Audit & Assurance
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At Turner group, we aim to deliver hassle free audits and there are good reasons for having an audit... • An audit involves a review of the company's accounting systems and systems of control and also requires a detailed understanding of the company's business. Such a review and knowledge can provide increased opportunities to provide proactive business advice on many matters. • An unqualified audit report can improve the status of the accounts in the eyes of banks and commercial lenders, Inland Revenue and suppliers who may be seeking credit references, etc. • A history of accounts with clean audit reports can also be a factor if you ever wish to sell the company or, perhaps, take it to the market. • The possibility of fraud can be reduced and an audit can act as a deterrent to any potential fraudster. For instance our audit teams use the statutory requirement of their visit as an opportunity to review the business and discuss forward planning. It costs no more to do this and our proactive approach is really appreciated by our clients. Though business owners traditionally regard the annual audit and preparation of annual accounts as a cost centre - a necessary evil that adds no value to the business - we strive to transform it into a profit centre. Besides helping you meet the statutory requirements, we also take the opportunity to conduct a review of your financial and management systems. This can often result in our identifying potential problem areas and recommending opportunities to improve your business performance. We discuss the problems and opportunities with you and help you implement any agreed solutions. We see the preparation of your annual report as an opportunity to enhance your external image. A well-prepared report can have a considerable positive impact on the perceptions of investors, potential finance sources, customers, prospect, referral sources, and even your own staff - all of which greatly improves your business prospects for the future.  |
