Auditing is a highly complex process, and the importance of auditors as a vital link in the financial reporting chain has never been more important for their role as trusted advisers more valued. Accountants and auditors are responsible for detecting and deterring fraud by evaluating accounting systems for weaknesses, designing and monitoring internal controls, determining the degree of organizational fraud risk, interpreting financial data for unusual trends, and following up on fraud indicators. 

Businesses can depend on themselves or seek outside guidance when performing either the accounting or auditing function. Small businesses can often benefit from relying on a third-party accounting firm to set up their accounts and handle their accounting needs. Even large businesses can benefit from hiring an outside auditing firm, and publicly traded corporations are actually required by law to obtain third-party audits on a regular basis. GMS Solicitors have an association with Chartered Accountants to perform an audit under IFRS with fulfilling all legislation. 

Our team provides accountancy services to the clients on regular basis from maintaining records to the preparation of financial statements. Our expert’s design accountancy software for clients whenever required as per the need of business or industry.