Audit

Audit – an independent inspection of accounting and financial (accounting) statements of organizations and individual entrepreneurs, which aims to obtain sufficient confidence that the financial statements are free from material misstatement and reliably represent in all aspects the financial position, financial results of the company and cash flows .
Conducting an audit of the financial statements is an opportunity to obtain objective information on the real financial and economic situation of the company and make the right management decisions in an uncertain market environment. We provide audit services in the following areas:

• Mandatory and proactive audit of financial statements prepared in accordance with IFRS (banks, insurance organizations, public companies, investment funds, government funds and others)
• Audit of financial statements prepared in accordance with IFRS
• Special audit assignments at the client’s request, which are audit procedures agreed with the client, are less formalized, and they do not provide an opinion on the reliability of reports, but rather check certain indicators that are more interesting to the client. This is a more flexible type of service that allows the client to get a specific result without additional costs.
• Tax audit (Audit of tax liabilities) today is a harsh necessity, as only in the process of its implementation it is possible to put in order the reporting and reduce the risks of violation of the legislation on taxes and fees, and therefore the probability of misunderstandings and conflicts with fiscal authorities. Tax audit includes checking the calculation and payment of taxes and fees, the validity of the application of tax benefits, the correctness of the preparation of tax returns and other services designed to bring in accordance with the law, accounting and tax accounting at the enterprise. Also in the function of tax audit is the assessment of tax risks, which allows to minimize risks when paying taxes
• Investment audit – targeted and efficient use of financial resources
• Confirmation of the prospectus of issues

In prior to the conclusion of an audit services contract, our Company’s specialists will carry out a preliminary expert examination of economic activities in order to study and understand the client’s business strategy and industry specifics. They will determine the degree of audit risk and the level of materiality, conduct tests to determine the client’s business going concern and assess the internal control system in the organization and maintenance of accounting.