Audit & Assurance
Whether a company exceeds the audit thresholds or is required to have one for another reason, aside from fulfilling their statutory obligations, there are many valuable financial insights to be gained from a high quality audit process.
Delivering expertly Planned and Highly Efficient Audits
We carry out robust statutory audits and other financial assurance work for large UK companies, groups, international subsidiaries, owner managed businesses and charities,
according to the exacting standards set by the Financial Reporting Council (FRC) and International Standards on Auditing.
Whether an organisation reports under the UK Generally Accepted Accounting Practice (UK GAAP), or International Financial Reporting Standards (IFRS), the quality of our audit and assurance service, alongside the proficiency of the people delivering it, is of the highest standard.
Our practical approach, proven methodologies and supporting technology ensures first class data integrity and an expertly planned,highly efficient audit process that is shaped to our clients’ day to day business operations.
Regardless of whether we are undertaking an external audit or an internal one, we take the time required to gain an in-depth understanding of your business so that we can deliver incisive reports and audit recommendations that will enhance the quality of their financial information, add strategic insight and inform future decision making.
Areas we cover:
- Statutory audits
- Internal operational reviews
- Financial reporting and statutory accounts
- Corporate governance
- Company valuations
- Shareholder reports
- Risk assurance
- Forensic accounting
- Fraud investigation assignments
A springboard for considering wider business issues
Driving financial and operational improvements
Whilst clients trust in the high quality of our audits, this isn’t the only reason they choose to work with us. Our service goes beyond compliance, and the recommendations we make in audit reports usually become a springboard for clients to consider wider business issues.
All of our auditors are also involved in delivering non-audit services for other clients, including board level strategic support for high profile private and listed companies and groups, entrepreneurs and UK subsidiaries of foreign companies. Whilst, we maintain the strictest independence as auditors, having a multi-disciplined skill set equips us with a much deeper understanding of clients’ businesses and the industries in which they operate. This, combined with our financial analysis, means we are fully informed so can raise the right questions as part of the audit process that will inform clients’ decision making and add value to their businesses over the long-term.
We’ve gained extensive knowledge and valuable insights into growing businesses over the years, from industries including premium hospitality, music & entertainment and luxury retail, advertising and marketing, property and construction. With particular expertise in driving business performance improvements, we carry out a range of internal financial and operational audits and work closely with clients to help them select and set up the right systems or review existing ones, as well as strengthen their internal accounting and financial reporting processes.
Promoting a high level, enquiring approach
We encourage the same high level, enquiring approach that we use for our audits, across all of our client work at SRLV. It’s the reason we have always trained our graduates in audit first, regardless of which area of the business they go on to specialise in.
Acknowledging that there is always something to learn and being interested to know more is pivotal to our company culture; it’s why our staff and partners work together day to day, asking questions and honing their knowledge. It’s also why we invest time to understand every clients’ business and the issues that are unique to them, so we can think more widely about the advice we give.
