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Assurance Review

While an audit is probably one of the most common forms of assurance worldwide it is not the only one.  In some cases, for small and medium sized entities where audit is not required by legislation, there are other forms of assurance that may be more cost effective and better suited to their owners’ needs. 

Quite often where a business owner or manager wants an independent review of an entity’s finances and procedures, an assurance can review and provide a more cost-effective solution than a full voluntary audit.

The assurance review provides limited assurance that the financial statements conform to the relevant accounting standards and principles.  The steps and procedures undertaken during the course of an assurance review can also alert management to trigger points and areas of sensitivity that may require further investigation, either internally or by us, in order to target more risks sensitive areas of a business.

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If you have any questions about how your business could benefit contact us today:

London 020 7731 6163 Edinburgh 0131 378 7589

“For the past 20 years Warrener Stewart has consistently given good advice... going above and beyond their remit.”
Theo Brehony - London Preparatory School Limited