CASS Reports – Independent Assurance
Help demonstrate compliance, protect client money, and reduce regulatory risk.
If your FCA-regulated business holds or controls client money or custody assets, you may be required to obtain an independent CASS audit report. Our specialist team supports firms across the UK with clear, practical reporting under the FCA’s Client Assets Sourcebook (CASS) requirements.
We work efficiently with your compliance and finance teams to produce a robust report that supports your regulatory obligations and helps strengthen your internal controls.
Speak to our team about your CASS reporting requirement (click here)
What is a CASS Report?
A CASS report is an independent assurance report on whether a firm has complied with relevant FCA client assets rules during the period under review.
Depending on your permissions and activities, this can include assurance on areas such as:
- Client money arrangements and reconciliations
- Custody assets controls and record-keeping
- Segregation and safeguarding of client assets
- Systems and controls supporting CASS compliance
- Governance and oversight arrangements
- Breaches, exceptions, and remediation reporting
We help you navigate the scope and expectations so the reporting process is proportionate, clear, and regulator-ready.
Who needs a CASS Report?
You may need a CASS report if you are an FCA-regulated firm that:
- Holds or controls client money
- Safeguards or administers custody assets
- Operates under permissions that trigger CASS requirements
- Has been notified by the FCA or your compliance advisers that a report is required
If you’re unsure, we can help you assess your position and confirm what applies.
Not sure if you need a report? Contact us for a quick initial discussion (click here)
What we deliver
Our service is designed to minimise disruption while meeting regulatory expectations. We provide:
1) Scoping and planning
- Confirming the CASS areas relevant to your business model and permissions
- Planning the timetable around your reporting deadlines
- Agreeing evidence requirements and key stakeholders
2) Fieldwork and testing
- Reviewing policies, procedures, and operational controls
- Testing reconciliations, records, and key controls
- Identifying potential issues early to allow remediation where appropriate
3) Clear reporting
- A CASS report tailored to your firm and period under review
- Clear articulation of findings and exceptions
- Practical recommendations to strengthen controls (where relevant)
4) Ongoing support
- Support for remediation planning and control improvements
- Pre-year-end readiness reviews for smoother future reporting
- Ongoing guidance for operational and compliance teams
Why choose us?
- UK accountancy practice with CASS experience
- Practical, collaborative approach — we work with your teams, not against them
- Clear communication with regulators and stakeholders in mind
- Efficient delivery with structured evidence requests and realistic timelines
- Actionable feedback to improve your control environment (where needed)
Ready to discuss your CASS reporting requirement?
Whether you need a one-off CASS report, annual reporting support, or a readiness review, we can help.
Call us: 01642 606003
Email:
Learn more about Chris Neasham: Click here. Chris will lead on your CASS Report.