Auditing

Sawhney Consulting is registered auditor in United Kingdom as authorised by The Association of Chartered Certified Accountants.

We carry out audit whether it is required because of statutory regulation or is requested by you to gain added assurance that a regular independent review of your business and financial statements be carried out. Our Audit Planning and strategy is aimed to assess business risk tailored for each of our clients to meet audit compliance and provide business advisory service to their specific requirements.

Company Audit 

  • Most small private limited companies don't need an audit of their annual accounts - unless the company's articles of association say otherwise, or enough shareholders ask for one.
  • If your company financial year ends on or before 30 September 2012, your company  may qualify for an audit exemption if your company meets both the following:
  • has an annual turnover of no more than £6.5 million
  • has assets worth no more than £3.26 million

 

If your company financial year ends on or after 1 October 2012, your company may qualify for an audit exemption if your company meets 2 of the following:

  • has an annual turnover of no more than £6.5 million
  • has assets worth no more than £3.26 million
  • has 50 or fewer employees on average

 

Companies that must have an audit

Your company must have an audit if at any time in the financial year, the company:

  • does not qualify the above audit exemptions or;
  • is a public company (unless it's dormant) or;
  • is a subsidiary company (unless it qualifies for an exemption) or;
  • is an authorised entity to carry out insurance, banking and investment activities.

 

Specialised Audit

At Sawhney Consulting we also have the experience and expertise to carry out specialised audits such as:

  • Solicitor’s Accounts
  • Friendly societies
  • Charities
  • Letting Agents: Regulatory authorities such as ARLA
  • Investment companies (Regulated by FSA)

Contact Sawhney Consulting  on 02087 821 149 for all your auditing needs.