Audit & Assurance

Audit and Assurance Services

R H Jeffs & Rowe provide audit and assurance services to organisations operating in a range of regulated and non-regulated sectors. Audit remains a core part of the firm’s work, and we continue to invest in audit capability, training and quality as demand for experienced auditors increases across the profession.

While many firms have reduced or withdrawn from audit work, we remain committed to this field and continue to act as Registered Auditors for companies and charities of varying size and complexity.

Our audit and assurance services

Audit and assurance services provide independent, objective assurance to users of financial and non-financial information, supporting informed decision-making by shareholders, trustees, regulators and other stakeholders.

Our services include:

• Statutory audit
  Providing a high level of assurance on annual financial statements, prepared in accordance with applicable legislation and UK auditing standards.
• Non-statutory audit and tailored assurance engagements
  Designed to meet specific user requirements where a statutory audit is not required or where additional assurance is appropriate.
• Special-purpose reports
  Independent reports prepared for particular users requiring corroboration of financial or other information supplied by an organisation.
• Regulatory reporting
  Reporting on financial information produced by regulated entities, including solicitors and other regulated businesses.
• Grant and funding assurance reports
  Independently audited reports required by grant providers and funding bodies.

Sector focus

We provide audit and assurance services to a broad range of organisations, including:

• Charities and not-for-profit organisations
• Limited companies
• Registered societies and social and sporting clubs
• Solicitors, including Solicitors Regulation Authority reports

Our audit approach and quality

Our audit approach is risk-based and proportionate, developed with reference to each organisation’s governance arrangements, financial systems and operating environment.

We apply a recognised audit methodology supported by a specialist audit training and compliance provider. This framework ensures full compliance with ISAs (UK) and includes:

• Regular in-house audit training
• Independent cold file reviews
• Up-to-date audit documentation and disclosure checklists

How we work with clients

Audit fieldwork is planned to minimise disruption and is carried out by experienced staff, led by a qualified client manager with active involvement from the engagement partner throughout the assignment.

During the audit, we focus on key risk areas relevant to the organisation, which may include income recognition, payroll, expenditure controls, grant and fund management, provisions, accruals and year-end adjustments. We also consider governance-related controls, such as banking arrangements and authorisation procedures, where appropriate.

Statutory accounts are prepared using recognised accounts production software and are fully compliant with applicable reporting frameworks, including FRS 102, SORPs, the Companies Act 2006 and the Charities Act 2011, as relevant.