Auditing

Accounts preparation and auditing are part of our day to day activities at Castlemaine Associates. With the current regime of filing deadlines and penalties, timely service has become all the more important. We pride ourselves in getting our clients' accounts and audits completed on time, well before their filing deadline.

Some consider historical accounts as only useful for satisfying statutory obligations. We however believe that the way your company has performed in the past can be a vital tool in planning for the future and can be used to assess areas of a business that require most attention.

Using the latest computing systems we will prepare your accounts promptly and efficiently. We will then provide you with a clear explanation of your accounts and tax situation to ensure that you have a full understanding of the figures prepared for you.

As Registered Auditors we can cater for all business sectors which require an audit.

You may want the assurance of audited accounts when dealing with potential finance providers or purchasers or indeed banks, which require audited accounts as a condition of an overdraft facility.

Other benefits of an audit include:

Key suppliers may want assurance of your company's financial health
Revenue & Customs may require audited accounts
The audit provides reassurance to you that you are presented with a faithful record of your company's financial performance and position
The audit helps to detect fraud and there is the risk the accounts can contain undetected errors
Now Companies House will randomly examine accounts to check high standards have been met so an audit will help to achieve this
With present money laundering compliance measures, an audit will provide greater assurance to the directors of the accuracy of the financial statements
Provision of audited accounts to credit agencies will enable access to further finance
Audited accounts can aid with succession planning as your business grows
We can report on any operational weaknesses in your accounting systems and readily make recommendations for their improvement
The audit can identify any potential going concern problems at the outset of an audit and this will also aid cash flow
Audited accounts will reduce the risk of Revenue & Customs commencing an investigation as now most other audit exempt companies probable will have submitted non-audited accounts and so you will save cost and time associated with a potential investigation
If family parties are involved in your business now or in the future, an audit would enable the inspection of the accounts by an independent person who can look at the business objectively and manage any potential conflicts that may arise in the future
In all our audits, we aim to ensure procedures are in place at all levels to ensure that all our audits are conducted in accordance with best practice and auditing standards

As Registered Auditors we can cater for all business sectors which require an audit.

You may want the assurance of audited accounts when dealing with potential finance providers or purchasers or indeed banks, which require audited accounts as a condition of an overdraft facility.

Other benefits of an audit include:

Key suppliers may want assurance of your company's financial health
Revenue & Customs may require audited accounts
The audit provides reassurance to you that you are presented with a faithful record of your company's financial performance and position
The audit helps to detect fraud and there is the risk the accounts can contain undetected errors
Now Companies House will randomly examine accounts to check high standards have been met so an audit will help to achieve this
With present money laundering compliance measures, an audit will provide greater assurance to the directors of the accuracy of the financial statements
Provision of audited accounts to credit agencies will enable access to further finance
Audited accounts can aid with succession planning as your business grows
We can report on any operational weaknesses in your accounting systems and readily make recommendations for their improvement
The audit can identify any potential going concern problems at the outset of an audit and this will also aid cash flow
Audited accounts will reduce the risk of Revenue & Customs commencing an investigation as now most other audit exempt companies probable will have submitted non-audited accounts and so you will save cost and time associated with a potential investigation
If family parties are involved in your business now or in the future, an audit would enable the inspection of the accounts by an independent person who can look at the business objectively and manage any potential conflicts that may arise in the future
In all our audits, we aim to ensure procedures are in place at all levels to ensure that all our audits are conducted in accordance with best practice and auditing standards

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