Financial Auditing

At Prydis, we provide professional and tailored financial auditing services to businesses in Exeter, Devon, and Cornwall, including Liskeard and Newquay. As a trusted and regulated firm of chartered accountants, we understand the importance of accurate financial reporting, statutory compliance, and the insights this can give you and your business.

Whether you require an audit to meet specific requirements, support investor confidence ahead of a round of funding, or to simply gain some additional clarity on internal processes, Prydis delivers independent and insightful audits tailored to your business its specific needs.

Why Financial Auditing Matters

Financial audits are about more than just ticking boxes. They are in-depth and insightful and can provide extremely useful information for your business that will allow you to make changes and improvements in the right areas. A high-quality audit:

• Increases the credibility of your financial statements
• Improves stakeholder and investor confidence
• Identifies inefficiencies and potential areas of risk
• Improves internal systems and controls
• Ensures compliance with UK statutory requirements and accounting standards
• Supports better strategic decision-making

For both regulated and non-regulated entities, financial audits are a key step towards greater financial integrity and overall business improvement.

Prydis’ Approach to Financial Auditing

At Prydis, we go beyond the just the numbers. Our auditing process starts with a deep understanding of your business operations, goals, and industry. With our financial auditing services in Devon, we aim to uncover meaningful insights that not only meet your requirements but also strengthen your business from within, giving you the confidence to push forward with any growth plans you may have.

Key considerations in areas of focus within financial auditing by Prydis:

• Risk-based: We focus our efforts on where risk is the greatest.
• Transparent: You are kept informed at every stage of the audit process.
• Collaborative: We work closely with management and stakeholders to understand your operations.
• Efficient: Our experienced team works to minimise disruption and deliver within agreed timelines.

As part of our integrated service model, we also collaborate with Prydis’ tax and advisory specialists to offer continued support throughout your financial year.

Our Financial Auditing Services

Prydis offers a comprehensive range of financial auditing services that will help to support your business goals. Our audits are tailored to the size, sector, and structure of your organisation, ensuring that any results from the audit can be translated into specific actions that will see a positive improvement in your business.

Statutory Financial Audits – Annual audits in accordance with UK GAAP or IFRS. These audits are suitable for companies above certain audit thresholds or within regulated sectors.

Voluntary Audits – For businesses below the audit threshold that still want independent verification. This type of audit helps to identify internal weaknesses before they turn into bigger issues.

Internal Audit Services – The review and improvement of internal financial controls and operational processes. This audit is designed to prevent fraud, unwanted waste, and any other inefficiencies

Pension Scheme Audits – Annual audits for defined benefit and defined contribution pension schemes

Solicitors Accounts Rules (SAR) Audits – Annual compliance audits for legal practices under SRA regulations. A detailed review of client money handling and reconciliations.

Our Expertise

Prydis has built a strong reputation for delivering meticulous and insightful financial auditing services in Devon and Exeter. We are a firm of chartered accountants, regulated by the Institute of Chartered Accountants in England and Wales (ICAEW), and our audit team includes Registered Auditors with deep knowledge both of different audit types but alos of the local business landscape, so you can have peace of mind that

Our experience includes:

• Over 30 years supporting businesses across Exeter, Devon, and the South West
• Extensive audit knowledge across sectors including property, professional services, charities, manufacturing, retail, and agriculture
• A track record of working with both SMEs and larger, more complex corporate structures
• Deep familiarity with UK GAAP, IFRS, SORP, and industry-specific standards
• Integration with our tax and wealth management teams for seamless advisory across your business

We are particularly well-versed in supporting fast-growing companies, family-owned firms, and organisations preparing for investment, acquisition, or exit. Our proactive auditing approach often reveals opportunities to improve other areas, allowing us to provide a more comprehensive strategy for your business.

Get in Touch

If you’re looking for support and guidance in financial auditing, Prydis is here to help. We offer businesses in Devon and Cornwall professional expertise to help your business take control of its finances.

Call us – 01392 432431

Branches: Exeter | Newquay | Liskeard | Edinburgh