Subsidiary Audit & Group Reporting

Statutory audits for UK subsidiaries, delivered clearly and efficiently. We coordinate with your parent group, align to group timelines, and ensure your UK financials hold up to global scrutiny.

Reduced audit friction

Group alignment & communication

Coordinated global reporting

UK compliance assured

Service lead

Katie Halsall

Director of Audit & Assurance

UK subsidiary? Let us handle your local audit.

We ensure smooth, reliable audits that align with your group process and meet UK statutory obligations.

You shouldn’t have to manage audit chaos across borders.

You may be:

  • A UK subsidiary of an international group

  • Required to produce statutory financial statements under UK GAAP

  • Dealing with complex intercompany transactions or transfer pricing

  • Tired of audit delays and miscommunication between group and local teams

We deliver reliable UK audits that align with your parent company’s reporting standards and timelines. We speak both languages: local compliance and global coordination.

"Our role is to make your UK audit smooth and stress-free - so your global team stays focused on the big picture."
Katie Halsall
Director of Audit & Assurance

A UK audit that fits your global structure

Local statutory compliance. Smooth group reporting.

Included in our subsidiary audit & reporting service:

  • Named Audit Lead for continuity and clarity

  • Local statutory audit under UK GAAP or IFRS

  • Audit coordination with parent company/group auditors

  • Support with intercompany balances and reconciliations

  • Timely delivery to group deadlines

  • Communication with group audit team as required

  • Review and mapping of financial statements to group format

Reliable audits. No chasing. No surprises.

A structured, efficient process that fits your timeline.
  • Clear scoping meeting at the outset

  • Coordination with group audit teams and timelines

  • Dedicated contact throughout the engagement

  • Proactive updates and full transparency

  • Support with disclosure requirements and reconciliations

  • Secure file transfer and documentation exchange

  • Final reports delivered on time, in the right format

"We remove the friction from local audits so your group team doesn’t have to."
Georgia Ludlow
Audit Specialist
"Our team understands both UK audit rules and international expectations - and we bridge that gap seamlessly."
Mark Martin
Partner and Director of Tax

Our promise

We promise to respond to every enquiry within one business day, providing a clear timeframe for the anticipated resolution.

Dependable, responsive, and globally aware.

  • Experienced in working with global audit teams

  • ICAEW regulated UK audit firm

  • Fast, responsive communication with your UK and international stakeholders

  • Aligned to your deadlines and standards

  • First response within one working day

Make your UK audit seamless

Book a call to get started.

Members of our Audit team

Katie Halsall

Director of Audit & Assurance

Georgia Ludlow

Audit Specialist

Tom Dobson

Audit Assistant

Lucy Alexander

Audit Assistant

Frequently asked questions

Yes, if your UK subsidiary meets the statutory audit thresholds, you will need a UK-compliant audit even if your group is audited elsewhere.

Yes. We frequently coordinate with international audit firms and group teams to streamline the audit process and align deliverables.

Yes. We can produce statutory accounts under UK GAAP or IFRS, depending on your requirements.

Typically 6–8 weeks from scoping to delivery, though we align our fieldwork and reporting to your group audit deadlines.

Absolutely. We offer audit readiness reviews to make the process more efficient and reduce risk.

Our core sectors

Our expertise spans a wide range of industries, with 60% of our client base concentrated in the following core sectors:

Professional Services

Consultants, agencies, engineers, and other specialised firms providing expert professional services.

Technology & Innovation

SaaS companies, crypto businesses, software development firms, and tech start-ups.

Manufacturing & Logistics

Manufacturers, supply chain operators, warehousing businesses, and logistics providers.

While we specialise in these areas, our diverse client portfolio includes businesses across various industries, from retail to construction and manufacturing to hospitality.

No matter your sector, we’re equipped to support your growth and success.

Trusted by businesses like yours

"Caldwell Penn's transparency, professionalism, attention to detail, and friendliness distinguish them from all other firms we have previously engaged. They have exceeded our expectations by additionally offering R&D advice, which has significantly benefited our operations."
Allaero Limited
"While it’s hard to get excited about an audit, Caldwell Penn made the experience as seamless as possible. Communication was clear and effective, and the management letter provided valuable insights for our business. We highly recommend their services to any business in need of a thorough and efficient audit."
UK Lanyard Makers Ltd
"Caldwell Penn handle everything for us with a proactive, tailored approach. Their dedicated team understands our goals, ensuring we never miss tax-saving opportunities. They’re more than accountants, they’re partners in our growth."
Syon Creative Ltd
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