Statutory Audit Service
A passion for audit is at the heart of the DSK business.
Whether you need a statutory audit or you choose to have an audit due to other business requirements, you will end up with a wealth of information that can be used to boost your profits and fine-tune your business.
At DSK, we have a strategic approach and take every aspect of your business or organisation into consideration when conducting statutory audits, which includes key risks, governance, commercial issues, financial performance and outlook.
"Our goal is to help you comply with statutory obligations, improve financial performance and conduct an annual audit with minimal disruption or fuss."
Dhiraj Shah, Audit Partner
Frequently Asked Questions
A statutory audit is an independent review of your financial statements required by law once your business meets certain size thresholds. It confirms that your accounts present a true and fair view and comply with UK GAAP or IFRS.
No. Only companies above certain size criteria must have an audit, although many choose one voluntarily for greater transparency, stronger governance or lender requirements.
Our audits give you insights you can use. We highlight risks, strengthen controls, improve financial performance and provide confidence to stakeholders such as lenders, investors and trustees.
This depends on the size and complexity of your organisation. We use a tailored audit plan and work efficiently to minimise disruption, often completing fieldwork within a few weeks.
We usually request your trial balance, supporting documentation, bank reconciliations, key contracts, governance papers and any sector-specific information. We provide a clear request list from the outset.
We don’t just tick boxes. We help you strengthen your systems, improve profitability, anticipate risks and make more informed decisions. Our findings are practical, not generic.
No. We plan ahead, agree timelines with you and work as smoothly as possible. Many clients comment on how low-impact our process is.
Many do, depending on their income levels and regulatory requirements. We have extensive experience in charity SORPs and governance expectations.
Take the First Step
To speak to a partner or for more information about the services we offer please contact the DSK offices or complete our contact form.