> Audits


There is much confusion around audits even by business people who have them annually. Simply put an audit is a review of a business’s books and records, transactions, systems and controls.

Solicitors’ Audits

Solicitors need a review of their records on an annual basis to ensure they are adhering to the Accounts Rules.


Statutory Audits

The criteria for a statutory audit, per the Companies Act 2006, changed in October 2012 and brought them into line with the criteria for small companies. So, if you meet the definition of a small company then you will generally be exempt from an audit.


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