1. What is an audit?

As a business, it’s hugely important to keep your financial records as accurate as possible. An audit is an examination of your financial information by an independent professional to form an opinion as to whether your financial statements show a true and fair view.  

The accuracy of your financial statements refers to whether the information provided in your balance sheet, profit and loss account, and supporting notes is correct. 

At Edwards, we undertake numerous statutory audits, which can also identify the strengths and weaknesses of your systems and processes and allow you to improve them.