This balanced piece introduces statutory audits in the UK: why organisations use them, what auditors do, and how findings are communicated. It explains materiality, testing, presentation, and going‑concern in clear terms, and separates audits from independent examinations. Boards, trustees, and finance teams get practical readiness steps: closing schedules, review sign‑offs, and documented judgements. The tone is educational, unbiased, and sector‑agnostic, highlighting regulatory discipline and trust.