UK statutory audit
An audit of the UK entity’s financial statements, with attention to local activity, intercompany balances, funding and significant judgements.
UK audit and reporting.
Aligned with your group timetable.
Partner-led UK statutory audit and reporting for overseas CFOs, group controllers and local finance teams. Agree the UK deliverables, group dependencies and timetable before the work starts.
London based · UK-wide support · Working alongside your group finance team
ONE ENTITY. DISTINCT RESPONSIBILITIES.01 / ASSURANCE 02 / REPORTING 03 / GROUP REQUIREMENTS
Know what your UK engagement covers.
UK statutory accounts
Accounts preparation under the applicable UK framework, including FRS 102 where relevant, can be agreed separately. Clarify how group records translate into UK statutory accounts.
Accounts preparation ↗︎Parent-auditor deliverables
Work required by group auditor instructions, including agreed reporting packages and clearance memoranda, is scoped separately. These deliverables are not automatically included in a UK statutory audit.
BUILT AROUND YOUR TEAM
One UK contact for your group finance team.
Bring us into the conversation with your overseas finance team early. We establish who prepares the UK records, who resolves group balances and who needs the final outputs.
We can discuss audit alongside your existing accounts or tax adviser, or separately scoped reporting support. Additional services are subject to independence checks.
A useful first conversation starts with:
- Your latest UK accounts and ownership chart.
- The year end and earliest group reporting deadline.
- Any parent-auditor instructions.
- Who prepares the accounts and tax return.
- Significant changes, funding or reporting issues.
No need to assemble a full audit file before contacting us.
SCOPE BEFORE PRICESmall UK turnover?
Small UK turnover?
Still worth a conversation.
A limited-activity entity can sit within a substantial overseas group. We assess suitability through responsibilities and complexity, rather than rejecting enquiries based solely on UK turnover.
What shapes your fee?
The activity, assets, accounting framework, records, timing and group deliverables. Overseas ownership alone does not trigger an automatic surcharge in our estimator.
Audit, accounts preparation, tax and additional group work are identified separately. An estimate is indicative, excludes VAT and is subject to an agreed scope and acceptance.
Start the scope questions ↗︎YOUR PARTNER RELATIONSHIP
Clear responsibilities across the UK engagement.
Your engagement team coordinates the UK audit, with partner involvement in significant risks, accounting judgements and conclusions. We agree responsibilities for local records, group reporting instructions and communication with the overseas team.
Meet the firm ↗︎How we organise the work
We provide an audit approach memorandum and an information and sample request list. Evidence is shared through the agreed document area, organised by audit area. We agree who supplies UK and parent-company information, identify outstanding items and raise significant issues for partner attention. This gives your team a practical basis for allocating work and tracking what remains.
Your questions, answered.
Does an overseas parent’s audit cover the UK subsidiary?
Not automatically. The UK statutory audit and work requested by the group auditor are different requirements. We establish which you need before proposing the scope.
Is a small UK subsidiary automatically audit-exempt?
No. Group size, eligibility and other conditions matter. We assess the UK position rather than relying on turnover alone. Read the UK subsidiary guide.
Can you help with FRS 102 or IFRS reporting?
We can discuss accounts preparation and reporting-framework support, including differences from group policies. The appropriate framework, deliverables and any conversion work must be agreed; audit independence requirements also apply.
Will you deal with our overseas finance team?
Yes. We agree contacts, information responsibilities and communication arrangements around the group timetable. Any additional work for the parent auditor is scoped expressly.
When might another provider be more suitable?
If your group requires a single international network across all jurisdictions, or specialist regulatory work beyond our agreed scope, raise that early. We will be clear about what we can undertake.
Can we change auditors close to the reporting deadline?
Tell us why you are considering a change and any unresolved matters from the previous audit. With your authority, professional enquiries and handover arrangements can begin as part of acceptance. We assess opening balances, access to relevant information and reporting dates before agreeing the engagement.
Before you request a proposal.
PRACTICAL GUIDE
What UK support does your group need?
Understand the difference between UK accounts, local audit and group reporting.
Read guide ↗︎PRACTICAL GUIDEThinking of changing auditors?
The handover, your team’s workload and first-year fee questions.
Read guide ↗︎PRACTICAL GUIDENeed consolidated accounts?
Explore separately scoped group accounts preparation.
Read guide ↗︎From first conversation to a clear proposal.
After the initial discussion, we assess the scope, timetable and fit. If we can proceed, the proposal sets out the work, fee, exclusions and information needed from your team. Appointment follows the necessary acceptance checks and agreed engagement terms.
AGREE THE NEXT STEP
Discuss your subsidiary ↗︎Let’s clarify your UK scope.
Tell us your organisation, year end and reporting deadline. We will review the scope and discuss whether we are the right fit.