We work hard to provide services that are always up to date on developments in the accounting industry. As a result we can offer the best support, including auditing Stoke Newington based clients can rely on. Regardless of the size of your needs, we are happy to work with everyone from all sectors. We deliver specialist advice every step of the way.
Technology Aiding Audits
When it comes to an audit, you need to know how a company has performed. There is a lot of data analysis involved due to the need to do a thorough inspection of an organisation.
Essentially an auditor will use their knowledge of the company to develop an expectation of how they have performed. They can then compare this to the real performance, looking at the differences. It may sound easy but it is far from it.
The methods in place to analyse data are often scrutinised by people who regulate audits. This is because they do not have as much of a detailed understanding of the company. But, new technology could help.
The idea is that programmes can be put in place so they can monitor data regularly. Then with the use of analytic tools they can compare and look at information in detail. Hopefully then artificial intelligence software can pick up on irregularities sooner. This could assist auditors with their work.
You Can Rely On Us
For over 30 years we have been providing quality services to all. Over this time, we have developed our knowledge to ensure we are the best at what we do. Our expertise includes:
-New Company Formations
-Company Rearrangements
-Auditing
-Bookkeeping
-VAT Returns
-Tax Enquiries and Investigations
If you would like to arrange a consultation, this is something that we also offer. It is a great chance to sit down with an accountant and discuss the situation. Brian G Lonis & Co provides various services once we understand your needs, including auditing Stoke Newington can depend on.
If you would like any more information on how we can help you, contact us at 02088 022 772.