Audit Service

World class accounting from award winning chartered accountants you can trust

We Have Open Minds

What is an Audit?

All Audits are carried out by Nordens Audit Ltd, they are an in-depth examination of a company and serve to know the situation of a business. In order to know the real situation of a company, different types of audits are carried out and consist of a thorough evaluation to determine the state of the business. The decision-making process is streamlined thanks to the results provided in the audit report, which are obtained after the analysis. The audits are classified according to the area of study that is carried out, and are categorised as accounting, operational, or Human Resources audits. The person in charge of auditing the business is also taken into account.

Why Use Nordens For Your Auditing?

Audits are an in-depth examination of a company and serve to know the situation of a business. In order to know the real situation of a company, different types of audits are carried out and consist of a thorough evaluation to determine the state of the business. The decision-making process is streamlined thanks to the results provided in the audit report, which are obtained after the analysis. The audits are classified according to the area of ​​study that is carried out, and are categorised as accounting, operational, or Human Resources audits. The person in charge of auditing the business is also taken into account.

Here at Norden’s we’re experts in just how to audit companies in a way that lends credibility and conveys confidence in your business. Carrying out an audit on your company can seem like a daunting task, but we are here to help. We can advise you on what to do if you are audited and exactly what information you need to supply if you are. We can put you in a better position going forward, as our team will help you to have a much clearer understanding of what exactly your current situation is and can give you the confidence you need to make the best decisions for your business’s future.

Our Auditing services are provided by Nordens Audit Limited, a company registered in England & Wales. Registered Office: The Retreat, 406 Roding Lane South, Woodford Green, Essex, England, IG8 8EY. Company Registration No. 12528649.  Registered as auditors in the United Kingdom by the Institute of Chartered Accountants in England and Wales.

Our Expert Auditing Service

Nordens provide an effective audit service as a continual improvement led process.
Our experts can highlight your financial strengths and challenges, and identify how and where the business can improve.

Highly Efficient Auditing

Minimal Business Disruption

Specifically Tailored

Reduces Corporate Risk

Secures Peace of Mind

Frequently Asked Questions

Here at Nordens, we understand that you want to know more about Auditing. To keep you well-informed, here’s a list of our most frequently asked questions.

Why Are Audits Important?


On many occasions, companies do not sufficiently value the need and importance of conducting audits in business organisations. This is because auditing allows you to study what you are doing, to know if you are doing things well, and to consider if you are complying with legal regulations. But most importantly, it allows you to assess where you stand with current trends in the industry and to make decisions regarding your future. It is key for the management of the company, to have reliable information that allows you to analyse and evaluate the steps to follow.

In addition, the control of our business management can help us avoid more than one headache in reference to legal aspects. Sometimes, we can make mistakes that can be considered fraud, which can lead to penalties and fines. For example: if our accounts do not reflect the reality of the company, if our computers do not have the necessary licenses to be used, or if our machinery does not comply with the regulations, we may have problems with the law.

What Are the Objectives of an Audit?


The objectives of an audit focus on knowing in detail all aspects that make up a company process. But, as indicated above, you can also refer to specific aspects of the company to assess how they are developing.

Thus, the objectives of an audit include:

Identifying the current and exact situation of the company

Granting credibility and confidence to the company in front of possible investors or banking entities

Discovering fraud that the company may be knowingly – or unknowingly – committing

Taking note of technical errors that are taking place

Reviewing the legality of all products and activities of the company

Assessing if the Work System of the company is effective and efficient

Collecting as much information as possible that will allow us to make better decisions that will improve the company’s performance and productivity

Should I Be Worried about Auditing?


Auditing ascertains how accurate your accounting is, based on the findings of the auditors. If you keep your business accounts up-to-date – and use an accountant like Nordens – then there should not be anything to worry about. It is about comparing the aspects that make up the company with national or international laws, as well as with the internal rules of the company, to see the deviations that are taking place and correct them. Therefore, an audit will allow the company to take more control of itself, as well as help detect failures. Also, the audit will allow you to know the real state of the company in general to improve business management. In short, an audit is an examination and control of the economic situation of the company. It allows you to consider a more appropriate strategy to the one that might not be providing the results you expect, and translate it into a financial plan.

Should I Set up an Audit of My Company?


Many companies do not think about audits. They either think it will never happen to them, or do not give them enough importance as an internal practise. However, we believe that conducting an audit will allow you to analyse and assess the steps to follow in the growth and development of your business activity. In short, an audit is conducted to test whether a company complies with its obligations, has an up-to-date status of its annual accounts, and deduce how the company exploits its full potential in its daily exercise. How you analyse an audit will allow you to study what is being done in the company, both the good and the bad. In this way, you can correct or stop what can generate problems in the future.

Which Companies Require an Audit Process?


Small companies, in general, are not required to perform audits. However, it may be necessary to perform an audit when there is evidence of excessive spending, customer complaints, non-compliance of projects, excessive rotation of human resources, or when the results are not what were expected. To be exempt from an audit, a company must be ‘small’, or have been passed as such in the last year and be serving that year’s grace.

To identify whether a company qualifies as small, two of the following criteria should be achieved:

A turnover of under £10.2million

Gross assets under £5.1 million

Less than 50 employees

The business mustn’t reach eligibility at any point of the year (this includes PLCs, banking and insurance companies, etc.)

The business cannot be joined to a group of businesses that don’t qualify

Beyond Accountancy

At Nordens, we're more than just accountants - we're business experts who can help you achieve your biggest goals.

Nordens Strategic

Our specialist strategic division at Nordens boasts some of the leading entrepreneurial business minds in the country. We cater towards delivering consistent success stories, whilst helping businesses achieve above and beyond their initial goals.

Through highly-tailored guidance, coaching and advice, Nordens Strategic are able to define exactly how your business can reach new levels of success.

Regardless of how you define ‘success’ for your business, our strategic service is guaranteed to bring about real and lasting change. By partnering with some of the UK’s top business coaches, we’ll steer you along the path to a greater future.

Accounting 2 You

Every business, no matter how big or small, needs to make the right decisions, and how to best manage your accounts can put huge question marks over your business. Accounting2You is here to take that pressure off and provide you with all the answers you need.

Our bookkeeping branch offers a fully inclusive, comprehensive service that you can trust. Since 2005, our specialist bookkeepers have been successfully managing the accounting of both individuals and small businesses.

With experts in payroll analysis, credit control and financial recording, Accounting2You will lead your business efficiently, and with real purpose, towards a prosperous future.

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Chris Dyer

Director - Metro Bank

Nordens are always very easy to deal with and extremely professional and efficient. I would have no hesitation in recommending them to my clients for their accountancy needs, no matter how complex they may be.

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Co-Founder - Chicmi Limited

Very good to work with - the team go above and beyond to make the accounts easy and efficient. They're all super friendly and a joy to work with.

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Director - Rose Opticians

I have been using Nordens Chartered Accountants for 5 years and very happy with the service provided. All members of the team are very knowledgeable and have a wealth of experience which has proved very beneficial to my organisation

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Founder & Director - Physio LDN

Very easy to contact and put me in touch with the right person whenever I need to ask any questions. Extremely knowledgeable and can help me manage my various businesses whenever I need.

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James Aconley

Principal - Pauline Quirke Academy

Great accountants, always available to offer advice. The team have transformed my business.

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Christopher Wilce

Founder - Dataphone

Having worked with Nordens over the last 5 years, not only to look after my annual accounts but they have also provided outstanding professional advice. They have guided me through a Company share buyback with clear and objective advice. We have also been using Nordens strategic services for a couple of years, which has helped bring about significant improvements that exceeded my expectations. With experience of working with several local accountants over my 29 years in business, I’m very pleased with the service I have received from Nordens.

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Dave Hodges

Director - Linekers

Trusted our business with Nordens for over 10 years now and watched the company grow into the successful innovative business it has become today. Deservedly so. Every aspect of financial advice we need is always given promptly and with a smile. We have total confidence in all aspects of advice Nordens give. If you are looking for accountants, its a no brainer!

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Founder - Foundation Sports Limited

A fantastic, modern, vibrant firm that care about the clients and their staff in abundance. It is rare to find an Accountancy firm with such vibrance and focus and relationships. It is no wonder they win award after award in their field.

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Managing Director - Prime Time Boilers

I have been with Nordens for many years now and they are a great accountants.

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Founder - Vivid Finishes

We have used Nordens for the last 5 years and have had a great service throughout. The guys are very passionate about what they do and have played a part in the growth of our company, highly recommended.

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Andrew Martin

Managing Director - AMD Interior Architecture

Great Service at Nordens from a friendly very approachable team Particularly Kirsty Willis and Joe Sword who have been helping us since we started the business in 2016.

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James Robinson

Director - Forma London

Nordens provide a first class service. We moved to Nordens last year and have been impressed with the level of service provided. Keep up the good work!

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  Why I Founded Nordens
Accounting 2 You

In November 2002, having sold our other business interests off earlier in the year, I decided to set up Nordens Chartered Accountants. The easy part was knowing how to do it, as I had established and built a smaller practice a few years earlier. The difficult part, for me, was not following the traditional accountancy path. Having run businesses, both successfully and unsuccessfully, I wanted to help business owners resolve their short term problems and work with them to achieve their longer term goals. Business has always been my interest and I love that I can help business owners achieve what seems like the impossible every single working day.

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Mark Norden

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Our limited company accountants have a range of qualifications from The Institute Of Chartered Accountants (ICAEW) to the Association of Chartered Certified Accountants (ACCA). We worry about the bye-laws, regulations and ethical guidelines of the ACCA so you don’t have to! That makes us an ACCA-accredited employer as well as a Professional Passport-accredited one!