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.