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News: Audit & Accountancy

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1. When does my company need an audit?

30th November 2023

There are situations where a company may want to voluntarily have an external audit, and those where it […]

<img loading="lazy" data-src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/readmore5.png" alt="Read More" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" /><noscript><img loading="lazy" data-src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/readmore5.png" alt="Read More" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" /><noscript><img loading="lazy" src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/readmore5.png" alt="Read More"/>

<img loading="lazy" data-src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/holding.jpg" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" /><noscript><img loading="lazy" data-src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/holding.jpg" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" /><noscript><img loading="lazy" src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/holding.jpg" />

2. What is an audit and who can perform one?

30th November 2023

An audit is an examination of your financial information by an external independent body to understand whether the […]

<img loading="lazy" data-src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/readmore5.png" alt="Read More" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" /><noscript><img loading="lazy" data-src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/readmore5.png" alt="Read More" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" /><noscript><img loading="lazy" src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/readmore5.png" alt="Read More"/>

<img loading="lazy" data-src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/holding.jpg" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" /><noscript><img loading="lazy" data-src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/holding.jpg" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" /><noscript><img loading="lazy" src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/holding.jpg" />

3. What are the audit exemptions & thresholds?

30th November 2023

Some businesses may be exempt from UK audits regardless of size or turnover, as outlined above. There are […]

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<img loading="lazy" data-src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/holding.jpg" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" /><noscript><img loading="lazy" data-src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/holding.jpg" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" class="lazyload" /><noscript><img loading="lazy" src="https://edwardsaccountants.co.uk/wp-content/themes/Edwards-2015/img/holding.jpg" />

4. Can shareholders request a company audit even if it does not breach the audit thresholds?

30th November 2023

Yes – if you are asked by shareholders who own at least 10% of your shares, you must […]

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