We have invested in some of the most advanced audit and accounting software available which provides an audit-integrated tool for producing financial statements across a wide range of entity types.
Furthermore with HMRC mandating the filing of UK company accounts and Corporation Tax returns in iXBRL electronic format we are well placed to assist you in meeting these new requirements.
Our clients find our fees to be surprisingly competitive, whilst enjoying the professional yet personal service our experienced team delivers. The time required to plan, customise and document the audit is dramatically reduced and our work is consistent and easier to manage. This will also ensure that future audits are carried out more speedily and therefore reduce the impact on your own operations.
A number of clients come to us after hiring large accounting practices, where there is a tendency to send inexperienced juniors on audit visits to clients. This combination of accounting inexperience, lack of regulatory awareness and knowledge about the client's business sector can lead to higher charges and a poor level of detail within the audit.
The annual audit can sometimes feel like a time-consuming and expensive process that only benefits the statutory authorities. We make sure all your onerous reporting requirements are met as painlessly as possible- keeping banks, creditors, finance providers, and even the Inland Revenue, happy.
But more than that - we aim to offer you the kind of business advice that could help you to run your company efficiently and cost-effectively. We also offer expert corporate tax planning advice, to make sure you're as tax-efficient as possible.
We can test your performance against industry standards, even against your direct competitors. We'll review your accounts department and the control measures you currently use, recommending ways to improve. We might discover that your competitors are receiving payment more quickly than you, your stock levels might be higher than the industry norm, or perhaps your company takes longer than average to complete orders and sell finished work. Or there may be ways to improve your cash flow using some careful tax planning.
There's no such thing as 'just another audit client' at Parkinson UK - you're a growing enterprise, and your growth is the focus of our business. So don't be afraid of your audit - use it.
Details of our audit registration can be viewed at www.auditregister.org.uk, under reference number 1298917.