Preparing for a statutory audit: readiness steps for directors, trustees, and management

Silistime198711 Dec, 2025Other

This concise explainer demystifies the UK company audit: what it covers, who needs it, the comfort it gives, and what it cannot do. It maps the audit journey: planning and materiality, sampling and evidence, and concluding with an opinion. It contrasts audits with independent examinations and offers actionable readiness ideas for management, boards, and governors. The tone is authoritative and accessible, focused on governance, transparency, and trust.