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The Law

Accounts and Audit Regulations

The following is an extract from the Accounts and Audit Regulations 2003: Para 6 (as amended periodically) relating to internal audit:


"A relevant body shall maintain an adequate and effective system of internal audit of its accounting records and of its system of internal control in accordance with the proper internal audit practices, and any officer or member of that body shall, if the body requires:

  • Make available such documents of the body which relate to its accounting and other records as appear to that body to be necessary for the purpose of the audit; and,
  • Supply the body with such information and explanation as that body considers for that purpose"


See the full text of the Statutory Instrument here (with acknowledgement to the Crown Publishing Service).


Auditing Solutions Limited can provide an independent, comprehensive and professional internal audit of your accounting records, in compliance with the regulations.  Our experienced auditors will draw up detailed action plans to ensure best practice and compliance with the law where necessary, and will give practical and friendly advice on their implementation.

Statutory Instrument

To view the full text of the Statutory Instrument, with acknowledgement to the Crown Publishing Service, please click on the button below.

Statutory Instrument