August 8, 2024

Audits explained: understanding the process and its importance

In the dynamic business landscape, financial audits play a critical role in ensuring compliance, transparency, and operational efficiency. However, despite their importance, there’s often a misconception about the true purpose […]
July 25, 2024

Audits and Assurance: proposed increases to company size thresholds to take effect this October

At Verallo, we are dedicated to keeping you informed about critical updates in audit and assurance regulations that may impact your business. With the United Kingdom no longer bound by […]
May 30, 2024

Audit thresholds and criteria checklist

Almost ready for your first audit? In the UK, businesses must undergo an audit if they meet certain criteria. Generally, companies are required to have their accounts audited if they […]