This course provides a clear, practical overview of the Companies Act 2006 requirements relating to company and group size and audit exemption. It explains the relevant statutory thresholds and rules in detail and shows how to apply them in practice through worked examples, enabling you to make confident judgements about audit requirements.

Learning outcomes

By the end of this course, you will be able to:

• Understand the company and group size criteria and audit exemption rules under the Companies Act 2006

• Determine whether a company or group qualifies as small for statutory purposes

• Assess confidently whether an audit is required, exempt or optional in a range of practical scenarios