Auditing is a vital part of accounting. Traditionally, audits were mainly associated with gaining information about financial systems and the financial records of a company or a business.
However, recent auditing has begun to include non-financial subject areas, such as safety, security, information systems performance, and environmental concerns.
With non-profit organizations and government agencies, there has been an increasing need for performance audits, examining their success in satisfying mission objectives.
What Is Auditing Accounts?
Auditing is the independent examination of financial information of any entity, whether profit oriented or not, and irrespective of its size or legal form, when such an examination is conducted with a view to expressing an opinion thereon.
Audits are performed to ascertain the validity and reliability of information; also to provide an assessment of a system’s internal control. The goal of an audit is to express an opinion of the person/organization/system under evaluation based on work done on a test basis.
Goringe Auditors Ltd
Many businesses under the audit threshold choose to have an audit due to preparation for sale, searching for investment, bank requirements or directors wanting to demonstrate strong controls and accurate accounts are in place. Other businesses are obliged by law to have a statutory audit due to their size or sector.
Whether you require a statutory or non statutory audit Goringe Auditors in London & Reading can help you. We provide auditing services for a range of clients.
We use the latest CCH Audit Software using PCAS methodology.
Goringe Auditors are members of the Institute of Chartered Accountants in England & Wales (ICAEW)
Our Reading and London audit teams work closely with the accounting team in Goringe Accountants and your internal accounting department to provide a thorough, efficient audit.
We work with you to ensure that your business is fully prepared for audit and assist with full accounts production. Goringe Auditors will then complete a full professional audit using the latest audit techniques and best practice. We then work with you to ensure that any audit issues that arise are addressed and resolved.
Goringe Auditors are registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales.
Details about our audit registration can be viewed under reference number C003687508 at: Register of Statutory Auditors
Your Local Account Auditing Services
We have local branches to provide all your auditing services in London and Reading. We’d be happy to answer any questions you have – via phone, email, or via our contact us page form…
- For more information on Goringe Auditors in Reading & London see our press release: New Subsidiary: Goringe Auditors Ltd.
- A handy guide to statutory audits: what they involve, why they matter and who needs them: Statutory Audits
- We also specialise in SRA Solicitor Accounts Rules Audits
- All Audit Articles on our blog