Accounts and Audit

A Regular Financial Health Check

Whilst annual business accounts are required to meet your business’ statutory obligations, if they are prepared in a timely and economical way, they can provide valuable information for decision making.

We actively manage the timing of the accounts production process to ensure that you meet your statutory responsibilities and through this information, take advantage of early tax planning opportunities.

Contact Prime to find out more about preparing accounts and financial statements.  We offer a free initial meeting in order to discuss how we can help you in more detail.

Audit

Audits provide a cornerstone to financial reporting. They furnish valuable and reliable information to banks, tax authorities and others who desire to make financial decisions.

Although audits are diminishing as a result of changes in the criteria requiring them, there are nevertheless still a large number of SMEs, requiring an annual audit.

As Registered Auditors under the Companies Acts we have to demonstrate our on-going commitment to exacting quality and technical standards. The audits we prepare adhere to all professional standards issued by the Auditing Standards Board, the Financial Reporting Council and the Institute of Chartered Accountants in England and Wales.

In order to perform effective audits, we must not only audit our clients’ financial records, but also be familiar with clients’ operations, the industries in which they operate and the economic events which have impacted upon their businesses.

Our approach to your audit can transform what is deemed an unnecessary overhead by many SMEs into a valuable annual health check for company directors.

Contact Prime Chartered Accountants to find out more about the financial audit services we provide. We offer a free initial meeting in order to discuss how we can help you in more detail.

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Your accounts - evil or necessity?