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Financial audits for FCA regulated businesses

As valuable a process as it is, few FCA regulated businesses relish an audit or putting together a client asset (CASS) report. In fact, most find them an unwelcome burden. No-one understands that better than Buzzacott’s award-winning FCA audit team.
Audit and assurance

Audit and assurance

Our audit methodology focuses on how your business works and understanding the risks associated. We tailor our audit approach to fit your unique needs.

With most of our clients, the need to have a statutory audit is driven by the requirements imposed by regulatory bodies. Keeping this in mind, while we keep our audit procedures as simplified as possible, we always ensure that a high quality audit is carried out.

  • Audits of statutory financial statements
  • Client money audits as required by the FCA’s Client
  • Asset Sourcebook (CASS) rules
  • Reasonable and limited assurance reviews
  • Preparation of statutory financial statements under
  • UK GAAP or IFRS
  • Technical opinions
  • UK GAAP to IFRS conversions
  • Track record reviews
  • Income certifications
Client money (CASS) assurance

Client money (CASS) assurance

Many FCA-regulated firms, such as Designated Investment Firms and Mortgage and General Insurance Firms, need a CASS Assurance Report as required by the FCA’s Client Asset Sourcebook (CASS) rules, as well as a statutory audit.

There are two types of CASS Assurance Report that we can provide:

  • Reasonable Assurance Reports – a ‘positive opinion’ that the firm is correctly applying the CASS requirements.
  • Limited Assurance Reports – a report that states we have found nothing to indicate that the firm has breached the CASS requirements.

The type of report required depends on your firm’s activities and permissions. Our report will be tailored to your needs.

The CASS client money rules are a complex and detailed area. At Buzzacott, our dedicated specialist CASS team has an in-depth understanding of these rules and how they can impact on your firm. We have years of experience delivering quality, relevant CASS Assurance Reports.

Why work with Buzzacott?

Why work with Buzzacott?

  • Strong client relationships built on trust
  • Best practice and relevant sector experience leveraged for your advantage
  • Work with your peers and sector experts with our hands-on senior team
  • Benefit from a single point of contact with all services offered from a single location
  • Proactive, responsive joined up approach
  • Quick and easy quote
Request a quote
Speak to an expert

Get in touch below to speak to an appropriately qualified auditor who can deliver FCA financial audits in line with FCA audit requirements.

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