The Role of Technology in enhancing audit and assurance in the UK

The Role of Technology in enhancing audit and assurance in the UK Octa Accountants 8 Min Read May 7, 2023 Audit & Assurance Advanced analytics, automated processes, blockchain, machine learning (ML), and artificial intelligence (AI) are all concepts that audit professionals must learn and grasp. Companies are adopting emerging technologies rapidly to build interactions and […]

When is a company audit required?

When is a company audit required? Octa Accountants 5 Min Read Feb 10, 2023 Accounting & Bookkeeping Owners of small companies should not be concerned about audits, but if their company is expanding and becoming successful, company audits are required. An independent audit verifies the authenticity and dependability of their financial statements, providing trust to […]

Why is Financial Audit Important for UK startups & businesses?

Why is Financial Audit Important for UK startups & businesses? Octa Accountants 5 Min Read Jan 15, 2023 Audit & Assurance An audit is essential as it proves a business’s credibility via a company’s financial statements, and it also provides confidence to shareholders. Moreover, it is necessary to improve business performance, systems, and controls. An […]