A comprehensive report prepared by accountants that includes financial information, often required to be included in a company's prospectus as mandated by the London Stock Exchange.
Audit exemption is the exemption from statutory audit by a registered auditor that can now be claimed by most small companies.
A consent letter is a formal document included in a prospectus where an expert, such as a reporting accountant, consents to the issuance of the prospectus and acknowledges the inclusion of their report or any reference made to them.
A reporting accountant is responsible for providing financial information in a prospectus or reporting on small company accounts, primarily ensuring consistency with accounting records and legal provisions.
