AUDIT AND ASSURANCE

WHAT IS AN AUDIT?

Audits are an annual check on an organisation’s financial situation. As a legal requirement in the UK, most businesses with turnover in excess of £10m and more than 50 employees will need to have one. It’s where an auditor checks your business’s records for accuracy, honesty and risk. It can be a laborious process. But at Cooper Parry, our award-winning audit and assurance team are out to change the audit experience.

Our industry has given audit a bad name. New clients join us expecting it to be a long, hard slog during which they’re endlessly interrogated and shamed for any tiny errors. You’re probably used to the same – a painful process year after year. But, that’s just not how we work.

AN AUDIT APPROACH BUILT AROUND YOU

Even before the pandemic started, we’d been doing remote audits for over two years; creating an audit and assurance process focused around collaboration, technology, and you. One which matches our mantra – to disrupt, lead, and make life count.

With our approach, we’ll no longer spend days and weeks at your place. Instead, we’ll stay in touch and share information using software like Inflo, Circit, Microsoft Teams and SharePoint. You’ll get the same quality and outputs. But you’ll only see us when you want to.

We pride ourselves on being digital disrupters and have a dedicated team that seek out the best way of working through utilising technology. Over the last 12 months we have started to embed both Inflo and Circit into our audit process to ensure that our collaboration with you is a slick operation. We are constantly looking into better ways of working by utilising technology to continue to wow our clients with exceptional client service.

We work with businesses of all sizes across multiple sectors, with specialist teams including Tech & High Growth and Retail, and to make sure our audits are always made-to-measure, we created our 3D Process:

Discovery

We’ll start by spending time with you to fully understand your business, opportunities, challenges and strategic aims. Then, we’ll shape our relationship, plan and timetable for the year around how you want it to work.

Delivery

Having this solid foundation of understanding from the outset means we can immediately start to add insight, observations and value to our relationship to go above and beyond your expectations. We’ll deliver exactly what you need, when and where you need it.

Debrief

We’ll seek feedback to constantly refine our service and improve it for you, always aiming to deliver a level of quality you’d recommend to others.

YOU’LL WORK WITH ENGAGED, ELECTRIFYING PEOPLE

As the #1 Accountancy Firm to Work For in the UK, it comes with the territory.

That matters. Because when our people are happy, engaged and playing to their strengths every day, we know we’ll attract and retain the industry’s top talent. And we know they’ll deliver a remarkable service to you; one that guarantees continuity, innovation, and inspiration.

That’s why our clients tell us we’re “approachable”, “bright” and “inquisitive”. One new client even said we made their old auditors “seem like dinosaurs”.

The numbers back up their words too. On average, our clients give us service scores of 8.9 out of 10, and our NPS score is consistently over +70, which is considered ‘world class’ when it comes to customer loyalty and satisfaction. In our territory, we also work with more privately-owned businesses with a turnover of £10-200m than anyone else, combining regional understanding with national and international insights.

And did you know… our audit approach is also better for the environment? Since changing our audits, we’ve saved miles in travel. We’ve cut our carbon footprint! We should also mention that, during the audit and assurance process, you’re also welcome to join us at our place for meetings. Of course, if you want to talk about becoming one of our clients, we’d love to meet you here some other time too.