How accurate are your financials? 

Audit is not necessary until you've reached the Threshold. However you may want to consider it if your are seeking  funding or eexploring M&A opportunities such as EXIT.

We know that investors are placing increasing emphasis on risk management and transparency as they don't want to discover revenue miscalculations post-investment that could lead to costly goodwill write-offs.

Therefore, staying ahead by strengthening your financial oversight can help your business stand out in an increasingly competitive landscape.

More than ever, going beyond the numbers to actively support your business growth is essential.

A trusted professional will think holistically about you and your business needs and help you:

1. Shape your strategy
2. Review and align your financials
3. Manage external relationships

HERE ARE THE NEW THRESHOLDS:

Turnover increasing to over £15m from £10.2 m

Balance sheet increasing to over £7.5m from £5.1m

Number of Employees over 50

The new audit thresholds apply to groups, even if individual entities are classified as small and below the threshold.

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