{"id":28530,"date":"2025-07-29T09:45:29","date_gmt":"2025-07-29T08:45:29","guid":{"rendered":"https:\/\/smh.group\/?page_id=28530"},"modified":"2025-09-09T09:27:13","modified_gmt":"2025-09-09T08:27:13","slug":"assurance-reports","status":"publish","type":"page","link":"https:\/\/devstagesite.co.uk\/smhgroup\/audit-and-assurance\/assurance-reports\/","title":{"rendered":"Assurance Reports"},"content":{"rendered":"\r\n    <div class=\"contact-profile-box animated fadeIn\">\r\n        \r\n        \r\n                <div class=\"contact-profile\">\r\n                    <div class=\"contact-profile__image\">\r\n                        <figure>\r\n                            <a href=\"https:\/\/devstagesite.co.uk\/smhgroup\/our-people\/james-salim\/\">\r\n                                <img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"500\" src=\"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH_Staff-0833-500x500.jpg\" class=\"attachment-regular size-regular wp-post-image\" alt=\"\" srcset=\"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH_Staff-0833-500x500.jpg 500w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH_Staff-0833-300x300.jpg 300w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH_Staff-0833-1024x1024.jpg 1024w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH_Staff-0833-150x150.jpg 150w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH_Staff-0833-768x768.jpg 768w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH_Staff-0833-1536x1536.jpg 1536w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH_Staff-0833-2048x2048.jpg 2048w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH_Staff-0833-80x80.jpg 80w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH_Staff-0833-1000x1000.jpg 1000w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/>                            <\/a>\r\n                        <\/figure>\r\n                    <\/div>\r\n                    <div class=\"contact-profile__info\">\r\n                        <div class=\"contact-profile__name\">\r\n                            <a href=\"https:\/\/devstagesite.co.uk\/smhgroup\/our-people\/james-salim\/\">James Salim FCCA<\/a>\r\n                        <\/div>\r\n                        <div class=\"contact-profile__title\">\r\n                            <span>Director - Sheffield<\/span>\r\n                        <\/div>\r\n                        <div class=\"contact-profile__email\">\r\n                            <a href=\"mailto:jsalim@smh.group\"><i class=\"fa fa-envelope\" aria-hidden=\"true\"><\/i> jsalim@smh.group                            <\/a>\r\n                        <\/div>\r\n\r\n                                                    <div class=\"contact-select\">\r\n                                <h3 class=\"call-office\">Call Your Local Office<\/h3>\r\n                                <select title=\"Select Your Local Office\" id=\"select-local-office\">\r\n                                    <option>Select Your Local Office<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Barnsley\" data-number=\"01226 242 250\" data-location=\"Barnsley\">Barnsley<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Buxton\" data-number=\"0129822108\" data-location=\"Buxton\">Buxton<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Chesterfield\" data-number=\"01246 277 266\" data-location=\"Chesterfield\">Chesterfield<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Harrogate\" data-number=\"01423 524 322\" data-location=\"Harrogate\">Harrogate<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Huddersfield\" data-number=\"01484 541 155\" data-location=\"Huddersfield\">Huddersfield<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Leeds (Garforth)\" data-number=\"01132 862 663\" data-location=\"Leeds (Garforth)\">Leeds (Garforth)<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Leeds\" data-number=\"01132 424 677\" data-location=\"Leeds\">Leeds<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Rotherham\" data-number=\"01709 377 909\" data-location=\"Rotherham\">Rotherham<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Sheffield\" data-number=\"01142 664 432\" data-location=\"Sheffield\">Sheffield<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Wakefield\" data-number=\"01924 376 045\" data-location=\"Wakefield\">Wakefield<\/option>\r\n                                                                    <\/select>\r\n                                <a id=\"call-local-office-link\" class=\"contact-profile__contact hidden\" href=\"\"><i class=\"fa fa-phone animated tada delay-3s\" aria-hidden=\"true\"><\/i><span class=\"contact-number-content\"><\/span><\/a>\r\n                            <\/div>\r\n                                            <\/div>\r\n                <\/div>\r\n\r\n            \r\n    <\/div>\r\n\r\n    \n<p>An assurance report offers external verification of financial information for organisations that do not meet the audit threshold but still require added credibility. Whether you need to satisfy stakeholder expectations, meet funding conditions, or support internal governance, an assurance engagement provides a valuable layer of independent external oversight.<\/p>\n<h2><strong>What is an assurance report?<\/strong><\/h2>\n<p>With more companies being able to take advantage of audit exemption, some may still choose to or be required to get assurance on their financial statements.<\/p>\n<p>This includes an independent, \u00a0professional reviews of the financial information, involving less detail than a full statutory audit. We issue a report at the end which states whether or not anything has come to our attention that we need to draw users of the financial statements to.<\/p>\n<p>This is often used by:<\/p>\n<ul>\n<li>Companies that fall below the statutory audit threshold<\/li>\n<li>Organisations preparing for investment or sale<\/li>\n<li>Businesses seeking independent review for regulatory or funding requirements<\/li>\n<\/ul>\n<h2><strong>Benefits of an assurance engagement<\/strong><\/h2>\n<p>An assurance report will support your business by:<\/p>\n<ul>\n<li>Improving financial information to support better decision making<\/li>\n<li>Increasing confidence among investors, funders, and stakeholders<\/li>\n<li>Mitigating and managing risk in the business<\/li>\n<li>Showing stakeholders you are committed to transparency in reporting<\/li>\n<li>Supporting compliance with specific regulatory or contractual requirements<\/li>\n<li>Offering a cost-effective alternative to gain assurance on a specific matter<\/li>\n<\/ul>\n<h2><strong>Our assurance reporting process<\/strong><\/h2>\n<p>We tailor our approach to suit your business needs. Our process includes:<\/p>\n<ol>\n<li><strong>Engagement planning<\/strong> \u2013 Understanding your objectives and financial reporting requirements<\/li>\n<li><strong>Review procedures<\/strong> \u2013 Applying suitable assurance techniques to verify selected information<\/li>\n<li><strong>Risk mitigation<\/strong> \u2013 Feedback on any underreported risks identified during out work<\/li>\n<li><strong>Final report<\/strong> \u2013 Delivering an independent assurance report for your stakeholders<\/li>\n<\/ol>\n<h2><strong>Book your review<\/strong><\/h2>\n<p>If your organisation requires an assurance report or a limited financial review, <a href=\"https:\/\/devstagesite.co.uk\/smhgroup\/contact\/\">contact<\/a>\u00a0the\u00a0<a href=\"https:\/\/devstagesite.co.uk\/smhgroup\/audit-and-assurance\/\">SMH Audit &amp; Assurance<\/a>\u00a0team on\u00a0<a href=\"mailto:info@smh.group\">info@smh.group<\/a> or 0114 266 4432.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An assurance report offers external verification of financial information for organisations that do not meet the audit threshold but still require added credibility. Whether you need to satisfy stakeholder expectations, meet funding conditions, or support internal governance, an assurance engagement provides a valuable layer of independent external oversight. What is an assurance report? With more companies being able to take advantage of audit exemption, some may still choose to or be required to get assurance on their financial statements. This includes an independent, \u00a0professional reviews of the financial information, involving less detail than a full statutory audit. We issue a report at the end which states whether or not anything has come to our attention that we need to draw users of the financial statements to. This is often used by: Companies that fall below the statutory audit threshold Organisations preparing for investment or sale Businesses seeking independent review for regulatory or funding requirements Benefits of an assurance engagement An assurance report will support your business by: Improving financial information to support better decision making Increasing confidence among investors, funders, and stakeholders Mitigating and managing risk in the business Showing stakeholders you are committed to transparency in reporting Supporting compliance [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":29000,"parent":15747,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/template-services-subservice.php","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-28530","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - 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