Audit & Accounts - Champion Accountants

Breaking down the 2026 SORP, Audit and FRS 102 updates for charities

On October 22, 2025 / Business Advisory, Audit & Accounts

A major overhaul of charity financial reporting is on the horizon, as significant updates to the Charities SORP come into play from 1st January 2026. While changes to audit thresholds and FRS 102 have already been confirmed, we’re still awaiting the final draft of the SORP changes

The secret to a successful sale? A team that cares

On July 30, 2025 / Audit & Accounts, Business Advisory, Tax

The secret to a successful sale? A team that cares Ballard Evans are corporate finance advisors, specialising in partner-led advice that helps owners of private companies secure the best deal when they’re ready to sell. Here, Managing Partner Jon Ballard shares the key considerations for anyone thinking

Associated Companies: What Every Business Owner Needs to Know

On July 28, 2025 / Audit & Accounts, Business Advisory, Tax

The Corporation Tax landscape changed significantly on 1st April 2023, with changes to the Finance Act 2021, but with so many other major reforms affecting businesses, it may have slipped somewhat under the radar. If you own multiple companies or have business connections through family relationships, these

Accounting Automation: Streamline Your Business Finances

On July 7, 2025 / Audit & Accounts, Business Advisory, Cloud Accounting

Accounting Automation: Streamline Your Business Finances New technology continues to change the business landscape. Yet despite that, we still find plenty of businesses working on legacy systems or using manual processes to manage their accounting. While they wrestle with spreadsheet formulas, and triple checking expenses and invoices,

Clear insights: how digitisation strengthens your financial health

On March 14, 2025 / Audit & Accounts, Cloud Accounting

Now is the time to embrace digital accounting. In today’s fast-moving business landscape, immediate access to financial data empowers faster, more informed decision-making. Companies that delay digital adoption risk falling behind, while competitors leveraging cutting-edge financial tools adapt dynamically to changing conditions. Traditional accounting often means working

Statutory audits demystified: what to expect & how to prepare

On March 12, 2025 / Audit & Accounts

A statutory audit is a legally mandated review of a company’s financial statements by an independent auditor, ensuring they accurately and fairly reflect the company’s financial position. Beyond compliance, a statutory audit brings significant benefits: Enhanced Credibility – Boosting trust with stakeholders, investors, and regulators. Improved Internal

The property pinch: Managing a successful portfolio amid high, fluctuating interest rates

On January 29, 2025 / Audit & Accounts, Business Advisory

If you’re a landlord or property investor, you’re likely to feel that building and managing your property portfolio has become significantly more challenging of late. Although once considered a reliable path to financial stability, a solid investment, and a dependable income stream, times have changed. Factors like

Informed, experienced, and considerate: How to hire the right audit team

On September 17, 2024 / Audit & Accounts

An independent and impartial evaluation of your business’s financial statements and internal controls can be invaluable. External audits help stakeholders, including prospective buyers, investors, creditors, referral partners, regulators, as well as your employees, trust and feel fully confident in the accuracy and reliability of your financial reporting.

Champion bolsters audit talent following revenue boost

On August 12, 2024 / Audit & Accounts, Team News

Champion Accountants, the expert accountancy and advisory group, has bolstered its thriving audit team with the appointment of two talented audit professionals, Fahim Ashraf and Jake Edwards. The appointments follow significant growth in Champion’s audit arm, after the group recorded a 31 per cent revenue increase in

Real time financial data is the linchpin of a successful business strategy

On July 19, 2024 / Audit & Accounts, Business Advisory, Cloud Accounting

Written by Andrew Spillman-Hays, head of management accounts at Champion Accountants In business, and particularly accounting, surprises tend to be unwelcome. The element of surprise might be lauded in other areas of life, but it is rarely good news in bookkeeping and financial planning. Fortunately, it doesn’t