Audit

Audit services from Lambert Chapman LLP – transforming compliance into opportunity

An audit provides assurance that your financial statements give a true and fair view. But with Lambert Chapman, it can be much more than a legal obligation. We use audits strategically to identify risks, strengthen controls and enhance your business efficiency, helping you meet statutory requirements and improve commercial performance.

What we offer:

• Statutory audit services
  We conduct audits in accordance with UK auditing standards, delivering clear, compliant financial reports for stakeholders such as shareholders, lenders, HMRC, regulators, or potential investors.

• Risk-based planning and review
  Our approach begins with understanding your business, industry, internal controls, and financial systems. We tailor our audit to focus on key risk areas, using modern audit accounting software and procedures for maximum relevance and efficiency.

• Value-added insight
  We don’t limit our role to ticking boxes. We evaluate your financial processes, management systems, and reporting flows, and look for opportunities to improve accuracy, speed, internal controls and cost-efficiency.

• Practical recommendations
  We present findings in clear language, discussing weaknesses and opportunities with you, and help you implement agreed improvements – whether that’s tighter financial controls, streamlined reporting, or clearer workflow documentation.

• Partner-led, accessible service
  Audits are delivered under senior oversight and partner involvement. We combine deep technical understanding with practical business sense and we use secure, cloud-based collaboration tools to deliver remote audits efficiently and professionally.

• Audits for the charity sector
  Our audit service for charities is designed to provide reassurance that your financial statements are accurate, your internal controls are robust, and your reporting obligations are being met.

We have included some frequently asked questions at the bottom of the page.

Audits for the charity sector

Charities and not-for-profit organisations face unique financial and regulatory challenges. Trustees are accountable not only for ensuring compliance with charity law and the Charities Commission requirements but also for maintaining the trust of donors, beneficiaries, and regulators.

Our audit service for charities is designed to provide reassurance that your financial statements are accurate, your internal controls are robust, and your reporting obligations are being met. We also highlight opportunities to strengthen governance and improve financial transparency, helping trustees demonstrate accountability and safeguard the charity’s reputation.

How We Support Charities:

• Ensuring compliance with the Charities Act and Charities SORP.

• Reviewing governance arrangements and risk management practices.

• Providing independent assurance to trustees, funders, and stakeholders.

• Advising on internal controls and systems to improve efficiency.

• Offering practical recommendations that add value beyond compliance.

More information on our dedicated Charity Audits page

Why choose Lambert Chapman?

• Strategic mindset
  We see an audit as more than a compliance exercise – we use it as a lens to spot inefficiencies and drive improvement.
• Proven audit experience
  Our team, including senior managers and partner-level auditors, brings strong sector experience and technical know-how.
• Remote-friendly, modern approach
  Using secure portals, video conferencing and digital tools, we work effectively with clients across the UK and internationally, minimising disruption to your day-to-day business.
• Clear reporting, clear action
  We deliver audit reports that are easy to understand, alongside practical recommendations tailored to your business.
• Timely delivery and proactive communication
  We keep you informed at every stage of the audit, present interim findings early, and coordinate with your management team to avoid surprises.
• Enhanced credibility and stakeholder confidence
  A thoroughly prepared audit not only satisfies legal obligations but also supports better business decision-making and builds trust with lenders, shareholders, regulators, and trading partners.

➡️ Ready to get started? Get in touch for an audit quote today

If you’re looking for a partner-led audit service that delivers assurance with insight, Contact Us. We’ll discuss your needs, explain the audit process, and propose a tailored scope and timetable that works for your business.

Audit Services from Lambert Chapman LLP – FAQs for businesses:

1. What is a statutory audit and who needs one?

A statutory audit is a legally required review of a company’s financial statements, confirming they give a true and fair view. Companies meeting thresholds for turnover, balance sheet value or number of employees – or those in regulated industries – are often legally obliged to have one.

2. Can Lambert Chapman carry out audits for companies outside Essex or London?

Absolutely. We use modern audit accounting software, encrypted document sharing and virtual meeting platforms to deliver audit services across the UK and beyond. Whether you’re in Scotland, Wales or overseas, you’ll get the same partner-led service, timely feedback and professionalism as our local clients.

3. What technology do you use for remote audits?

We employ modern audit accounting software, secure portals for uploading and reviewing documents, and video calls for interviews and team walkthroughs. This makes the audit process more efficient, faster, and less disruptive to your day-to-day operations.

4. How does an audit add value to my business, not just tick the compliance box?

A quality audit provides assurance to stakeholders, identifies control weaknesses, suggests improvements, and can strengthen trust from investors, lenders or trading partners. We also use audit findings to recommend enhancements to your internal processes and financial controls.

5. What’s the audit process like, and how will I be kept informed?

We begin with a risk-based planning phase – understanding your business, controls and key risks. Throughout the audit we keep you updated via regular virtual meetings or calls, share interim findings for correction, and provide a clear report at completion. Our partner-led approach ensures senior oversight and timely advice.

6. How long does an audit usually take?

Timing varies by company size, complexity and your level of financial preparation. In many cases, remote collaboration using digital tools accelerates the process compared to traditional audits. We’ll give you a clear timetable upfront and keep to it through proactive communication.

7. How can I prepare to make the audit smoother and faster?

Early organisation of your financial records, clear digital document storage, and upfront explanation of key business events (e.g. one-off transactions, new contracts, internal reorganisations) can help. We’ll also send you a preparatory checklist in advance to ensure the audit runs as efficiently as possible.