Veritas believes that creating value can make a significant difference to a client's bottom line. As auditors we deliver a thorough, robust audit that provides you with an independent opinion on your accounts and real assurance over your numbers. However, we don't just leave it there…

At Veritas we develop a detailed understanding of your business. This way, we can provide you with constructive, proactive advice on a wide range of business issues, including: business risks, financial systems and controls, IT systems and controls, wider business processes and controls, benchmarking, tax compliance and business and tax planning.

Critical to the quality of our service is:

• Significant partner input - our partners take time to understand you and your business. Their experience ensures you receive excellent accounting technical input and proactive advice.
• Team continuity - we know how important this is and we deliver, so there is no need to explain the same things every year as with most large audit firms.
• Staff training - every member of our audit team receives regular, formal training to ensure they are technically up to date and can audit to the highest standards.
• Internal systems and controls - we invest significant time and resources to ensure our internal systems and quality control procedures are second to none.

At Veritas we provide advice to the management and stakeholders of underperforming and financially distressed businesses to help ensure survivability and to protect investments. Our review of the liquidity and related cash flow issues affecting the business enables us to understand and analyse drivers of cash flow and to carry out what we term "performance improvement measures". We work with our clients to implement a recovery programme aimed at strengthening revenue, liquidity and margins.

In reality insolvency should be the least preferred option, with the focus being on adopting a collaborative approach that helps SME’s effect a turnaround by providing them with access to a panel of business experts. This strategy tailors a solution that can source independent funding, inject the appropriate skills, and place interim management if required. This allows secured creditors (generally the bank) to continue to support a business without further exposure, allowing the SME to continue to trade profitably and improve the banks security position.

If Insolvency is the only option we work closely with insolvency consultants so our clients can obtain advice on IVA’s, CVA’s, bankruptcy and debt consolidation.

The production of financial accounts tells the owner and the business environment – banks, customers, creditors and HM Revenue & Customs – how the business is performing. We offer a full range of accountancy services to sole traders, partnerships or companies, and other organisations, such as charities. Our work is always conducted in a professional but cost effective manner, and is very well respected by the people who use the accounts we produce.

Financial accounts alone however provide a historical view of a companys performance. Todays owner manager wants to know how the business has perfomed the last month or last quarter. We can build a set of management accounts to suit your particular business to focus on sales volumes, operating cost reduction, wastage and margins or whatever key performance indicators you find most relevant to your business.

These are only a few examples of areas of focus and will vary from business to business. With the lack of liquidity in the banking sector more and more financial institutions are requiring up to date management accounts as part of their review of banking facilities.

The investigation of fraud, corruption and other economic crime, particularly where the integrity of senior management has been called into question, requires a thorough, professional and independent approach. Stakeholders and regulators will require the reassurance of an effective response, should an issue arise that poses regulatory, financial or reputational risk.

Veritas has a team of trained investigators which includes forensic accountants, solicitors, former regulators and law enforcement officers. This wealth of knowledge and expertise can be brought to bear on any investigation, financial or non-financial including;

• Anti-money laundering
• Asset tracing and recovery
• Fraud and financial crime
• Commercial investigations
• Bribery and corruption
• Expert witness
• Royalty infringement

To reach their full potential, Veritas believes it is important that organizations balance their focus between compliance and business improvement. Our internal audit service helps companies evaluate their internal audit functions and compares them with best practice. We can assist the management on how to identify target areas for performance improvement and make recommendations to achieve a more effective and efficient function that is aligned with the company’s objectives.

Our areas of focus include the following services:

• Setting up a new internal audit function
• Benchmarking an internal audit function
• Corporate Governance reviews
• Providing a fully outsourced internal audit services
• Providing a co-sourced internal audit services
• Internal audit co-sourcing/outsourcing — advice on the design and implementation of improvements to address deficiencies or gaps in processes and controls that have been identified as a result of an internal audit-monitor project or an internal audit risk assessment.
• Internal audit transformation — helps organizations understand the misalignments, challenges, and improvement opportunities within their internal audit function and helps them identify leading practices that can be implemented. This helps you achieve a more sustainable, efficient and effective internal audit function and improved risk mitigation.

TAS Books Accounting Products

Whether you're self-employed or running a small business, keeping on top of your work can be a full-time job. The last thing you need is to find the extra time to keep on top of your business accounts too. As we are Chartered Accountants, we understand what financial information is required to manage your business on a day-to-day basis.

The TAS Books range of accounting and payroll software is designed for people who have very little or no accounting knowledge. It's easy to install, simple to use and will save you hours on the time you'd normally spend doing your business accounts.

When you have invested in TAS software, you want it to work hard for your business. That's why we offer comprehensive training that perfectly complements our products, giving you a fast-track to getting the most out of your system software.

We recommend TAS Books to all of our clients and are a TAS reseller for all products. Our TAS trainers have extensive product knowledge as well as proven skills and experience. Our role is to enable you to get the very best results from your software starting from the moment you install it. We offer bespoke training packages such as stock module training or comprehensive training across all aspects such as:

• Customers & Sales Ledger
• Suppliers & Purchase Ledger
• Accounts & Nominal Ledger
• Cash & Bank
• VAT & Auditing
• Comprehensive Reports

contact us for details of our next training courses on 028 82 247045