We can offer your company a voluntary Assurance Report on the accounts.
This is a more comprehensive engagement than a compilation of the accounts assignment.
As of March 2020, it is a statutory requirement in the UK if your company exceeds any 2 of the following 3 limits in 2 consecutive accounting periods:
• Turnover of £10.2 million
• Gross assets (fixed plus current) of £5.1 million
• Average number of employees of more than 50
Occasionally corporate clients undertake an assurance report engagement as a method of self-assessing their own accounting systems.
At Hill Talbot Limited we try to make the assurance process more than just a compliance visit by discussing with you the operating details of your business, its employee’s roles, accounting systems and general processes.
This very often leads to additional benefits to you as a client for example where we have identified other opportunities such as R&D tax credit claims, opportunities for capital allowances claims or cost savings in terms of streamlining your accounting processes and systems.