Non-Statutory Audit Services in the UK – Clear Numbers, Confident Decisions
Independent Audit Services in UK by Makesworth
External Non-Statutory Audit Services are optional financial audits done by an independent auditor. It gives companies the same level of scrutiny and assurance as a statutory audit, but without the legal obligation. The majority of SMEs, start-ups, charities, and private companies utilise non-statutory financial audits to increase credibility, aid in funding applications, or merely to have even greater financial knowledge.
In today’s regulation-conscious UK business environment, an external non-statutory audit can assist in uncovering internal control loopholes, enhance transparency, and enhance investor or lender confidence, even if not required by law. Voluntary Audit for SMEs is especially beneficial for expanding businesses planning for expansion, succession, or strategic alliance.
At Makesworth, we offer independent audit services in UK with a focus on clarity, efficiency, and business relevance. Our Business audit services in UK feature a risk-based audit method tailored to your unique operations so that you can spot inefficiencies, stay compliant, and make the proper decisions. Should you need to improve internal reporting or meet stakeholder expectations, our non-statutory financial audits are designed to ensure that you meet your goals without complexity.
Benefits of Our Non-Statutory Audit Services :
- Improves internal controls and governance
- Builds stakeholder and investor confidence
- Enhances credibility with HMRC and regulators
- Supports funding, tenders, and strategic planning
- Customisable as per company structure and finances
What types of UK companies need an external non-statutory audit?
Non-statutory financial audits are normally undertaken by LLPs, startups, charities, and SMEs that are not statutorily audited but need independent financial assurance. Audits are mainly used in the case of investor due diligence, grant funding, mergers, or for stakeholder purposes.
How long does a non-statutory audit typically take?
The length of an external non-statutory audit compliance will vary depending on your business size and financial complexity. Our team usually takes 4–8 weeks to finish audits without interrupting business operations.
What standards and frameworks govern non-statutory audits in the UK?
Although they are not mandatory by law, non-statutory audits at Makesworth follow ISAs (UK) auditing standards. This approach ensures audit independence and integrity and enhances credibility of the audits in the eyes of third parties including investors, lenders, and regulators.
What level of support does Makesworth offer during and after the audit process?
Makesworth provides complete audit assistance—from audit scoping, risk assessment, and fieldwork to post-audit reporting and advisory. Recommendations are also provided to clients to improve internal controls and financial reporting processes.
Contact Us:
020 7078 7345
Email:
info@makesworthaudit.co.uk
