Audit and Assurance

We provide audit and assurance services to a large number of clients,
and we pride ourselves on our high quality, client focused advice

We provide audit and assurance services to a large number of clients, and we pride ourselves on our high quality, client focused advice

Knowledge Base

Where we share our
in-house expertise
directly with you

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Knowledge Base

Where we share our
in-house expertise
directly with you

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Auditing Your Accounts

Audited accounts provide valuable and reliable information to external organisations such as banks, HM Revenue &
Customs and other parties who may use your statutory accounts to make financial decisions.

Audited accounts provide valuable and reliable information to external organisations such as banks, HM Revenue & Customs and other parties who may use your statutory accounts to make financial decisions.

Choosing a firm of accountants that believe in a carefully considered and appropriate audit approach is therefore essential to ensure that this publicly available information is prepared and presented correctly.

Friend Partnership adopts an individually tailored approach for each of our clients, ensuring that all circumstances are taken into consideration in setting the audit strategy.

Assurance and Practical Advice

In addition to audit services, we provide clients with other forms of assurance as well as practical advice including:

The preparation of your unaudited accounts

Independent reports on the accuracy of your previous statutory accounts

Specific “agreed upon procedures” for testing a particular area of your business

Friend Partnership audit and assurance team is also experienced in providing independent opinions in relation to completion accounts, service charge accounting and other reports

Statutory Audit Services

Good quality audits can bring considerable commercial benefits, but only when a knowledgeable and insightful approach is adopted. We develop in-depth knowledge of each of our clients and we use the audit process to explore our clients’ businesses and think about the potential issues they may face. Customs and other parties who may use your statutory accounts to make financial decisions.

This understanding enables us to offer new solutions to our clients’ problems, help them
learn from past performance and avoid issues in the future. We believe that an audit can and should add value to your business, and our business-focused approach is designed to ensure it does.

This understanding enables us to offer new solutions to our clients’ problems, help them learn from past performance and avoid issues in the future. We believe that an audit can and should add value to your business, and our business-focused approach is designed to ensure it does.

As registered auditors we are required to demonstrate our ongoing commitment to exacting quality and technical standards. The audits we prepare adhere to all professional standards issued by the Auditing Standards Board, the Financial Reporting Council and the Institute of Chartered Accountants in England and Wales.

Details about our audit registration can be viewed at www.auditregister.org.uk, under reference number C001019296

Expert Friend Partnership Statutory Audit

We maintain close contact with our clients throughout the year to ensure that we have a deep knowledge of their circumstances, performance and of the market in which they operate.

Delivers clear reporting, with no jargon
Helps you understand the financial performance of your business
Undertaken by a consistent team each year, with a thorough understanding of your business
Is managed by a hands on, attentive partner
Provides an efficient and cost effective auditing service
Presents your company in the most appropriate way to third parties
Friend Partnership audit and assurance team is also experienced in providing independent opinions in relation to completion accounts, service charge accounting and other reports

Financial reporting

Financial reporting is a vital aspect of corporate governance and Friends Partnership is skilled in handling this work on behalf of fast growth and entrepreneurial businesses, removing the burden and allowing clients to focus on developing their business.

Friend Partnership provides a variety of financial reporting services to help businesses meet their statutory reporting duties.

The Financial Reporting Services can include:

Preparation of audited financial statements
Preparation of unaudited statutory accounts for submission to Companies House
Reviewing your financial statements for compliance
Is managed by a hands on, attentive partner

Hands-on and Focused Financial Reporting Services will:

Remove the administrative
burden
from you/your staff

Only report information to Companies House which is legally required

Ensure that the financial figures you present are correct and accurate
Help you to present the right level of information to other third parties
Friend Partnership audit and assurance team is also experienced in providing independent opinions in relation to completion accounts, service charge accounting and other reports

Management Account Services

Monthly management accounts are an extremely useful tool for businesses at all stages of their development, providing valuable insights into performance and tools to aid decision making.

For many of our clients, we act in a combined business advisory and management accounting role, preparing and analysing key performance indicators, attending Board meetings and providing the financial information to enable clients to make informed strategic decisions.

For businesses with a dedicated finance team, we regularly assume a more removed role, either to perform high-level reviews of the monthly accounts or one-off involvement in the creation of a bespoke management accounts reporting pack.

Our monthly management accounts pack is designed to enable your accounting staff to easily import monthly figures from Sage or other commonly used accounting packages with minimal effort.

Friend Partnership can help your business with our management accounting and regular reporting service to help monitor your business. Talk to one of our specialist team today

Strategic Planning

Our partner-led approach ensures that we provide our clients with a value adding advice on a range of topics but especially on strategic planning and growth plans for entrepreneurial businesses. Friends Partnership has extensive experience which will help you implement your growth ambitions.

Strategic planning services from Friends Partnership include:

Effective business planning
Valuations
Developing appropriate company structures

Effective tax planning

Selling or buying businesses
Raising finance and developing bank relationships

By maintaining close relationships with our clients, we ensure that we are in a position to provide regular advice on emerging business opportunities or difficulties.

We are adept at assisting our clients to make improvements to internal accounting controls, systems and procedures, which improve the quality of the financial information available to management.

Friend Partnership can help your business with our management accounting and regular reporting service to help monitor your business. Talk to one of our specialist team today

Outsourced accountancy services

Our outsourced services may be particularly beneficial to entrepreneurial businesses and the UK subsidiaries of overseas companies that may not have the in-house resources or capabilities to perform these routine but important tasks.

Outsourced services from Friend Partnership include:

Management accounts
Payroll services
Bookkeeping and accounting records

Company secretarial

VAT – maintaining and completing your VAT returns and liaising with HM Revenue & Customs

By outsourcing your accountancy requirements to Friend Partnership, you can access help for your business wherever and whenever necessary, with our specialist support, knowledge and skills.

Friend Partnership offer flexible outsourced accountancy services. We tailor our service to make it compatible with your systems, policies procedures and timetables