Audit & Assurance
We pride ourselves on being part of the 8th largest Network of its type in the world. What we have that makes us different is the fact that each member firm is independently owned. We choose to work together and develop personal, beneficial relationships as a result.
In effect we feel we have the best of both worlds. We have the international reach to audit groups across the globe, calling on our Member firms to assist in other countries where required. We have detailed technical groups in the UK covering such topics as valuation and detailed GAAP compliance that we can call upon if required to support our local audit offering. What we don’t have, is a restrictive governance structure, we make all the business decisions locally ourselves. This makes us flexible, more efficient, more effective and practical.
So what does Audit & Assurance cover
Assurance – the financial statements and financial data have been audited and subjected to independent verification and review
True and Fair – a true reflection of the financial position of the business at the year end
Agreed Upon Procedures – for whatever reason it isn’t always practical or possible to provide an audit opinion on financial information. In many circumstances what is required is independent verification based on a number of set parameters. This is where our structure and practical approach is invaluable. We can discuss the needs of the client and suggest and design procedures which are acceptable to them, the regulator and comply with ethical standards.
Why ask Baker Tilly Channel Islands to fulfil your audit and assurance requirements?
- we spend the time getting to know your structure/business and understand your industry sector so we can assess the position from a base of knowledge and experience;
- we use innovative audit technology and methodology which gives superior control and quality assurance and increases the integrity of the final outcome;
- our structure allows high level involvement of the signing Director throughout the process, so no surprises late in the process
- when we agree a fee with you that is what we bill unless things change. We are not in the habit of looking to recover costs due to internal inefficiencies or to boost our revenue as a result of a low initial fee;
- we are open and honest throughout our dealings. We know that if there is an issue it needs to be resolved quickly, not two days before the opinion or report is due to be signed; and
- we listen to your thoughts and your needs from the process and design the work around those requirements.
Our service performance and delivery to clients is continuously assessed by independent assessors as part of our strategy of continuous audit improvement and membership of Baker Tilly International.
We are an alternative, with a recognised brand.
