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Audit services in Cambridge and beyond

A statutory audit is a legal requirement for many businesses, but it can be much more than a compliance exercise. Done well, it gives you a clearer picture of your financial position, highlights risks before they become problems and shines a light on ways to improve your business operations.

Whether you’re in Cambridge or further afield, we’re an external audit firm that’s thorough and risk-focused. You’ll benefit from a jargon-free report with key financial audit findings. You always deal with the same team, auditors who’ll provide an analysis of your accountancy systems and get straight to what matters.

Get in touch to talk about our financial audit services.

Speak to an expert

Bertie Newman, Partner in PEM's Audit team

Slick, risk-focused statutory audits

Whether you’re a commercial business or a non-profit organisation, you can rely on us for your:

Statutory audit: our specialist team goes beyond the compliance checklist, providing value-added services and practical recommendations.
Grant audit: if you’ve received project funding, our auditors can verify and approve expenditure across a wide range of funding programmes, giving funders the assurance they need.
Specialist audit: where your audit requirements are set by a professional body or regulator, we will identify what’s needed and complete the work carefully and swiftly.

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James Burrett, Partner in PEM's Audit team

An audit that gives you more than compliance

Corporate Audit.

Grant Audit.

Independent Examinations.

Not-for-Profit.

FAQs

I’m a charity, do I still need an audit?

Charities need an independent examination (rather than an audit). If your gross income is:

Between £25,000 and £1,000,000 where your gross assets do not exceed £3,260,000; or
Between £25,000 and £250,000 where your gross assets do exceed £3,260,000

Charities with an income not exceeding £25,000 are not required by law to have an independent examination, but you can choose to.

What is FRS 102?

In January 2026, FRS 102 had a significant update. These changes aim to align UK Generally Accepted Accounting Practice (GAAP) more closely with international standards, improving transparency and comparability.

By using our FRS 102 hub, you’ll stay informed, reduce compliance risk, and ensure your financial reporting remains accurate and transparent. Whether you’re an SME or a larger organisation, these resources will help you navigate the changes confidently and turn compliance into an opportunity for better reporting.

Visit the FRS 102 hub

Changes to the Economic Crime and Corporate Transparency Act

Under changes to the Economic Crime and Corporate Transparency Act (ECCTA), from 18 November 2025, all new directors and persons with significant control (PSCs) will be required to verify their identity at the point of incorporation.

Our ECCTA hub helps company directors and persons of significant control understand the upcoming changes and provides clear, practical guidance ensuring you know what’s required, why it matters, and how to stay compliant.

Visit the ECCTA hub