Independent Auditors LLP was established in 2005 to provide a support service to small and medium sized accountancy firms. The increase in the audit turnover threshold together with the introduction of International Auditing Standards led many firms to consider outsourcing audit work and the introduction in 2010 of Clarified Auditing Standards is a further complication.
Independent Auditors evolved from a Chartered Accountancy practice based in Shrewsbury who considered the most efficient way of servicing audit clients. Outsourcing audit work is an attractive option and while there are many firms offering outsourced accountancy services there are few suitable independent audit providers.
Jon Dale BA, FCA specialised in audit at a top 20 firm and is now the lead partner at Independent Auditors. As audit specialists we are completely up to date with changing audit requirements and can plan and undertake an audit assignment in a highly efficient manner.
Our objective is to enable small accountancy practices to offer audit and related services to clients without incurring the costs associated with audit registration. We guarantee to have as much or as little direct contact with the audit client as the introducing firm requires, although obviously within the confines of enabling us to properly perform the audit. We guarantee not to work for that client other than in the performance of the audit and the introducing firm can maintain its existing relationship without fear of losing contact with the client.
We discuss with individual practices whether we sign the audit report enabling the firm to cancel its audit registration or act as an outsourced audit manager undertaking the work to enable the existing firm to sign the audit report.
We undertake assignments including Limited Company Statutory Audits, Charities, Solicitors Account Rules and Due Diligence reports.
We are a small firm and our charge rates recognise this fact and in many situations should enable the introducing firm to apply a mark up if desired. We will happily disclose hourly rates if you contact us and will provide a fixed price quotation subject to you providing sufficient information to enable us to prepare a budget.
Independent Auditors LLP aims to provide an outsourced audit service efficiently and cost effectively and to make audit work a benefit to your practice.
Registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales.