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Why Choose Audited Accounts
Even though they qualify for exemption, some companies may still benefit from an audit. They include those who:
Are growing at a rate that means they may soon exceed the exemption limits;
Are vulnerable to a takeover (this would be for the purposes of negotiation and due diligence)
Are vulnerable to HM Revenue & Customs investigations
Need finance
Are bound by banking covenants
Have owners nearing retirement
have shareholders that have requested an audit.
All the above could benefit. Specific benefits would include:
The credibility of accounts for interested third parties (such as customers, investors, suppliers etc)
Compliance with banking covenants
The detection of fraud and/or error.
Whatever your company's status, an audit also represents a valuable opportunities to be fully informed as to the robustness of your company's internal structures, and to see whether they need restructuring or improving.
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Cheesmans 4 Aztec Row, Berners Road,
Islington, London N1 OPW
Tel: +44 (0) 20 7354 3914 | Fax: +44 (0) 20 7354 9816 | Email: contact@cheesman.co.uk
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