Assurance services

Many businesses need to provide comfort to investors and other stakeholders on their financial performance, even where a full statutory audit isn’t necessary. High quality audit services and assurance assist businesses by offering in-depth audit reviews that harnesses data analysis. This is achieved with independence, honesty, the latest technology and a critical mindset.
Commissioning cost-effective and focused assurance reviews on key areas of importance to your business, without the expense of a full audit, can be a major benefit in a variety of these situations, particularly for entrepreneurial businesses looking to scale up.
S&W’s assurance services designed to serve you
We help our clients with various audit tasks, both statutory and non-statutory. Our experts customise these audit services and combine them with your specific needs to tailor a bespoke service designed for you and your business.
Our Assurance services include:
Agreed upon procedures
Organisations dealing with complex structures and transactions require reassurance that critical matters are being dealt with appropriately and evidently, to showcase this to stakeholders.
An audit, or another form of assurance reporting, could be too exhaustive. You may find an agreed upon procedure, wherein our assurance specialists undergo and scrutinise a particular area of concern using in-depth analysis, could be the solution you require.
Agreed upon procedures provide the benefit of the work carried out being limited to the area or task at hand. This is both cost-effective and focused on the requirement, enabling you to achieve the outcome you desire in a timely, targeted manner.
Covenant reviews
Covenant reviews are a normal procedure of any loan agreement with a bank. The bank will need to verify that the company’s auditor has undergone a covenant review, whether that be annually or quarterly.
Our assurance practitioners will conduct an in-depth review of the compliance certificate and the supporting documentation, validating that the covenant certificate has been prepared in accordance with the loan agreement. A confirmation report will then be generated, which is submitted to the bank.
Regulatory and corporate reporting
Regulatory and corporate reporting don’t have to be a hassle or time-consuming. Financial institutions in the UK such as banks, investment groups, creditors and any financial service organisation are obligated to perform regulatory reporting. This process can be complex and includes the completion, verification and filing of data to regulatory bodies.
Compliance within regulatory reporting combines robust governance as well as a strategic approach around commercial objectives, risk management, financial and non-financial reporting.
Our assurance experts are on hand to ensure all regulatory reporting requirements are planned for and met in appropriate time. Our knowledge and understanding of the regulatory landscape, including changes on the horizon, enables us to offer uncompromised support to regulated organisations with their corporate reporting requirements.
Our credentials
- Top 10
- UK accountancy firm with 140 years of supporting UK businesses
- Dedicated
- Longstanding relationships to support clients’ business and personal interests throughout the business lifecycle
- Insightful
- Our experts are regular contributors on issues in the national and trade press with in-depth and well-informed commentary