Audit & Assurance Services
As Registered Auditors providing Audit & Assurance Services in Central Scotland, our role is to assist you and provide expert advice whilst helping you meet your audit obligations.
Our team provides expert advice and offers you greater insight into the way your organisation functions, and where improvements can be made to help your business grow and prosper.
Statutory Audit Services
Our statutory audit and assurance services are provided to different types of organisations who are subject to statutory audit, in line with government guidance or who are governed by the regulations of various professional bodies. We provide audit services to stand-alone companies, groups, subsidiaries with overseas parents, and those in the charity and not-for-profit sector.
Voluntary Audit Services
Our voluntary audit service provides the same benefit as a statutory audit. This is particularly useful if your business or charity is run by a management team, or if you are considering selling your business or are looking for investment.
Audit Thresholds
The UK has updated its audit thresholds, taking effect from 6 April 2025. Please review the full Audit Threshold Summary to find out more.
Scottish Charity Audit Threshold
In Scotland, charities must adhere to specific audit thresholds. Please visit our Charity page to find out more details.
Our Audit Service is Here for All Your Audit and Assurance Needs in Scotland
If you have an audit requirement or query, please contact one of our Audit Partners noted below or complete our online contact form.
We put you at the centre of our audit approach:
How Our Audit Approach Can Benefit You
- Explore our Accounting Services to complement your audit needs.
- Learn more about our Tax Services for comprehensive financial management.
- Discover how our Consulting Services can provide strategic insights for your business.
Frequently Asked Questions About Audit & Assurance Services
What is an audit?
An audit is an official examination of an organisation’s accounts and financial reports, typically conducted annually by an independent party.
Why is an audit important?
What are the auditing requirements in the UK?
Who needs to have an audit?
What are the rights and duties of auditors?
What is the audit process?
What are the recent changes to UK audit regulations?
Is there a register of auditors in the UK?
What are the Audit Thresholds?
Please review the full details of the audit threshold summary here: click here
“Having been an auditor, I am aware of how intrusive and disruptive audits have the potential to be. I wouldn’t use either of those words to describe my experience of Thomson Cooper. Instead, I have found them to be open minded, and prepared to listen to our point of view, as well as working hard to understand the business. This enables the audit team to be supportive and pragmatic during both the (offsite) fieldwork and accounts completion. Their ability to accept and interrogate a full transaction list meant that audit samples were requested in our language, and in good time, allowing us to collate the information at more useful times for us, rather than having to drop everything to respond. From a busy Finance Manager’s point of view, the audit experience couldn’t be better”.
Who to talk to
Alan Mitchell
Managing Partner
Alan Mitchell is the firm's Managing Partner. He oversees the overall management of both offices and staff, as well as meeting the needs of his large portfolio of clients.
Sharon Collins
Partner
Sharon is our Head of Audit. She has over 30 years’ experience of working with a diverse range of commercial and not-for-profit organisations.
Fiona Haro
Partner
Fiona is our Head of Charities and Not-for-profit team. Fiona has significant expertise in independent examination and statutory audit within the charity sector.
Audit thresholds have increased
In a move to ease the reporting burden on UK companies, the UK Government have announced a series of deregulatory changes. Applicable for accounting periods commencing on or after 6 April 2025, the changes will see existing company size thresholds rise by 50%.
Jacqueline Whyte Gains RI Status
We are pleased to announce that Jacqueline Whyte, Director of Audit,has gained Responsible Individual (RI) status. This means that the firm now has five RIs conducting regulated audit work for clients in the public, private and not-for-profit sectors throughout Scotland.
Auto Insight Magazine – How exposed is your business to fraud?
In the latest edition of the SMTA magazine Auto Insight, Director of Audit Jacqueline Whyte asks “How exposed is your business to fraud?” and examines what can be done to minimise the risks.