Engagement detail
Opening Balance and First-Year Audit Support
Extra planning for companies facing their first independent audit, including opening balance verification and documentation readiness.
Who it is for
Founders and finance leads whose lenders or shareholders now require audited statements for the first time.
What you receive
A clearer path through the first audit season, with opening balances tested and documentation gaps closed early.
What is included
- Opening balance procedures where prior unaudited figures exist
- Document request list tailored to first-year readiness
- Pre-fieldwork readiness session with finance staff
What is not included
- Full reconstruction of historical books from incomplete source documents without a separate reconstruction engagement
How delivery unfolds
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Readiness session
We explain evidence expectations and timeline to non-accountant stakeholders.
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Opening balances
Material opening figures are verified against available records.
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Statutory fieldwork
The full year-end audit proceeds on a cleaner foundation.
How to prepare
Prior-year management accounts, fixed asset registers, and equity history.