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audit and assurance2021-10-11T15:29:58+00:00

Discover how ACM Accountants can help with our full range of audit and assurance services, delivered by our specialist audit team.

Bespoke Audit and Assurance Services

We specialise in providing bespoke services. Our audit approach and services are designed to meet your requirements – whether a statutory programme under International Auditing Standards, or a tailored grant claim certification.

Our clients range from multi-million pound international groups, to owner managed businesses, through to small charities and not-for-profit organisations. We pride ourselves on tailoring our approach to meet each client’s individual obligations.

A Specialist Assurance Audit Team

Our specialist team has many years of wide-ranging experience in auditing regional, national and international businesses.

Our highly experienced team is based in our Taunton office. Our team members all specialise in providing audit services, and are led by our Audit Partners Michael Cook BSc, FCA and Lexi Shore FCA, CTA, DChA who are both registered auditors with the Institute of Chartered Accountants of England and Wales. Between them, Michael and Lexi have over fifty years’ experience of auditing.

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A Full Range of Audit and Assurance Services

From our offices in Taunton, we provide a full range of regulated services.

Examples of services we provide for our clients include:

● audits of individual and group financial statements prepared under IFRS,

● audits of individual and group financial statements prepared under UK GAAP,

● audits under the Charities Act,

● reports to group auditors in overseas territories,

● assurance reports on specific controls or business areas,

● grant reporting and

● EU funding claims, including Interreg Europe.

Whatever your audit and assurance requirements are; we can provide the support you need.

An Audit And Assurance Service Tailored To Your Company

We tailor the nature of our work to fit around you and your business. We can undertake our work onsite at any location, at your offices, or remotely through using our secure on-line document Portal. We can also undertake stock and fixed asset verification remotely if required. We are in regular discussion with our audit clients about adapting our working arrangements to ensure continuity of service. Before starting work, we will discuss with you how best to structure our work.

We pride ourselves on providing a “no surprises” audit, by maintaining regular, constructive discussions with you throughout the process. We will work alongside your team, providing friendly helpful advice based on a sound understanding of your business and vision.

We also firmly believe that working to a clear agreed timetable is a key part of providing a professional audit service. A clear timetable for our services provides you with a framework to monitor our performances as well as clarity in terms of what you can expect from us, and when.

Audit Approach

Our starting point is gaining an understanding of your organisation, your risks, governance, records and control systems and financial information. Only once we hold this information can we plan an effective and efficient audit.

Our Firm is Registered for Audit Services with the Institute of Chartered Accountants of England and Wales

ACM Accountants are regulated and authorised to carry out audit services in the UK by the Institute of Chartered Accountants of England and Wales. Our audit registration can be viewed at www.auditregister.org.uk under reference number C005392366.

We offer a high quality audit service at competitive rates.

FAQs

What Can Audit and Assurance Do for Your Business?2021-08-24T10:39:07+00:00

Beyond the legal requirements, an audit can provide assurance that your controls are operated as expected and that your financial statements are free from material error or omission. As an independent review and audit can often provide best practice recommendations on potential improvements to your business and controls.

What is the difference between audit and assurance?2021-08-24T10:38:42+00:00

Audits are undertaken in accordance with the Financial Reporting Council’s International Standards of Auditing, which provide a specific framework of what audit work must be undertaken. Audits usually report against a specific accounting framework, such as UK GAAP. All companies that do not qualify as small, or for other exemptions from audit, are required to obtain an audit by the Companies Act.

Assurance reports are generally less prescriptive and are designed to provide assurance over a specific financial report or financial information. The work required for assurance reports is usually governed by guidance issued by the Institute of Chartered Accountants.

We offer a high quality audit service at competitive rates. Click here to get a quote for your audit requirements today:

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