Accounting
and Audit

 

As you would expect from a firm of Chartered Accountants, the area in which we excel is the preparation of accounts for sole traders, partnerships, limited companies and other organisations, using specialised software.

Annual accounts prepared for statutory or taxation purposes and periodic management accounts can be prepared for clients requiring more frequent reporting of financial performance.

Comparison to budgeted figures and variance reports can also be incorporated into management accounts, giving relevant percentages and ratios.

Accounts are a vital management tool in the running of any enterprise and are tailored to the needs of each client to be as meaningful as possible. Bland & Co. understand the need for accounts to be prepared on a timely basis which is essential to expanding businesses or those seeking financial support.

Bland & Co. are competent to ensure that the accounts fully comply with the Companies Act and the requirements of other regulatory bodies. As registered auditors Bland & Co. are able to report on the accounts of limited companies as required by the Companies Acts.

In addition various regulatory bodies such as The Law Society, Pension Registrar, Registrar of Friendly Societies, ABTA and others require reports from Registered Auditors and Bland & Co. are able to carry out these reports.

Changes in legislation have raised the turnover threshold for compulsory audit of limited company accounts and whilst not having accounts audited may effect a reduction in costs, consideration should be given to the consequences of unaudited accounts on bankers and other suppliers of credit, major suppliers and customers.

Bland & Co. are able to perform internal audits for clients, either from the entire system or relating to a specific aspect.  The devising and implementation of systems of internal audit is a further service available to clients.

Compliance visits by the Contributions Agency and H.M. Revenue & Customs are becoming more prevalent and Bland & Co. are able to carry out detailed audits to ensure that clients are observing the myriad regulations in these areas.

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