Independent Auditors LLP was established in 2005 to provide a support service to small and medium sized accountancy firms. The increase in the audit turnover threshold together with the introduction of International Auditing Standards led many firms to consider outsourcing audit work and the introduction in 2010 of Clarified Auditing Standards is a further complication.
Independent Auditors evolved from a Chartered Accountancy practice based in Shrewsbury who considered the most efficient way of servicing audit clients. Outsourcing audit work is an attractive option and while there are many firms offering outsourced accountancy services there are few suitable independent audit providers.
Independent Auditors evolved from a Chartered Accountancy practice based in Shrewsbury who considered the most efficient way of servicing audit clients. Outsourcing audit work is an attractive option and while there are many firms offering outsourced accountancy services there are few suitable independent audit providers.
Services
Outsourced audit manager retain the audit assignment but use our expertise to guide you through the audit assignment. In this situation your own staff may be used to implement the field work. Registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales.
Q: How would the relationship usually work if we remained as statutory auditor? A: Independent Auditors (IA) would take on as much or as little as you requested. This may just be completion of the planning process and tailoring of the work programmes, or can also include 'manager' review and preparation of completion documents, and whatever advice you require throughout the audit process.
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