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Audits can offer invaluable intelligence about the health of a business, acting as an early warning signal for problems. They can find errors in the numbers and give reassurance to shareholders and investors. RJP offers effective and efficient auditing and assurance services for business owners with minimal business disruption to your day to day operations.
Although auditing is not a statutory requirement for all companies, it can add significant value to a business through a tighter control environment and better financial information. An audit will help build trust with financial stakeholders and gives business owners a much more detailed understanding of business performance. In addition, an annual audit can be a useful exercise if you are thinking of selling your business, helping to reassure potential investors.
RJP’s approach to auditing is professional and flexible. Working closely with audit clients throughout the year, our team develops a thorough understanding of your business and the industry sector you operate in. After completing the audit, we review and analyse the results, ensuring you have a thorough understanding of your business finances and statutory accounts. During the review process we also advise on practical, cost effective improvements to enhance business efficiency.
For many businesses, although they are not legally obliged to have an audit, they voluntarily choose to have one. This can be a wise strategy because an audit signals to financial stakeholders – banks and credit providers, investors, customers and suppliers – that your business is being well run and compliant. Audits also give the shareholders the reassurance that your figures are accurate and any plans you might have for future expansion have a strong foundation. Why wouldn’t you?
If you have a legal obligation to undertake a statutory audit your company will benefit from in-depth financial analysis and the confidence that your accounts are as accurate as they could be.
Led by RJP’s Audit Partner, Simon Paterson, our auditing team are highly efficient and always put the needs of clients first. As soon as you engage us, we will ensure your audit is conducted as quickly as possible, with the minimum disruption to business as usual.
I just wanted to drop you a short note to say how grateful I am for the support that RJP has provided over the past 4 weeks while our Financial Controller was away. I struggle to comprehend how much work your staff get through during their weekly visits and they are always a pleasure to have around the office.
I Evans, CFO, MoblicitiJust a quick e-mail from me to thank you for achieving the target for producing the draft accounts – it is very much appreciated and gives a first class impression of your firm. Many thanks.
J Stanfield, Chairman, BBS Actuaries LtdI would like to take this opportunity to thank you very much for the amazing job you have done navigating us through this whole process. My family and I also really appreciate the care and compassion demonstrated by you and your team in every dealing. Our thanks to everyone.
M Goldsmith, Private Client
All taxpayers due to make self-assessment tax payments on 31 July 2020 can now delay their payment due to the disruption caused by Coronavirus. This includes self-employed taxpayers and also company directors who pay self-assessment tax on dividend income.
Read more in our coverage of Coronavirus and business support from the Government.