Financial statement audit services are provided as required, typically to the following categories of client:
- Companies who have not fulfilled company law compliance obligations on time and have thus lost the financial statement audit exemption e.g. limited company previously with different accountant where return deadline had been missed.
- Companies not entitled to audit exemption due to large size or other regulatory reason e.g. designated activity company carrying on business as an insurance broker.
- Companies entitled to audit exemption but who choose not to avail of it by decision of the members e.g. limited by guarantee company dealing with community funds.
It is critical, both from a company law compliance perspective and reputational perspective, for companies requiring financial statement audit to receive quality service from a registered firm such as Hayes & Hayes.