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Audit and Assurance

Some important info

Barrons are Registered Auditors, capable of undertaking all forms of statutory audit and non-statutory audit assignments.

Whilst predominantly the function is seen as a statutory requirement rather than a value-added business service, an audit can help shed light upon the truth and fairness of the financial statements as well as providing valuable certification to potential investors, financiers and suppliers alike.

If your private limited company does not meet certain limits you may be exempt from an audit unless your investors ask for one or your articles of association tell you to do so.

Your company may qualify for exemption if it meets 2 or more of the following:

  • Your company has an annual turnover of no more than £10.2 million
  • Your assets are worth no more than £5.1 million
  • Your company has no more than 50 employees on average as of 1st of January 2016

Our auditors will carefully examine your entire financial situation, during the process of an audit we aim to assess your financial situation and to help you with the following:

  • Assess your systems and provide you with an overview
  • We will ensure that your company is compliant with relevant standards
  • We will assess your accounts and suggest improvements
  • Plan future events which will guide you to business improvement
  • Banking to forecasting
  • Unqualified opinion on accounts

To add value to the statutory service, Barrons seek to provide peer-based benchmarking information to appraise your corporate performance, using the information to assist and guide you towards achieving business enhancement opportunities.

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Accounting

A professional accounting team, with international experience will bring you high end expert service. We take care of everything, from book keeping, archiving, accounting, tax consulting and taking care of you accounts.

 

We offer a 24 hour line for consulting free of charge in our golden package. Our service is highly confidential as our client list.

We help you focus

Why should you be stacked in administration and accounting work. We take the burden off your shoulder’s and help you focus on what really matters to get your business growing.

 

With our archiving capacities and constant education of our staff, monitoring ever changing regulations and global finance requirements we are sure we can be a valuable ally in your expansion.

Management accounting focuses on the measurement, analysis and reporting of information that can help managers in making decisions to fulfil the goals of an organization. In management accounting, internal measures and reports are based on cost-benefit analysis, and are not required to follow the generally accepted accounting principle

Tax accounting in the United States concentrates on the preparation, analysis and presentation of tax payments and tax returns. The U.S. tax system requires the use of specialised accounting principles for tax purposes which can differ from the generally accepted accounting principles (GAAP) for financial reporting.

Depending on its size, a company may be legally required to have their financial statements audited by a qualified auditor, and audits are usually carried out by accounting firms.

Speak with the right people

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