Although an audit is a necessary process performed for shareholders or as part of a constitutional requirement, it also provides added value in that it gives us a snapshot of the company performance and its strengths and potential weaknesses.
During the audit process, we aim to get a greater understanding of our clients’ operations and culture. Hall Morrice believes that honest and open communication is a cornerstone of a solid client relationship, and this applies to the audit process too.
We aim to provide a quality-led, risk-focused service that results in a constructive and challenging audit. The result may not always be what the client wants to see, but tackling issues flagged up in the audit process will ensure the company performs at the highest possible level in future.
Hall Morrice does not see an audit as a simple box ticking exercise. We aim to ensure that clients emerge from the process, stronger, more efficient, and with a firm plan that plots their course to future success.
During an audit – which will always be undertaken during an agreed timeframe - our clients receive the support of a dedicated manager from our Aberdeen or Fraserburgh office who will guide them through the process and keep them abreast of any potential issues that require immediate attention.
We can provide two separate types of audit:
We have an expert team of auditors equipped to help companies meet International Financial Reporting Standards (IFRS). This is a hugely complex process for any company, regardless of their size, and Hall Morrice aims to take the pressure off clients in meeting these requirements.
An annual audit should be seen as an opportunity to not only take stock of the company’s financial position, but to identify ways in which the business can be enhanced and maximised.