Statutory Audit and Assurance

Delivering independent statutory audits, voluntary audits, and specialized assurance reviews. Regulated as registered auditors by both the ACCA and ICAEW.

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Rigorous Audit Quality and Assurance Standards

An audit is not merely a statutory obligation; it represents a powerful mechanism to ensure financial integrity, verify internal controls, and reassure lenders, shareholders, and institutional investors of your firm's stability. Our audit division provides methodical, objective testing of your financial statements, identifying operational vulnerabilities and structural opportunities for improvement.

We carry out both statutory audits for companies exceeding the audit exemption thresholds and voluntary audits for businesses looking to secure finance, prepare for sale, or strengthen corporate governance. Our audits are planned meticulously and executed under strict international standards on auditing (UK).

Complete Assurance and Audit Services

Our auditing and assurance scope includes:

Registered Auditors: Dual ACCA & ICAEW Accreditation

Sarmad Global Accountancy Services Ltd is fully regulated and authorized to carry out statutory audit and assurance work in the United Kingdom. Holding registered auditor credentials from both the Association of Chartered Certified Accountants (ACCA) and the Institute of Chartered Accountants in England and Wales (ICAEW), we are permitted to display both professional emblems, validating our exceptional technical standards and financial credibility.

Audit & Assurance FAQs

Under current UK law, a limited company is generally exempt from a statutory audit if it meets at least two of the following criteria in a financial year: an annual turnover of no more than £10.2 million, a balance sheet total of no more than £5.1 million, or an average of 50 or fewer employees.

Many owner-managed businesses commission a voluntary audit to secure better rates on bank lending, satisfy supplier requirements, prepare for an eventual corporate sale, or simply reassure non-active shareholders of absolute financial accuracy.

We work collaboratively with your internal finance team, preparing a detailed audit requirements checklist, organizing transaction testing scopes in advance, and minimizing operational disruptions during the audit fieldwork.

Yes, as registered auditors under both ACCA and ICAEW, we are fully authorized to perform statutory charity audits and independent examinations under the Charity Commission SORP framework.

Audit work is scoped based on the complexity, volume of transactions, and risk profile of the business. We provide a private engagement proposal after evaluating your trial balances and internal ledger systems.