 50 employees
If you are required to undergo a Statutory Audit, our specialist team provides a cost-effective service.
It may be that rather than undergo the rigours of a Statutory Audit that you nonetheless desire some form of Assurance as regards the accuracy of your accounting environment. At Cameron Baum Davis we provide Assurance Reports tailor made to your requirements and in accordance with guidelines laid down by the ICAEW. Talk to us today about your personal requirements.