Are your Audit fees rising?

The Big Four accountancy firms and the other larger nationals clearly realise that it's a seller's market when it comes to audit services – their audit fees have jumped by over 10% over the last year. Despite the increase in the audit threshold both small and larger companies rely on us for a better deal. We offer first-rate audit services, but with a more client focused approach. Your company may qualify for an audit exemption.

Continue Reading Are your Audit fees rising?

The future of small entity reporting

Small Limited company accounts were previously prepared using the Financial Reporting Standard for Small Entities (FRSSE). However, the FRSSE is withdrawn for Accounting Periods Commencing 1 January 2016 (therefore usually year-ends of 31 December 2016 onwards) and replaced by either:r...

Continue Reading The future of small entity reporting

A new Apprenticeship Levy is due to come into effect in April 2017

As an employer, you'll have to pay the Apprenticeship Levy each month from 6 April 2017 if you have an annual pay bill of more than £3 million or are connected to other companies or charities for Employment Allowance which in total have an annual pay bill of more than £3 million.

Continue Reading A new Apprenticeship Levy is due to come into effect in April 2017

The wait is over – The New UK GAAP has arrived

The new - and long awaited - UK GAAP - FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, has arrived with the first financial statements hot off the press for the year ended 31 December 2015.

Continue Reading The wait is over – The New UK GAAP has arrived