Chiene + Tait has broad experience of liaising with auditors in different jurisdictions, both reporting to parent auditors overseas and working as group auditor with component auditors based in different countries. We are fully conversant with ISA 600 “International Standard on Auditing (UK and Ireland) 600” which sets out the requirements in this area, and regularly perform the role of component auditor, working closely with the group auditor and engagement team. We have established processes in place which ensure a coordinated approach from the planning stage through to sign off and that group reporting deadlines are met. We focus on collaboration and regular communication with our clients and all those involved in the group audit process. We provide these audit services to entities across the UK, and work closely with our own corporate and personal tax, accounting support, payroll bureau, and corporate finance teams. This gives us the ability to provide a “one-stop shop” service to overseas clients, providing quick and tailored assurance, whether working with colleagues within the AGN International network or other firms.

We can assist entities seeking to convert from UK GAAP to IFRS or other non-UK GAAP, or from IFRS to UK GAAP. With experience across a variety of different sectors our assistance can be tailored to a range of options, from a full conversion exercise to a brief review, with varying levels of advice and implementation support as required. Conversion to different accounting standards can also have taxation implications, and we benefit from having our in-house expert advisers in these areas. This ensures that key tax considerations are taken into account and the risks and associated impacts mitigated where appropriate.