Small Business Auditing in East London

There are a lot of small Audit Firms in London. Given that London is one of the World’s great financial hubs this is hardly surprising – there are a lot of large firms too. But when there is so much choice, and so many firms claiming to be the best there is how do you choose?  And do you really need one anyway?

All medium and large businesses legally bound to undertake a statutory audit annually – Which means that if your business falls into either of those categories you definitely do. Look for an Audit Firm that will turn this yearly chore into an annual opportunity by delivering a detailed picture of your financials, along with comprehensive risk assessments and analytics. Reports like this will assure you that all applicable regulations have been followed, and really must be compiled by properly qualified Auditors. Such reports also provide directors, shareholders and other stakeholders with detailed and clear information about the state of your business.

Such information is so useful that a lot of small businesses conduct an annual audit do so anyway, considering it a good investment because the information is so useful. Our audit team in East London can explain how a non-statutory audit will show you how healthy your business’s position is – which in turn can be useful evidence to show your bank when you are seeking finance or investment. A good audit firm will supply information which will allow you to show your company’s compliance with UK tax regulations, making sure your standing with authorities, banks and other institutions remains high.

Choosing a smaller firm such as MMBA also makes a great deal of sense. Large firms have flashier offices and more name recognition perhaps, but size is not always a virtue. As a smaller but high performing firm we can deliver “big firm service”. In fact we would say our service is “value added”. Big London firms will put your account the care of a junior staffer, while our clients are always looked after by senior staff.

As a small business we would also suggest that you need an auditing firm that does more than auditing. When they are in need of business or personal tax advice London clients of MMBA know that our team is always ready to assist. Because we are a smaller firm we are more flexible and better able to help with all financial aspects of your business.

We can offer assistance outside London too. If you need an accountant in Luton, Cambridge or elsewhere we have staff on the ground who can help so whatever the size of your business, whether you have large premises filled with hundreds of staff or you work by yourself from a small office or even your kitchen table getting a full and  comprehensive audit conducted annually – whether the law demands it or not – is an extremely useful thing to do.

An audit can give you the data you need to see where improvements can and should be made, as well as helping you to create a road map which illustrates how you can realistically achieve real growth.

So, get a grip on what is possible for the future of your business and put your affairs into the hands of skilled and experienced people who have the right experience to help your business navigate the financial complexities of the business world. We have the skills. We have the experience. We have the people to guide your business to a bright financial future. It all starts with an audit, but from there, anything is possible.