Audits propel accountants to double-digit growth

By Tim Aldred

19 Jan 2024

Growing demand for its auditing services has helped Champion Accountants to a double-digit increase in annual revenues.

The firm, which operates offices in Blackpool, Preston, Chester and Manchester, says it has seen a 31 per cent uptick in demand for its auditing services from existing a new clients in response to rising costs.

As specialist auditors, with many of the Champion team having trained at Big Four firms, Champion Accountants act for numerous stand-alone companies and groups, many with overseas subsidiaries or parent companies.

Its audit clients range in annual turnover from £250,000 to in excess of £70m and include a number of smaller businesses which are exempt but opt to be audited for additional reassurance and peace of mind.

Mark Turner, audit partner at Champion Accountants, said: “This is a real, pressing issue for countless businesses nationwide. Some have told us they have been quoted a price hike of more than 50 per cent for this year’s audit – that’s a lot for any business to absorb, especially on a project that they are legally obligated to carry out.

"The big audit firms are also being hit hard by skills gaps – there simply aren’t enough qualified auditors to complete the jobs on their books, and so priority is given to the highest fee payers. Some businesses will pay, under the false impression that changing audit partners will be an upheaval. At Champion, we draw from a wide pool of talent across our office network, to ensure our audits are managed professionally, painlessly, to deadline, and on budget.”

Enjoyed this? Read more from Tim Aldred

Latest news

1

Preston's iconic red phone boxes set for makeover Preston Phone Boxes Visuals

Preston's iconic red phone boxes set for makeover

25 Jun 2024

2

Plans submitted for revival of historic Preston building Harris Institute

Plans submitted for revival of historic Preston building

24 Jun 2024

3

Chorley charity to inspire Spain's first children's hospice Cudeca Hospice Meets Derian House Childrens Hospice

Chorley charity to inspire Spain's first children's hospice

24 Jun 2024

4

Why a strong branding strategy matters AdobeStock_715177520 (1).jpeg.jpg

Why a strong branding strategy matters

25 Jun 2024

5

The best things in life - and business - are free 03e364b6-c99d-4ba8-af6d-01b02d7b4e19.jpg.jpg

The best things in life - and business - are free

25 Jun 2024

Lbv116 Ltb Strip980
Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Lancashire Built Environment Conference
BEC 315 X 315 Px
Networking
25 Sep 2024

Lancashire Built Environment Conference

Conference and Exhibition Centre, Winter Gardens Blackpool, FY1 1HL

08:30 - 13:00

RISE - The Academy for Female Leaders and Managers
WENDY BOWERS RISE Illustrstion copy.jpg.jpg
LBV Hub Seminars
11 Jun 2024 - 04 Dec 2024

RISE - The Academy for Female Leaders and Managers

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:00 - 16:30

Free 4 Week Growth Ignition Coaching Programme
UCLan Primary logo RKE.png.png
LBV Hub Seminars
19 Jun 2024 - 03 Jul 2024

Free 4 Week Growth Ignition Coaching Programme

Online, Preston, PR1 2HE

12:00 - 13:30

Adult Mental Health First Aid - Online Course
Youth MHFA.png.png
LBV Hub Seminars
25 Jun 2024

Adult Mental Health First Aid - Online Course

MS Teams, N/A, N/A

10:00 - 12:30

Business Networking in Blackburn - BNI Vista
EVENT LISTING SIZING Vista.png.png
LBV Hub Networking
25 Jun 2024

Business Networking in Blackburn - BNI Vista

Hampton by Hilton, 2 Frontier Ave, Blackburn, BB1 3AL

06:45 - 08:30

Business Networking in Chorley - BNI Endeavour
EVENT LISTING SIZING Endeavour.png.png
LBV Hub Networking
25 Jun 2024

Business Networking in Chorley - BNI Endeavour

Oak Royal, Bury Lane, Chorley, PR6 8SW

06:30 - 08:30

Business Networking in Accrington - BNI Zeus
EVENT LISTING SIZING Zeus.png.png
LBV Hub Networking
26 Jun 2024

Business Networking in Accrington - BNI Zeus

The Mill House, Corn Mill Yard, Accrington, BB5 5HX

06:45 - 08:30

Business Networking in Preston - BNI Diamond
EVENT LISTING BNI Diamond.png.png
LBV Hub Networking
26 Jun 2024

Business Networking in Preston - BNI Diamond

The Marriot Hotel, Garstang Road, Broughton, PR3 5JB

07:15 - 08:00

Lancashire Net Zero Carbon Conference
Net Zero Carbon Social 1200px 4
Networking
26 Jun 2024

Lancashire Net Zero Carbon Conference

Ribby Hall Village, Preston, PR4 2PR

08:30 - 13:00

Business Networking in Burnley - BNI Kudos
EVENT LISTING BNI Kudos.png.png
LBV Hub Networking
27 Jun 2024

Business Networking in Burnley - BNI Kudos

Prairie Sports Village, Windemere Avenue, Burnley, BB10 2FU

06:45 - 08:30

A Journey From Solo To Team
1.png.png
LBV Hub Networking
27 Jun 2024

A Journey From Solo To Team

Society1 Coworking Space, Preston, PR1 3LT

18:00 - 20:30

Business Networking in Lancaster - BNI Castle
EVENT LISTING BNI Castle.png.png
LBV Hub Networking
27 Jun 2024

Business Networking in Lancaster - BNI Castle

Vale of Lune RUFC, Powder House Lane, Lancaster, LA1 2TT

06:45 - 08:30

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV116 Online Graphic
Subscribe now

Weekly news bulletin