The lowdown: understanding audits

24th July, 2016

Due to increases in audit exemption thresholds over the years, many companies may not have had a statutory audit for some time, if ever. However, it may be worth considering whether an audit would be of benefit to your business.

The process can provide valuable feedback on the effectiveness of your company’s internal controls and processes, and can also offer a useful external perspective of the business. Audited financial statements can enhance confidence in your...

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