Our next event

Building brilliance in business: The seven leadership challenges in business

February 2018
View details

Our next event

Building brilliance in business: The seven leadership challenges in business

February 2018
View details

Business

Audit and Assurance

Audit and Assurance

Our team of experienced corporate services professionals will provide audit and assurance services tailored to meet your individual requirements and regulatory responsibilities.

We dedicate time to gain a real insight into your business and objectives. We then use this knowledge to provide proactive business, strategic and tax advice. During the audit we will also identify practical suggestions for improvements to internal reporting and control systems.

As a business owner you may be required by law to have an audit depending on your size. There are exemptions in place for some smaller companies, but all medium and large companies do have a requirement. If you are exempt from needing a statutory audit you might still require a level of assurance. If this is the case you have various options open to you ranging from a full voluntary audit, an assurance review or an agreed-upon procedures engagement.


Voluntary Audit
You might choose to have an audit on a voluntary basis, there are good reasons to you might do this including:
• Reassurance about the integrity and quality of your financial statements and internal controls
• Your key customers may require an audit as part of their contractual agreements
• Your lenders or investors may want one to satisfy their requirements
• You can use voluntary audits to build your track record prior to a sale

Assurance Review
An assurance review is less intensive, less expensive and more flexible than a full audit. It may be a suitable alternative for your business if you still need to provide assurance regarding the quality and accuracy of your financial statements to lenders or other interested parties.

Whichever option you choose we will work to the same high standards, agreeing key objectives and risk areas and working to a timetable to suit your needs.
Call us on 01603 663300       

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"I would like to say how pleased I am with the help and support you have given me to sort out the pension scheme. I have no hesitation in recommending Lovewell Blake to facilitate the pension process to any local business."
 
 

News

Lovewell Blake's GDPR journey
Shaun Mary

15 February 2018
GDPR is approaching, and fast. By 25 May 2018 all businesses will need to ensure they are complying with the legislation. We believe that the changes that are expected to take place will be positive, promoting the need to treat personal data with respect by everybody.
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Lowestoft accountant shortlisted for prestigious national award
Marketing Team

8 February 2018
A Lowestoft accountant has been shortlisted for a national award by a leading professional publication.
Read More

See all our news

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In our sixth masterclass for business owners and managers looking to enhance their skills we will hear from Joseph Cooksey, Digital Engagement Manager from Barclays. Joseph will guide you through...
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Building brilliance in business: PR and the media
21 June 2018
This event is now FULLY BOOKED! We can add your name to a waiting list, but cannot guarantee you a space. At the fifth in our series of...
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Building brilliance in business: Search engines and the future of digital marketing
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For the fourth in our series of masterclasses for business owners and managers looking to develop their skills we will start to think about the use of search engines and...
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