WHAT WE DO
At The Audit Experts, our goal is to make the auditing process as seamless, precise, and worry-free as possible. Founded and led by ex-Big 4 specialists, we understand the audit pressures that firms face – from growing complexity to tight deadlines and capacity constraints. That’s why we operate as a true extension of your team when we complete audit work for you and your clients.
For accounting, tax, and consulting firms not licensed to undertake audit work, we function as an audit division, allowing you to enhance your service portfolios and retain your clients. We exclusively provide audit and assurance services, including performing audits and providing audit opinions to clients of accounting, tax, and consulting firms.
We also collaborate with audit firms facing growing complexity, seasonal workload spikes, and rising client expectations, looking to outsource their auditing activities. We provide a tailored service, delivering complete and comprehensive assistance across all audit engagements, conducting hot and cold reviews of audit files, and providing technical support on any accounting matters encountered during the audits.
Our mission is simple: protect your standards, uphold your reputation, and free your team to focus on higher-value work. Whether you need surge capacity, technical expertise, or a partner you can trust to get it right the first time, we’re here. After all, two teams are better than one.
The services we provide require registered auditor status by a recognised professional body. We are registered with the Association of Chartered Certified Accountants (ACCA) and are authorised to operate as registered auditors in the UK under registration number 2000001015.
Who Requires an Audit?
For the financial year beginning April 2025, companies that reach or exceed two or more of the following criteria are legally required to have a statutory audit:
- More than 50 employees on average
- Gross assets worth more than £7.5 million
- An annual turnover of more than £15 million
What and why?
The annual financial statement summarises the company’s assets, liabilities, performance, and financial position. Many stakeholders, including lenders, suppliers, customers, and shareholders, use this report when making decisions. We conduct external audits of financial statements, offering assurance to stakeholders that these reports accurately reflect the financial performance and position of the business, and that they have been prepared in compliance with applicable accounting standards. Our personnel have extensive experience working with Big 4 and Top 20 audit firms, as well as dealing with UK regulators. Our understanding of their expectations enables us to increase the quality of your audits. We have significant experience in performing company and group audits.
Our internal audit service aims to help your board and leadership teams accomplish corporate objectives by proposing innovations and improvements. An internal audit has always been one of the pillars of good governance and should be a key component of any organisation’s governance framework. It ensures the integrity of the most basic internal controls, aids in the detection and prevention of fraud, and verifies adherence to corporate governance codes, laws, regulations, and policies. Internal auditing is essential for risk management; it looks beyond financial risks and assists companies in navigating potentially hazardous environments.
A CASS audit is a necessary requirement for investment firms that hold their clients’ money and/or custody assets in connection with their regulated activities. Our team has performed client asset work for a variety of regulated entities, such as banks, fund managers, wealth managers, brokers, and insurance firms.
We provide a reasonable opinion to confirm whether the firm maintained sufficient systems to comply with the relevant rules during the specified period and whether the firm remained in compliance with those rules at the end of the period.
We also offer a hybrid opinion. This is for firms that hold their clients’ money (CASS 7) but do not hold custody assets (CASS 6), or for firms that hold custody assets (CASS 6) but do not hold client money (CASS 7). We also provide limited assurance CASS opinion to firms that don’t hold either, to confirm that we found no evidence suggesting that client assets or funds were held during that period. The CASS auditor is required to submit their report to the FCA within four months following the conclusion of the firm’s accounting year.
Over the past few years, sustainability and ESG have received a lot of attention from the government, regulators, and accounting bodies, which has resulted in heightened regulatory challenges for businesses. Additionally, the International Sustainability Standards Board (ISSB) released two standards, IFRS S1 and IFRS S2, pertaining to climate-related disclosures and sustainability-related risks and opportunities. These standards are effective for annual reporting periods starting on or after January 2024.
As part of our ESG audit, we carry out a risk assessment to identify the climate change risks the business is exposed to and to ascertain how management identifies and responds to these issues. We also conduct audit work to evaluate the completeness and accuracy of the ESG disclosures reflected in the financial statements and to review the financial balances that have been impacted by climate-related risks.
As an added-value service, we also provide insight and advise the board and management on how to include sustainability, social impact, nature, and climate change policies into their reporting and business models.
It is not uncommon for businesses to request an external expert to help them provide opinions on specific projects. Depending upon the scope, this work can provide limited assurance or be completed to a level expected from the audit. Some of the assurance services we provide include quarterly reviews, profit verification assessments, agreed-upon procedures, semi-annual reviews, and evaluations of internal controls over financial reporting.
We offer assurance services to enterprises of all sizes and types. We conduct the work and consult with management before submitting our report to the board, audit committee, group auditors, or UK regulators (including the Financial Conduct Authority), in accordance with the scope of work.
The audit process places a great deal of strain on the finance team. In addition to business as usual, they must deal with the auditors, gather data from multiple departments, and provide or monitor information requests. This is especially true for large corporations or public interest entities that are audited by Big 4 or Top 20 audit firms. Auditing is a mandatory activity and, as a result, is prioritised by those charged with governance.
This is where we come in. Our team has individuals from Big 4 and Top 20 audit firms who have experience auditing large corporations and public interest organisations. We are well-equipped to assist with your audit since we know exactly what the auditors are looking for.
You can rely on the skilled staff at The Audit Experts to assist you with any forthcoming audits, and rest easy under the assurance that we will manage communication with your auditors and handle any technical accounting issues that may arise. If you need any kind of audit support, please don’t hesitate to contact us by telephone or email.
Testimonial
Focus Somar Audit & Tax Accountants
Chartered Certified Accountants
We are a firm of chartered accountants, offering audit, accounting and tax services to our clients. We are currently working with The Audit Experts as they are providing audit support services to us to help further strengthen the quality of our audits. We found our alliance with The Audit Experts to be extremely beneficial for our growing audit firm as they worked with our audit team members to challenge our risk assessment, audit approach, and conclusions. Their challenge and support provided me with greater confidence in the audit before I signed the audit report. The Audit Experts also conducted training for our staff members and trained them on a number of audit areas, which helped my team remain up to date with any changes in accounting and auditing standards.
The Accountancy Network
MAAT Accountants
We are a small accounting firm in Fleet. As we are not registered auditors, we are unable to offer auditing as a service to our clients if they require it. We are therefore thrilled with our collaboration with The Audit Experts. The Audit Experts’ most appealing aspect is that they complement the services we offer to our clients, allowing us to have an experienced audit department that serves our clients’ requirements without any additional costs. The feedback they have received demonstrates the seamless execution of the audit, which is a testament of the level of expertise they possess. Their team members have a lot of experience managing client relationships which helps the smooth closure of the audits they perform. I would be delighted to endorse The Audit Experts to any firm or business in need of auditing services.
Yussouff & Co.
Chartered Accountants
For the past 25 years, we have been offering audit, accounting and tax services in the United Kingdom. We were serving a handful of audit clients. However, due to the ever-increasing compliance requirements of Audit firms, we surrendered our audit licence and therefore resigned as auditors. The partnership with The Audit Experts allows us to continue delivering non-audit services to our clients without impacting our relationship as The Audit Experts stepped in to provide auditing services to our clients and work with us as one team.
