What information do you need to send me a quote?
Generally speaking sending us a trial balance in confidence allows us to provide you with an accurate quote quickly.
What information do you need to start the audit?
We will send you a document listing all of the information we need from you to start the audit. You can send this to us via dropbox, email or indeed in person if you would prefer. This will include things like; bank statements, PAYE docs, VAT docs, sample sales & purchase invoices etc.
Do you speak directly to my client?
We will only do this if you would like us to. In some cases we go through the accountant 100% to get answers to our queries and in others the accountant will find it more practical for us to directly liaise with the client. We will do whatever you prefer.
Will I have the same staff member every year?
We endevaour as much as possible to use the same staff on assignments from year to year yes.
Who is the invoice & engagement letter issued to?
Directly to the client. This is in compliance with institute regulations. The client will always be fully aware that we are working in conjunction with their accountant.
Who prepares the financial statements?
Only Audit limit will prepare the statutory financial statements- this ensure they comply with the companies act.
How long does the process take?
This will depend on the quality of the information we recieve and the speed at which our queries are replied to but in general we outline a 4-6 week turnaround time from starting to completing an assignment.
Do you also do the CT return?
No. As we are 100% audit focused we do not.
Do you need to attend stocktakes?
If appointed at the time of the stocktake a member of staff should be invited.
Do you prepare company secretarial returns.
We don't do general company secretarial work however we can prepare the annual return.
If we prepare the PQA's & working papers can you sign off?
This is not a service we offer. We complete the audit from start to finish.