Audit threshold ? | AccountingWEB

Audit threshold ?

Hi Everyone !

I will prepare soon the accounts of 2 companies which apparently do not need any audit.

Could you please remind me what are the actual thresholds in turnover  / BS under which audits are not complusory.How are those thresholds calculated ( any tricks ? ).

Are there specific rules for the accounts presentation then ?


Sure this question will get one million posts ? ( unlike my Joint Venture question earlier on ....)

A big thank !



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Audit thresholds

Euan MacLennan |
Euan MacLennan's picture

Thanks Euan for this

cathycat |