020 8429 8800
We’ve particular expertise in 4 audit & assurance areas:
UK subsidiaries of foreign owned companies
Retail, restaurant hospitality, and e-commerce sectors
Manufacturing and distribution companies
Training other accountancy firms in audit matters
A good auditor gets under the skin of your business, helps you identify your strengths and weaknesses, and flags up opportunities as well as risks. Are all your numbers and reporting systems in good order?
No costs, no obligations, no nonsense
What exactly is an audit?
Once a company reaches a certain size in the UK, or if a member of a group with worldwide size, If two out of the following three factors exist, an audit is mandatory.
Then the law insists the accounts are subject to audit. Law firms and solicitors who hold clients’ money are also subject to independent checks by qualified auditors.
An audit is an independent assessment and provides an opinion as to whether the financial statements show a true and fair view. The audit report is made available to the company’s directors and shareholders.
We know how frustrating the audit process can be for dynamic businesses. We can help company bosses cope and we have the awards to prove it. See our awards here, or set up a discovery call.
No costs, no obligations, no nonsense
So, what’s an assurance report?
An assurance report is designed to give decision-makers a sharper picture of a business. A full audit is about establishing all the facts that enable us to state the accounts show a ‘true and fair view.’ However, an assurance report focuses on the accuracy and reliability of a specific section of a company`s accounts, as requested by the directors.
An audit is an in-depth and unbiased report on all business activities. An assurance assignment by contrast, can be tailored to your requirements. For instance, one company required this so that its turnover figures were validated before it could apply for a Queen’s Award for Enterprise.
For us, it means going beyond the numbers to look at your operations and procedures to provide you with more meaningful information. Often an assurance report is a tool for providing additional comfort to investors and funding institutions.
Want to know more about the difference between audit and assurance? Book a call.
No costs, no obligations, no nonsense
ways audit and assurance are good for growth
Shareholders and Investors
Sale of a Business
Securing Investment
If you need new investors to help you grow, they will derive confidence from the audit, especially if it has been conducted by a company with the reputation and expertise of Sobell Rhodes LLP.
Prevention of Fraud
While an audit can’t discover all misappropriations, it can uncover fraud. The sooner this is detected, the less damage is done to the business.
Business Improvement
A good auditor gets under the skin of your business. We’ll help you identify your strengths and weaknesses. And if your systems are holding you back, we’ll recommend solutions.
Unidentified Opportunities
Our audit team can suggest opportunities as well as highlight risks so your company can function more effectively.
Want to know more about the difference between audit and assurance? Book a Discovery Call
No costs, no obligations, no nonsense
” Sobell Rhodes say they are proactive accountants. I have seen this first-hand. When they audited our business, they saw we were in dispute with a retail centre over our electricity bill. They introduced us to an electricals consultant, who went and investigated the situation. The long and the short of it, we got around £150,000 off the bill.”
Name withheld
Other services include:
Buying and selling businesses
We help both buyers and sellers by going beyond the numbers to find the genuine value of the business.
Fast growth businesses
We have businesses manage fast growth to safely negotiate all the pitfalls and problems it can bring.
International businesses
No costs, no obligations, no nonsense