If your pension scheme requires an audit (most do), you will need a reliable and trustworthy partner to undertake this. This will give you peace of mind that your pension scheme accounts and records are being completed and kept correctly.
An audit will review the amounts reflected through the records and consider the risk of error or fraudulent activity taking place.
Whilst an audit does not provide 100% guarantee that the pension scheme finances and the accounts are risk free they offer a high level of assurance which is relied upon by the Pensions Regulator.
As part of an audit we would complete the following:
Plan with the trustees a suitable timetable to complete the audit (well within statutory timelines)
Correspond with the scheme administrators to collect required information in a prompt manner
Complete an audit assessment based on factors raised on a review of the accounts
Provide an audit report signed by us to confirm if the accounts provide a true and fair view
Provide details of items causing concern and potential solutions to the problems
We are also happy to meet with the scheme trustees to discuss our findings, if required.
At Accountants 4 Pension Schemes we have developed systemised approaches to allow us to complete a detailed analysis of your records. We also look at the bigger picture for your scheme and where appropriate, will offer positive suggestions to resolving potential conflicts going forward.
To get a quote for us to provide the Auditing Services for your scheme click below or call a member of our specialist team on 01474 853856.
Want to find out more?
Call us on (01474) 853856 and we will put you in contact with one of our advisers, or send us an enquiry by clicking below.