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Blogs & Insights

What is Open Banking and how can it help the world of audit?

In 2021 open banking hit a UK high of 4.5 million users with 3.9 million of those being consumers and 600,000 small businesses, however despite the strong growth of open banking within the UK, many people still have never heard of the term. Open banking gives individuals and companies the ability to share current account […]

Best Practice Guide – Saving Evidence

The collation of evidence could be considered as one of the biggest pain points of performing and completing your assurance report. At Assure UK we have recognised 5 best practices of how you can collate and organise evidence to ensure a smooth and quick assurance process: Resource Planner We recommend introducing a resource planner for […]

What do you get out of Cyber Essentials and its value?

At Assure UK we want to help you understand what Cyber Essentials is and the value it can bring you and your organisation. Firstly, you might be thinking what is Cyber Essentials? Cyber Essentials is a Government backed scheme which will help you to protect and prevent your organisation against around 80% of cyber threats […]

Pensions: How to be Scam Smart

Pension scamming is a sophisticated crime that can be difficult to spot. Pension scammers generally appear to be highly knowledgeable and usually come armed with materials and information that appears to be entirely credible. The result is often that an unsuspecting victim puts their trust and their pension pot into the wrong hands, sometimes with […]

How to complete an AAF project on time for an agreed fixed fee

At Assure UK, we know how frustrating and expensive the assurance AAF reporting process can be. This is why we pride ourselves in delivering a proven quality AAF process in a timely manner so that you have more time for governance. We will help solve your headaches by guiding you through the assurance maze with […]

AAF Best Practice Guide: How to budget time and cost for AAF work

Assurance reporting can be painful for many individuals and may be the last thing you want to think about and plan for amongst countless other tasks. Pain points of planning ahead for your AAF report we have highlighted may include time consumption, unreliability, uncontrollability, a waste of time and many more! This is why we’ve […]

Performing onsite testing from home | Assure UK

Like many others, government guidelines over the past year, have meant many of our team have been working from home. We wanted to update you on the measures Assure UK have implemented to ensure we continue to provide you maximum assurance on your internal controls. We understand that completing onsite testing is very important. Therefore […]

COVID-19: How to protect schemes from sponsor distress

As of 12 November 2020 the Pensions Regulator (tPR) declared that pension trustees for specifically defined benefit (DB) pension schemes must be ready for possible sponsor distress following the effects of the Coronavirus pandemic. Trustees should be ready and cautious for indications of employer distress or insolvency which consequently could be detrimental for the supported […]

Providing your audit and assurance services better than ever from our homes

Remote working During these tough times of Covid-19, Assure UK understand the importance of continuing to deliver the services we promise to every one of our clients. Lockdown has allowed the team to adapt the procedures of our audit and assurance projects to maintain a smooth process from the comfort of our homes. Technology is […]