Audit, Compliance and Assurance services

Abi Robinson

Robust assurance, financial reporting and corporate tax compliance.

Abi Robinson

Large companies, groups and corporate structures have a broad range of compliance-based requirements. Often, the need for these services will be statutory in nature, but leveraging value from the assurance process can be a worthwhile objective. 

Our audit Partners have a wealth of expertise and are highly experienced in audit and assurance projects across a broad range of sectors. They work with you and your team to develop a highly intuitive audit strategy and process. Stringent controls testing can provide you with effective feedback on your business' systems and add value to your processes. 

Bhav Saini

We pride ourselves on providing individually tailored services to our clients. Whatever your aspirations and priorities in business and life, we will be by your side with expert advice from local specialists. It is because your needs are unique, that the solutions we provide are distinct and personalised to you.

The process of preparing company and group financial statements will complement your audit timetable. As a Chartered firm, our accounting teams will produce high quality financial statements in accordance with Company Law and the relevant Accounting Standards. 

From a corporation tax compliance perspective, our dedicated team of corporate tax specialists will work closely with our audit staff to prepare the corporation tax computations, returns, and reports. With a focus on detail, we pride ourselves on our accuracy and attention to detail. Where more diverse requirements require consideration, our team of Corporate advisory specialists will consult on R&D claims, complex group structures, and maximising capital allowances. 

Consider the key compliance-based services our teams can deliver:

  • Preparation of fully compliant financial statements for large companies, groups and subsidiaries

  • Audit and more focussed assurance services on company and group accounts

  • Compilation of corporation tax returns and computations

  • Hosting your company registered office and acting as your tax agent

  • UK assurance, financial reporting and corporate tax services for international groups and UK subsidiary structures.

We are one of the largest and most diverse firms in the region but also stay true to our local roots in the structure of our advice. We believe that this provides our clients with a very balanced yet personal service.

Our audit and assurance Partners and staff are highly professional and will work with you to develop and undertake a dynamic approach to your corporate assurance requirements. Our aim is to undertake a robust process which provides key feedback on your financial statements, systems and processes, adding value to your operations and providing peace of mind to stakeholders.

Summing up - Audit: what to expect?

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Key partners and staff

Gary Flatt

Gary Flatt

Partner
Matt Crawley Partner for Lovewell Blake

Matt Crawley

Partner
Neil Orford

Neil Orford

Partner
Simon Watson senior partner for Lovewell Blake

Simon Watson

Partner
Toby Wilson

Toby Wilson

Partner
Abi Robinson, Audit Director, Lovewell Blake

Abi Robinson

Audit Director
Steve Eagling

Steve Eagling

Audit RI Director
Mark Hannah

Mark Hannah

Tax Consultant

FAQs

What is an audit and do I need one?

An audit is the external examination of an organisation's financial statements by someone independent, normally a Chartered or Certified Accountant and Registered Auditor.

By law, a company requires an audit when it has two of the following:

  • Turnover in excess of £10.2m

  • Gross assets in excess of £5.1m

  • More than 50 employees.

There may be other scenarios when a company requires an audit and transitional years are treated slightly differently.

Many organisations will opt for an audit even if they do not require one by law as a statutory audit provides a much higher level of scrutiny. If you would like to discuss your needs and our approach to audits please get in touch.

Can you help with accountancy compliance?

Our corporate services department can help in many areas of compliance, including but not limited to: preparation of financial statements (for audited and non-audited entities) to fulfil statutory requirements including filing at Companies House, providing advice in relation to the accounting treatment of transactions, providing Registered Office and Company Secretarial services such as Confirmation Statement filings, Director appointments/resignations, share transfers etc., making recommendations on a company’s procedures and processes as part of our audit findings.

What does a corporate accountant do? / What is included in corporate accounting?

An accountant in our corporate services department can assist with: statutory accounts audits, preparation of statutory accounts, corporation tax compliance and other matters such as assisting with filings at Companies House, advice on accounting or tax treatment.

What is the key benefit to a corporate audit?

There are many benefits to an audit of statutory accounts – compliance being key where an audit is required for one of the reasons listed above. Other benefits include: an objective insight on the company or group’s finance function, processes and controls, identifying weaknesses in these areas or susceptibility to fraud, promoting best practices within your organisation, adding credibility to your financial statements which may assist with obtaining finance from lenders or grants, peace of mind provided for shareholders outside of day to day management.

How disruptive is a corporate audit?

In order to ensure an efficient audit process, we will have a planning meeting with you to discuss the key aspects of the audit, agree a timetable and provide a deliverables list via a secure online document exchange portal, so that your team and ours are well prepared in advance. The audit team will test a sample of transactions and ask for various back-up documents for transactions and balances within the financial statements as well reviewing your systems and internal control processes. This will require time and engagement from management, however our experienced team will work with you to minimise disruption and will use various audit tools at their disposal to improve the efficiency of the process. We can also provide some flexibility around a combination of on-site presence as well as remote working to facilitate what works most efficiently.

Find your nearest office

Bankside 300
Peachman Way
Broadland Business Park
Norwich
NR7 0LB

(Sat nav postcode NR7 0WF)

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Call:
  • (01603) 663300 (Accountants)
  • (01603) 619620 (Financial Planning)
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First Floor Suite 2
Hillside Business Park
Bury St Edmunds
IP32 7EA

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Call:
  • (01284) 337070
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Sixty Six
North Quay
Great Yarmouth
NR30 1HE

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Call:
  • (01493) 335100
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The Wherry
Quay Street
Halesworth
IP19 8ET

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Call:
  • (01986) 873163
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The Gables
Old Market Street
Thetford
IP24 2EN

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Call:
  • (01842) 755032
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Wide-ranging tax planning and compliance services for individuals seeking advice and guidance from our team of experienced and highly qualified professionals.

Friendly and coherent advice and guidance on accounting and tax matters for small business owners including those starting out for the first time.

Established businesses requiring accounting and tax compliance services, forward thinking tax planning advice and the support to help your business succeed.

Our full range of enhanced corporate services aimed at large companies and those requiring audit, assurance, corporate tax advisory and diverse tax planning services.

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