What is a Statutory Audit



What is a Statutory Audit?

A statutory audit provides independent external assurance over your accounts. Organisations choose it either because regulations or constitutions require it, or because leadership and stakeholders want the comfort of external assurance. At TAG Accountants Group, these services are delivered through our registration with ICAEW, ensuring a quality service without large‑firm prices, via TAG Assurance Limited.

What a statutory audit involves

  • Ensuring compliance, enhancing confidence: A meticulous review designed to meet regulatory requirements while strengthening stakeholder trust.
  • Focused scrutiny: We review financial statements, internal controls, and compliance processes to give you a clear understanding of financial health.
  • Clear, decision‑ready outputs: Transparent insights and comprehensive reporting that support governance and informed decision‑making.

Who we support

  • Companies seeking independent assurance.
  • Charities and not‑for‑profits requiring statutory audits or independent examinations.
  • Sector‑specific reporting: Assurance reports on company accounts; SAR reports for solicitors; AR21 reports for not‑for‑profit organisations.

Why TAG Accountants

  • Independent assurance, clearly communicated to help boards, trustees, and management act with confidence.
  • Specialist structure: Services delivered by TAG Assurance Limited within TAG Accountants Group.
  • ICAEW registration underpinning service quality.

Alternatives and complementary services

  • Independent examinations for applicable charities and not‑for‑profits.
  • Assurance reports on company accounts tailored to stakeholder needs.

Get started

Learn more about our approach and services: https://tag-agl.com/auditing-and-assurance/

TAG Accountants Group, 8 Pendeford Place, Pendeford Business Park, Wobaston Road, Wolverhampton WV9 5HD
Telephone: 01902 783172

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