Accounting & Financial Auditing Services
- Experienced team of certified auditors
- Free, no-obligation consultation
- Comprehensive audit services for local and national businesses.
Ward Goodman’s Financial Auditing Services
We provide comprehensive audit services, including account auditing, financial audit services, and compliance audit services, tailored to meet our clients’ needs.
In addition to standard audit and accountancy services, we offer specialised services such as business valuations, acquisitions, disposals, and other tailored solutions to enhance our audit services.
How Our Account Audit Experts Can Help
Financial Accuracy
Ensuring accuracy and reliability of their financial statements crucial for decision-making, compliance with regulations, and building trust with stakeholders.
Identifying Efficiency Gaps
Uncovering inefficiencies in financial processes, internal controls, and risk management practices to help mitigate financial risks.
Compliance & Risk Management
Our audit services help clients stay compliant with accounting standards, tax regulations, and other legal requirements.
Strategic Decision-Making
Our audit services provide insights and data that support strategic decision-making, investment planning, mergers, acquisitions, and other business initiatives.
Hear What Our Clients Have To Say
Ward Goodman consistently exceeds the expectations of our valued clients in account auditing by delivering exceptional service.
Frequently Asked Quetions
Common questions about Ward Goodman’s financial auditing services
What are audit services?
Who needs auditing services?
- an annual turnover of more than £10.2 million
- assets worth more than £5.1 million
- 50 or more employees on average
These are currently being reviewed by the Government and may change in the coming months. Some suppliers and lenders may require an entity to have an audit, even if the thresholds are not met. See our charities page for more information about charity thresholds
How does auditing work?
The audit process is made up of three main steps; planning, fieldwork and completion.
The planning stage will involve enquiry with key members of the finance team and those charged with governance to get to understand more about the entity and its activities in the year. At this stage the auditor will look to understand your internal financial systems (including IT) and processes and the financial controls in place. There will also be a focus on assessment of risks and the auditor will set a materiality level at this stage.
Fieldwork will involve the majority of testing of balances. This will likely include a mixture of analytical procedures, testing of financial controls and sampling of balances in the accounts to supporting documentation. We offer availability to conduct the audit fieldwork through on site attendance or predominantly remote methods depending on your requirements.
The completion stage will involve finalising the financial statements and reports for the year and at this stage we would also suggest best practice in areas that have been identified in your entity to ensure that the processes in place are suitable.
How long does an audit take?
What is the cost of an account audit?
Your first meeting with one of our advisers is complimentary, with no obligation. The fee is determined based on the anticipated level of work.
We will provide an initial quote; however, the charge may be adjusted if additional work is required beyond what was initially anticipated. Payments will be charged periodically throughout the assignment, with larger audits typically involving three or four-stage payments.
What industries do you specialise in for audit services?
The Process
Initial referral or inquiry
Whether you’ve been referred or inquired yourself, our team will reach out to you in a timely manner
Free consultation
We offer a no-cost, no-obligation meeting at one of our offices, or over the phone
Quote and setup
We’ll provide you with a tailored quote and when you’re ready, our account auditing team will begin services
Book a Meeting
If you would like to discuss further, please book a meeting with an experienced member of our team. Simply let us know when’s best for you and we will get in touch to arrange a suitable time.
Why Choose Ward Goodman?
Client satisfaction is paramount to us. We have a broad range of clients, and we endeavour to offer them the best service possible through continuous improvement and focus on doing things right the first time.
Experienced Audit Experts
Our Dorset-based team can advise and support any size of business locally or nationwide.
Customised Audit Solutions
Flexible, bespoke service covering all aspects of financial auditing services.
Access to a Full Team of Finance Experts
From our pension advisors to independent financial planners.
Our Awards and Accreditations
AAT Qualified
Xero Certified
ICAEW Membership
Partnerships
Experienced Auditing Experts
Ward Goodman’s dedication to excellence is embodied through our team of helpful experts:
Davina Seymour
Bookkeeper
Torie Freestone
Trainee Client Services Manager
Anthony Boni
Trainee Client Services Manager
Other Services You May Be Interested In
We manage all of the standard audit, accountancy, and compliance services required for our clients.
We provide valuation services, valuing businesses and unquoted company shares.
If you are running a business, you will be involved with a wide range of taxation obligations.
