As UK audit thresholds are in the process of increasing significantly many entities will no longer require a statutory audit. With increasing business complexity both in terms of structures and transactions it is important to know that assurance can be obtained on specified areas and matters without the need for a full audit.
Aspect assurance, sometimes known as "agreed upon procedures", can be a useful solution. Under such an engagement we carry out specified procedures and work to cover precise areas of concern.
In this article we tackle the complex rules of US real estate ownership and what this means for your tax planning… twitter.com/i/web/status/8…
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