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Lexington French Associates Limited
prides itself for having the capacity
to live up to the challenges of a modern and dynamic
business environment and being able to deliver
a high quality of professional service to the
satisfaction of clients.
Our
mission is to help our clients (small and medium
sized enterprises) to be successful in their business
endeavours by providing expert financial support
services (accounting, auditing, taxation, and
financial management advice and management consultancy)
at affordable rates.
Our firm is a registered
private company in England and Wales and is regulated
in terms of the Companies Acts, DTI guidelines
and Accountancy Bodies under whose aegis Directors
and Associates are permitted to engage in public
practice. All Directors and Associates are qualified
Accountants and hold diplomas and certificates
in Accounting & Finance, International Financial
Reporting and International Auditing from the
Association of Chartered Certified Accountants
(ACCA); the Institute of Certified Public Accountants;
the Institute of Incorporated Public Accountants;
the Association of International Accountants and
the Association of Certified Management Accountants
- all of which subscribe to the International
Accounting and Financial Reporting Standards and
the International Standards on Auditing (United
kingdom and Ireland).
In the area of Corporate
Accounting, we provide a full range of
computerised Book-keeping and Accounting services.
We prepare monthly management accounts tailored
to the management information needs of each client.
We also assist our clients with the financial
management of their businesses by preparing monthly
cash flow statements. And finally, we prepare
the annual or year end (final) accounts in accordance
with statutory requirements and in compliance
with UK and International Accounting and Financial
Reporting Standards.
For Auditing
and Assurance Engagements, we adhere
to the International Federation of Accountants
(IFAC)'s : Code of Ethics for Professional Accountants
in Public Practice; the international Standards
on Quality Control (ISQC); the International Framework
for Assurance Engagements; Standards and Guidelines
of the International Auditing and Assurance Standards
Board (IAASB) and the relevant Companies Acts
and other legislation governing the entity concerned.
In addition to external
audits, we also undertake Internal Auditing
Engagements for clients who find it to
be cost effect to contract out this function rather
than maintaining an in-house internal audit department.
In this regard, our firm is capable of undertaking
Efficiency and Effectiveness Audits, Value
for Money Audits, Compliance Audits and Forensic
Audits/Investigations.
We are also
authorised to act as Reporting Accountants
for small charities
in accordance with Companies Act 1985 Sections
246-249.
For Taxation
work our firm follow guidelines and code
of ethics set by the Chartered institute of Taxation
and the Federation of Tax Advisers.
Finally, for
Management Consultancy assignments,
the firm follows principles and practice and adhere
to the codes of ethics of the Institute of Management
Consultancy, the Institute of Financial Consultants
and the Chartered Management Institute.
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