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United Kingdom × Audit & Assurance
Audit & Assurance in the United Kingdom
Independent audits and reviews that investors, lenders and regulators can rely on. In the United Kingdom, that means local law, local regulators and local practice, handled by a qualified professional who practises there.
Who handles this work
On request
WONE Global can find the right Audit & Assurance professional in the United Kingdom for you.
No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.
Bring a requirement →United Kingdom at a glanceUK & Ireland
London · Tuesday 3 November
19:04
Local time
- Currency
- GBP
- Working week
- Monday – Friday
- Commercial centres
- London · Manchester · Birmingham
- Dialling code
- +44
- Region
- UK & Ireland
What the rules say in the United Kingdom
Audit & Assurance, the essentials
From the United Kingdom market guide: the points that matter most for audit & assurance, each with the source it was checked against.
Full guide · Source-checked research100% of statements checked against a source145 checked against an official source0 checked against a secondary sourceChecked 2026-10-19Not yet professionally reviewed
A private company can claim audit exemption if it meets at least two of: turnover of no more than £15 million, balance sheet total of no more than £7.5 million, and 50 or fewer employees on average.
Financial years beginning on or after 6 April 2025 (previously £10.2 million turnover and £5.1 million assets). Not available to public companies (unless dormant), most subsidiaries without the subsidiary exemption, banks, insurers, e-money issuers, MiFID firms or companies with shares on a regulated market; shareholders holding 10% can require an audit.GOV.UK · checked 2026-10-18
Read the full guide: Tax, accounting and statutory reporting
Scope
What the service covers here
- 01Define the assurance scope
- 02Coordinate statutory or group audit requirements
- 03Address local reporting standards
- 04Support remediation of material findings
Key questions
What we will work through with you
- What needs to be decided before audit & assurance work starts?
- Who is professionally responsible in each country?
- Which other work, such as tax or employment, must happen at the same time?
- What information and decisions are needed from the business?
If your work involves another country or another area of expertise, WONE Global brings in the right professional and keeps all advisers informed.
Also in the United Kingdom
Other services in this market
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Cases
What clients bring to Audit & Assurance
The cases this service leads or joins, each with what is at stake, how WONE Global handles it and who handles it in the United Kingdom.
We need a credible valuation of a business abroad. Who can do it?Corporate ownership & governanceOur business requires its first statutory auditAudit, assurance & financial integrityAn audit opinion has been qualifiedAudit, assurance & financial integrityThe audit committee needs an independent controls reviewAudit, assurance & financial integrityA lender wants assurance over financial informationAudit, assurance & financial integrityOur overseas subsidiaries need coordinated audit workAudit, assurance & financial integrityA transaction requires audited carve-out financial statementsAudit, assurance & financial integrityWe need assurance on an agreed set of financial proceduresAudit, assurance & financial integrityThere are unexplained inconsistencies in inventory recordsAudit, assurance & financial integrityOur charity needs an independent financial auditAudit, assurance & financial integrity
WONE Global Intelligence
Ask about audit & assurance in the United Kingdom
Ask in your own words. Answers come from WONE Global's checked records, with every source shown, and end with the named Partner who can act. Go deeper on any point, or build a decision file.
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