A year end audit is often a statutory requirement that requires an efficient experienced service. The Chartered Accountants in our team provide this service for numerous clients across Scotland. If you are searching for someone to audit your accounts then don’t hesitate to contact us. We can usually act swiftly if you are in a hurry too. We operate from our offices in Edinburgh servicing clients across Scotland.
We are a member of the Institute of Chartered Accountants of Scotland and our conduct is subject to its Code of Ethics which can be found at www.icas.com/ethics/icas-code-of-ethics – The Institute of Chartered Accountants of Scotland
We are a firm of statutory auditors registered to carry on audit work in the UK by the Institute of Chartered Accountants of Scotland. Details about our audit registration can be viewed at www.auditregister.org.uk under reference number F0273 – Audit Register
The professional rules applicable to our audit work in the UK are the Audit Regulations which can be found at www.icas.com/regulation/audit-registration. In addition there are the International Standards on Auditing (UK) at www.frc.org.uk/Our-Work/Publications.aspx – International Standards on Auditing
In carrying out our audit work we are subject to the Code of Ethics referred to above. With respect to audit work we are also subject to the FRC Ethical Standard which can be found by searching for ‘Ethical Standard’ at www.frc.org.uk/Our-Work/Publications.aspx – FRC Ethical Standard
Why engage audit services?
- You can secure new customer interest in your business by publishing audited accounts.
- Investors are often attracted to a business when they can access audited accounts.
- Shareholders are often more confident when they know accounts are audited.
- Recruitment can improve if you are in a highly competitive market if you can show audited accounts.
- Many lenders prefer to see independently audited financial statements, and or a history of independently audited accounts.
- An audit can essentially add to the credibility of your published accounts.
At Johnston Smillie we support a number of our clients with their annual audit and aim to provide value in an area which can be seen as a necessary evil.
The process can be an opportunity to provide an analysis of the internal systems and processes and we can provide recommendations to business owners which can assist them with the running of their business. It can add real value to your business during the process of an audit for the longer term.
We can assist you on site or remotely. Often the first occasion is more challenging but once we have a system in place for your business, you will find that it becomes simpler and easier to accommodate during your day to day business operation in future years.
If you haven’t had an independent financial audit before, don’t worry. Our team are also friendly and approachable and won’t talk jargon while they work with you.
You can see what some of our existing clients have to say about our team and our services here.