Care with Audit Exemptions

The JournalMarch 02, 2004

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Summary


Small businesses should be wary of recent changes to the audit exemption threshold, finance experts warn.

In a bid to cut red tape, the audit exemption limit has changed from those companies with a turnover above pounds 1m to a limit of pounds 5.6m and above.

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Extract


Care with Audit Exemptions

The deregulation has been welcomed as more...

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