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We want to share some of our accumulated knowledge with you! Stay up to date with the world of finance and accountancy and learn some tips and tricks that you’ll be able to apply to your business.

If you want to learn any more about any of the subjects we’ve covered, from small business tax advice, to how to complete a financial audit, get in touch today or visit our services page.

Audit

Service charge audit requirements

Within most leases there is often a requirement for the landlord to provide an annual statement of service charge expenditure to occupiers after a service charge period. It is common for the annual statement to be certified by the landlord’s...

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Audit

Accounting and auditing for bad debt provisions

Companies often believe that this is an easy calculation…just apply 10% against our debtor balance.Now this may work as an approximation for your management accounts but it won’t do for your annual financial statements. Below is a description...

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Audit

Accounting and auditing for property owned and used within a group

Generally, when a property is used to earn rental income then it will fall under the definition of investment property.The problem is that FRS 102 (Sept 2015) simply states that the where a property that is owned by one group company and is...

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Audit

How to reduce your audit fees substantially

Annual audit fees can often be substantial. However, in terms of reducing the overall cost of an audit you need to understand what is involved in the audit and what you can do to substantially reduce the amount of work carried out by the...

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Audit

Remote Statutory Audits

With no sign that the pandemic is going away, statutory auditors have been forced to rethink the way that they carry out their work so that they can protect their staff and the client while still producing a high-quality piece of...

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