Not all audits are conducted with annual compliance
requirements in mind.
There are other situations where an audit exercise is needed:
- Confirmation of the integrity of the accounting
data from one or more areas of your balance sheet or trading
account - turnover, cash at bank, stock, etc.
- You need to verify that your accounting records
and systems are sufficient to enable a full statutory audit
to be conducted successfully (pre audit review)
- You need to investigate areas of your accounts
where you feel there may be deficiencies - tangible assets,
reduced gross profit margins etc
In such cases, your accounting information and systems performance
need to be completely reliable, leaving you free to focus
on your business, safe in the knowledge that your management
data is both correct and up to date. |
