Many businesses need to provide comfort to investors and other stakeholders on their financial performance, even where a full audit is considered unnecessary or inappropriate – or is not required by law.
You may need to support key statements, assumptions and disclosures in your entity’s financial statements or consider the suitability of established accounting policies following a significant change in the business. You may also require a wider review of the operation of your finance function.
Commissioning cost-effective and focused assurance reviews on key areas of importance to your business, without the expense of a full audit, can be a major benefit in a variety of these situations, particularly for entrepreneurial businesses looking to scale up.
Meeting your needs
Our assurance review service, ROBUST (Review of Balances, Underlying Statements and Transactions), allows tailored and cost-effective examination of critical or important areas of your financial reporting systems and processes, without the expense of a full audit.
ROBUST provides focused levels of enquiry, giving comfort to management, as well as investors and other stakeholders (if required) in relation to the entity’s financial information.
ROBUST gives you the peace of mind that comes from having an external review. It can also help give you easier access to finance, or finance on better terms, by demonstrating accuracy of critical financial areas.
Through our membership of Nexia International and our extensive network of contacts around the world, we can support your business if you’re expanding overseas, setting up in the UK or already operating internationally.
How we can help
- Audit: Comprehensive statutory audit services provided through Nexia Smith & Williamson.
- Assurance: Regular tailored reviews of any aspect of your financial processes or statements including analytical appraisal, examination of balance sheet items or assessment of your controls.
- Independence: We report on the facts on an objective basis to provide the appropriate level of comfort.
A top ten UK accountancy firm, as ranked by Accountancy Age. (Source: Accountancy Age, 2018)
Longstanding relationships to support clients’ business and personal interests throughout the business lifecycle.
Member of Nexia International, a top ten global network of independent accounting and consulting firms with over 500 offices in more than 120 countries.
Regular contributors of expert commentary on assurance issues in the national and trade press.
Actively involved in leading trade and industry bodies to shape the changes affecting your business.