Financial Services Audit and Assurance
We specialise in auditing regulated entities in the UK and overseas ranging from asset managers to retail brokers. Led by six partners and directors, our collective sector experience provides assurance that you will be working with people that understand your business and the regulatory environment that it operates in.
Our expertise
We audit managers and advisers to funds and parent companies domiciled in several jurisdictions across the world.
We can act for entities regulated by the Financial Conduct Authority (FCA), Dubai Financial Services Authority (DFSA), Jersey Financial Services Commission (JFSC) and Guernsey Financial Services Commission (GFSC).
We provide audit services for entities providing financing to companies in the distressed retail, real estate and other sectors.
Our clients act as the principal lender, intermediary or originators.
We provide both statutory and non-statutory audits of GPs and LPs in England and Wales, and The Crown Dependencies.
Our clients include private equity, venture capital, and real estate funds.
We provide audit services to regulated brokerage firms.
Our clients include both institutional and retail brokers.
We have extensive experience in statutory and CASS audits for the payment sector.
We also provide safeguarding audits to payments and e-money firms under CASS 15.
We undertake statutory and CASS 5 audits for general insurance brokers, Lloyd’s Brokers and underwriting agencies.
We are fintech audit specialists with a client base in the digital investment platform space and experience auditing digital assets.
Technical expertise
Group audits
We act as both group and component auditor, with a proven track record in managing audits involving over 100 SPVs and coordinating with auditors worldwide. Our focus on clear communication ensures our clients consistently meet tight reporting deadlines.
Limited Liability Partnerships (LLP)
The financial services industry frequently utilises LLP structures, and we specialise in navigating their specific complexities. Our team includes Katherine White, an established author on preparing financial statements for LLPs who provides regular technical training across the firm.
Financial modelling and complex accounting
For our non-audit clients, we have the expertise to assist with financial modelling and complex accounting. This includes managing multiple jurisdiction consolidations, asset purchases and disposals, and UK GAAP to IFRS conversions.
Reporting framework
Our work is typically performed under UK GAAP or IFRS for statutory purposes in the UK, The Crown Dependencies or Dubai. We conduct our non-statutory audits under general or special purpose frameworks, most commonly for LPs in accordance with their Limited Partnership Agreement.
Articles
Does my FCA-regulated firm need an audit?
The FCA rules do not dictate whether the firms that they regulate need statutory audits of their accounts – the rules are set out in company law.
Accounting for profit allocations in LLPs
Accounting for LLPs often requires significant review – we can help you understand the requirements and what points you should be considering.
Does the corporate member of my FCA-regulated LLP need an audit?
Certain companies in groups with FCA regulated entities are not eligible for the small companies audit exemption in the UK. This may include the corporate member of an FCA regulated LLP – so what are the rules?
International services
Contact us
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