Audit Services Accountant Hiring Guide
An audit is an independent examination that supports an opinion on whether financial statements give a true and fair view; it is not a guarantee that every error or fraud will be found. While many small companies are exempt from mandatory audits, some obtain one voluntarily for investors, lenders, regulators, or governance. Before appointing an auditor, confirm that the firm is eligible for the engagement and appears on the appropriate current professional register.
General guidance reviewed 12 July 2026 · How we review content
Browse Public-Record ListingsWhat to Check Before Hiring
The right audit services accountant should be clear about scope, records needed, deadlines, and how they keep you compliant after the first conversation.
Relevant client experience
Clear scope and pricing
Named day-to-day contact
Pricing Context
Fees vary by complexity, record quality, deadlines, and whether you need recurring support or one-off advice.
Compliance Context
Ask what records are needed, who is responsible for submissions, and how the firm confirms deadlines and filing evidence.
Audit Services FAQs
Does my company need an audit?
For financial years beginning on or after 6 April 2025, the small-company size conditions are annual turnover no more than £15 million, balance-sheet total no more than £7.5 million, and no more than 50 employees. A company generally needs to meet at least two, but some company and group types cannot use the exemption and other stakeholders may request an audit.
What is the difference between an audit and accounts preparation?
Accounts preparation involves compiling your financial statements from your bookkeeping records. An audit is an independent examination of those prepared accounts to verify their accuracy and give an opinion on whether they give a true and fair view.
How much does an audit cost?
Audit fees vary with group structure, systems, transaction volume, locations, reporting framework, control quality, timetable, and specialist work. Obtain a written scope after the auditor has enough information to assess risk and independence.
Check the official guidance
Choosing an accountant for audit services?
Use the checks and official sources above, then browse public-record listings and confirm service availability directly with each firm.