Auditing

UK companies over a certain size are required to have their annual accounts subject to statutory audit. In addition, many companies, though not required to have an audit, still find that it can provide valuable business information. Audits are often required for certain charities and pension schemes whilst some professional bodies, such as The Law Society, require solicitors who hold clients’ money to submit their client accounting to an annual audit.
We can help any business owner in all these areas.

Although business owners traditionally regard the annual audit as a cost centre – a necessary evil that adds no value to the business – we strive to transform it into a profit centre.

Besides helping you meet your statutory requirements, we also take the opportunity to conduct a review of your financial and management systems. This can often result in our identifying potential problem areas and recommending opportunities to improve your business performance. We discuss these problems and opportunities with you and help you implement any agreed solutions.

Cost effective auditing depends on our understanding of your business. An initial review of your business and systems will enable us to focus on key audit risk areas, thereby minimising audit fees.

We can prepare accounts and perform audits for all types of business including sole traders, partnerships, and limited liability companies, in any sector of the economy.

Having us prepare and audit your annual accounts has many benefits:

• You receive an accurate account of your true financial position.
• We have the opportunity to identify any potential areas of weakness in your business and advise you on appropriate remedial action.
• You have a professionally documented basis for future finance applications, reports, etc.
• You have peace of mind of knowing your accounts are in full compliance statutory requirements.

The overall image and reputation of your business is greatly enhanced by your being able to present a professionally prepared set of accounts.

Taxation

We believe that tax issues must be considered in the context of both the tax payers' long-term aims and the issues facing them now and in the foreseeable future.
Taxation often represents one of the largest single costs a business has to meet and businesses of all types and sizes, as well as private individuals, are rightly anxious to minimise their exposure to tax. Yet our tax system is one of the most complex in the industrialised world. Many of the incentives introduced in recent budgets to encourage saving and investment only serve to increase the complexity of the system as a whole.

DAS provides excellent services in following areas :

Accounts & Tax Returns Management Accounts Value Added Tax Payroll Self Assessment & Tax Returns Bookkeeping Property Accounts