Statutory audit services to give assurance and peace of mind

At David Howard, we know that accurate financial reporting builds trust. Our audit services give stakeholders the assurance they need for compliance, investment and long-term planning.

We carry out audits to UK standards for small businesses, growing companies, and larger organisations. Each audit is tailored to your business to ensure compliance, highlight improvements and deliver clear results.

Why choose our audit services: 

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Efficient delivery: Fast turnaround and minimal disruption, so your team stays focused on running the business 

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Assurance: Independent checks give credibility to your financial statements and internal controls

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Exceptional value: Meet statutory responsibilities at an affordable level without sacrificing quality 

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Commitment: Independence, strict confidentiality and professional standards guide every audit

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Insight: Identify risks, challenge assumptions, and reduce organisational risk

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 Advisory support: Turn audit findings into  plans for growth and a sharper financial view 

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Business Benefits: Use the audit to improve processes, resolve issues, and strengthen performance 

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Peace of mind: Directors know obligations are met, accounts are accurate, and issues are identified early

Book your free 1 hour consultation today
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Decades of Audit Experience Backed by Clear Communication

With decades of experience, David Howard provides reliable audit services for businesses of every size. We combine technical expertise with clear communication to guide you through each stage, keeping your audit thorough, compliant and tailored to your needs.

We see our clients as partners, working through open dialogue and practical advice to deliver an audit experience that is consistent, professional, and transparent.

Our Communication Commitments

Dedicated Point of Contact: A senior auditor guides you through the process
Clear Audit Plan: We set out a structured timeline with key stages, deadlines, and responsibilities
Regular Updates: We keep you informed with progress reports and check-ins throughout the audit
Post-Audit Review: Debrief to walk through the final audit report and areas for improvement
Constructive Feedback: We explain findings in plain terms with next steps

Proactive Approach and Clear Reporting on Our Financial Health

During the audit process, the team's proactive approach and understandable reporting they provided us helped us gain a comprehensive perspective on the financial health of our company

- Seçil Delice, Erbay UK Limited

Book your free 1 hour consultation today
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Audit Services FAQs

If you have more questions about audit services or how we can support your business, contact us for clear, practical advice.

How long does a statutory audit take?

It depends on size, turnover, complexity. Usually several weeks from planning to report. We’ll give you a timeline in advance.

How often is an audit required?

 Once a year for companies that meet the statutory thresholds. 

What happens if we don’t need a statutory audit?

 You may opt for a voluntary or internal audit. These provide many benefits though they're not a legal requirement. 

Will audit be expensive?

 Cost depends on how complex your accounts are, how organised your records are, size of your company. We give clear quotes in advance. 

Do I need independent auditing services?

Yes. Statutory audits require an independent auditor who is not connected to your company. Independence ensures the audit is objective and credible to stakeholders.

What is the role of an auditor?

Yes. Statutory audits require an independent auditor who is not connected to your company. Independence ensures the audit is objective and credible to stakeholders.

What is the audit opinion?

An auditor examines your financial records and internal controls. They verify that your financial statements are accurate and comply with legal requirements. Auditors also identify risks and suggest improvements.

What happens if my financial statements are not approved by auditors?

If auditors cannot approve your financial statements, they will issue a qualified or adverse opinion. This signals issues in your accounts that need correction or disclosure. You may need to make adjustments or provide explanations.

Is a grant audit the same as a statutory audit?

No. A grant audit focuses on verifying how grant funds were spent, often against specific funding terms. A statutory audit reviews your overall financial statements and compliance with accounting standards.

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What a Statutory Audit Involves

 

Statutory audits are a key part of our audit services. They examine your financial statements and internal controls to ensure accuracy and compliance. 

We will:

  1. Plan the audit based on your business risks.
  2. Gather evidence via tests, sampling, and document review.
  3. Assess issues like fraud risk, going concern, and compliance.
  4. Report findings clearly. You receive an audit opinion and suggestions

Do You Need a Statutory Audit?

 

From 6 April 2025, new thresholds apply in the UK. If your company exceeds two out of three criteria, an audit is mandatory.

Criterion

From 6 April 2025

Turnover

£15 million

Balance sheet total (gross assets)

£7.5 million

Number of employees

50

If you meet at least two of these thresholds in a financial year, you will need a statutory audit. Even if you fall below, many businesses choose to have an audit for credibility, to satisfy lenders or investors, or to strengthen internal controls.

 

What are the Auditing Standards?

 

Auditing standards provide a structured framework for performing audits, detailing the auditor’s objectives, required procedures and how to report results

In the UK, these include:

    • ISQC (UK) – quality control standards

    • ISQM (UK) – quality management standards

    • ISA (UK) – adapted from international ISA for UK-specific applicability