Audit and assurance

Audit and assurance services

Whether it is compliance driven statutory audit work you need or other assurance services to assist you with the management and corporate governance of your business, Kreston Reeves has a team who can help.

As registered auditors, Kreston Reeves has extensive experience of conducting audits for entities of all sizes, from all sectors.

Statutory and regulatory audit specialist areas include:

Assurance services offered include:

Typical assignments include:

  • Interpretation of accounting standards on complex transactions
  • Audits for UK subsidiaries of US listed companies (Kreston Reeves is registered with the PCAOB in the US)
  • Advice on reporting under International Financial Reporting Standards
  • Advice on compliance with regulations
  • Reporting on systems, making and implementing recommendations on improvements
  • Advising on the implementation of forthcoming accounting standards.

Forum of Firms

Kreston Global is a member of the Forum of Firms. The forum is an association of international networks of accounting firms, its goal being to promote consistent and high-quality standards of financial reporting and auditing practices worldwide.

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Kreston Reeves have been absolutely first class. Their professionalism, response time to our queries and our relationship in working together to resolve technical issues for the past couple of audits... More that I’ve been involved in – from my perspective makes them stand-out. Having worked with many auditors, your firm is at the top of my list. Henry Wong, Head of Finance, White Oak Underwriting Agency Limited

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Kreston Reeves has the hardest part of this audit. They are taking their console packs from these different entities in different jurisdictions, and they have to do their work on... More a very tight time schedule and then turn that over to the US auditors who have to do their work, and so at any given point Kreston UK team has the most critical role in successfully meeting that deadline. So far, in 15 years, they’ve never failed. That’s a pretty outstanding record. I don’t lose any sleep at night that they’re not going to meet the audit deadlines. Gary Yost, Chief Financial Officer, Global Critical Logistics LLC

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We have an exceptional relationship with the team at Kreston Reeves. It really is a two-way partnership – they are almost part of the team. They have always been very... More transparent about costs, and we feel we get good value. I would not hesitate in recommending them. Ryan Fox, Head of Finance – Operations, Crew Clothing Company

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We chose Kreston Reeves initially for help with a small piece of work in relation to succession planning for a family company and some advice on the setup of a... More new entity in collaboration with a leading UK based University (The University of Nottingham). We were surprised with the level of involvement from a senior member of the firm and the time that was taken to really understand our business even in the very small initial pieces of work. As would be expected Kreston Reeves helped with the technical aspect of setting up a new company and have also become auditors for that company but more importantly, given all the initial time that the team, especially Andrew Griggs, spent getting to know the business has meant that they have been able to provide more holistic advice and guidance and as a result they are now very much trusted advisors. This has meant we have spoken to them in relation to employee options schemes, setup of an EU based company post Brexit amongst other things. It very much feels like we could contact someone at Kreston Reeves and receive impartial but informed advice that fully considers the corporate structure of our organisation. It is not cookie cutter advice but tailored to our needs. Our previous advisor was a smaller firm than Kreston Reeves and didn’t have the global reach. Kreston Reeves have been able to offer globally focused advice to support our company who have significant trade in both the EU and USA. Kreston Reeves stand out though in the approach taken to really get to know our organisation they are also willing to give considered and evidence based views. KR have made a difference as they have assisted us with setting up our organisation to support future growth. On a personal level I feel that the relationship with Andrew means I have someone who I am able to pick-up the phone to in order to get considered, relevant and thoughtful advice. Andrew is also not afraid to challenge initial ideas and on a number of occasions this challenge has led to an enhanced end result. David Woolger, Managing Director of Cerca Magnetics Limited and Magnetic Shields Limited

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I have worked with many firms before and this is one of the best, if not the best relationship that I have known – all the way down the line.... More Everyone we have dealt with has always been very helpful. One of the things we needed was that sounding board for expert advice; to be able to ask questions about detail. Michael and his team were extremely pro-active in that respect, and they work very well with us. The communication has always been excellent. Colin Stevenson, Finance Director at ABM UK

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Having just completed our 1st audit under Kreston Reeves, we have been very impressed with their support, guidance and professionalism. It was always a concern moving away from our previous... More known auditors and what to expect but the whole transition has been seamless. Everyone within the team are approachable and available to unpick queries however small, feeding back in an easily understood way. A pleasurable experience if an audit can ever be that! Andy Fisher, School Business Manager, Sandwich Technology School

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Kreston Reeves have carried out audits and provided tax and other services and advice for the MJ Allen Group of Companies for the last 12 years. We consider Alison and... More her team as a natural extension of our own finance function and have always found them to be friendly, efficient and professional in all their dealings with our companies. I have no hesitation in recommending Kreston Reeves to any potential clients. Alan Gibson, Finance Director, M J Allen

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TAIT is the World Market Leader in designing, constructing and delivering the finest live event solutions in the world. TAIT is a US owned group with business operations worldwide, including... More a £30m+ turnover UK presence. Our UK and international business requires careful planning and execution into our US management framework. For many years Kreston Reeves have supported TAIT’s management and its US advisors closely in growing its international profile, providing a wide range of global accounting and tax advisory services in addition to annual audit and tax compliance. We have always been impressed by their responsiveness and support in everything we have done in driving our business forward. M Huwaldt, General Council, TAIT

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Kreston Reeves have been our accountants and auditors from the outset, and have just completed the first full audit of the company’s accounts and those of its parent companies. This... More work has been led by Alison Jones, with the assistance of other members of the team especially Katy Long. Kreston Reeves have also been responsible for the preparation of the group’s VAT returns and tax computations, and have provided payroll services and general accounting and financial systems advice. Until we were in a position to take it inhouse they also prepared the company’s management accounts. Throughout the relationship the work has been carried on with professional efficiency. Practical assistance and advice has always been available when needed. I have especially been impressed by the care taken in planning our first audit so that it has been completed on time despite intervening difficulties. When problems have arisen pragmatic solutions have been found. Their advice in relation to audit issues and the responsibilities of directors has been clear and always helpful. The result is that a process which I approached with some trepidation has proved not to be nearly as stressful as I feared. I would recommend Alison and her team without reservation. Dick Russell, Director, I-360 Limited

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The Glass and Glazing Federation has used Kreston Reeves for many years because of their highly professional service across a portfolio of financial support services. They have provided valuable advice... More and help in connection with the recent re-structure of the GGF and its group of commercial subsidiary companies. From tax advice through to auditing our annual accounts, our long standing relationship with the Kreston Reeves team has grown as they have proactively tailored their services to meet our needs. We have no hesitation in recommending Kreston Reeves to those looking for a first class service for business accounting, tax and financial advice and auditing. John Agnew, GGF President and Chairman of the Board, Glass and Glazing Federation

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For many years, the Rock-It Cargo global family of companies has relied upon the Kreston network as its trusted advisors in audit, tax, accounting, and corporate governance issues. Kreston member... More firms specialise in rapid response to clients' needs and we will continue to rely upon their trusted advice in our global endeavours. Rock-It has engaged Kreston members in USA, UK, Belgium, Brazil, Australia, Chile, United Arab Emirates, Azerbaijan, Japan, Mexico, Hong Kong, China and Belgium. Roberta Yang, Group Legal Counsel, Rock-It Cargo

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The Kreston UK team is just outstanding – stellar. Just super people to deal with…… They have all the core knowledge and experience we need for them to do a... More fantastic job. Gary Yost, Chief Financial Officer, Global Critical Logistics LLC

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The choice for Kreston Reeves as preferred auditor/advisor was driven by their expertise in numerous areas. When we raise a technical query on any matter we are confident that Kreston... More Reeves has the “in house” expertise to respond to our requirements. Furthermore, the responses delivered by Rob and Nigel are delivered in such a way as to be easily understood by non-accounting professionals which in turn makes Kreston Reeves all the more accessible by all stakeholders in the company. Chris Parsons, Finance Director, Halsion Limited

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We used Kreston Reeves for the first time with our 2020 audit. From the time that we appointed them as auditor, to the present day, they have been extremely helpful... More and supportive to us. A first year audit is always difficult, especially in the current Covid-19 environment. Despite this, the audit was completed to the agreed time scale. Throughout the course of the audit, documents were uploaded onto their user-friendly portal, follow up “Teams” calls were made to clarify any questions. All in all, I feel that the audit proceeded smoother than in previous years when we used a Big 4 auditor. I would be happy to recommend Kreston Reeves, as auditor, to other companies. Robert Baker, Head of Finance, Cobalt Ground Solutions Ltd

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Kreston Reeves provide a professional and bespoke audit service tailored for the National Federation of Builders. We have appreciated their support and advice as we develop and grow our... More membership. James Peach and the audit team are aware of our needs and have flexibility in their approach to matters. In addition to the audit they support us on tax matters including queries those related to our non profit mutual trading status when I joined the company. I am very pleased with the service and support provided by Kreston Reeves and can strongly recommend them as audit advisors. Brian Phoenix, Finance Director, National Federation of Builders

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Global Invacom has worked with Kreston Reeves for only 2 years and they are providing a range of audit and advisory support. Michael Cook and his team came in at... More short notice to a multi-site, multi-country audit reporting to a mainboard listed Group in Singapore. They quickly built a good understanding of our business and sector and we delighted to have them as part of the Global Invacom team. Matt Garner, Chief Financial Officer, Global Invacom

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Kreston Reeves have been our auditors since February 2014 when they were Spofforths LLP. With our tender process we were looking for a local provincial firm that was partner-led, able... More to provide a full and concise audit service as well as offering us a quality payroll bureau. Kreston Reeves have delivered on this year after year. We have always found our audit partner, Mrs Sarah Ediss, and her team, very professional and knowledgeable of both UK accounting standards and the SORP. Crucially, they understand how a school works which is very important to a busy Bursar! I would have no hesitation in recommending Kreston Reeves to any independent school. Paul Flowerday, Bursar, Micklefield School

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Kreston Reeves is also a quality Kent brand and that is important to our board and wider stakeholders. Those stakeholders need to understand the complexity of what we doing and... More that we are, ultimately, about reinvesting in the sector, and Kreston Reeves helps us achieve that. Chief Executive Deirdre Wells OBE

Learn more about our Audit and Assurance services

Our specialist audit and assurance advisors can help you with the management and corporate governance that your business needs. For more information on audits or any other accountancy and business advisory services please contact us on +44 (0)330 124 1399 to arrange to speak to one of our specialists in London, Kent and Sussex. Alternatively, you can email us.

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