Unveiling clarity within complexity, our audit, your peace of mind
The financial audit is a process of independent examination of a company’s financial statements, aimed at assessing their accuracy, completeness, and compliance with accounting standards and regulations. Financial audit is essential to maintain stakeholders’ trust and ensure financial transparency of a company. It is typically conducted by independent external auditors, in accordance with professional audit standards. Here’s an overview of our audit activity:
- Evaluate the accuracy and integrity of financial statements;
- Identify potential financial risks;
- Verify compliance with regulations and accounting standards;
- Ensure the reliability of the presented financial information;
- Provide recommendations to improve internal processes.
- Identification of key areas to audit;
- Development of a detailed audit plan;
- Evaluation of risks and development of audit strategies.
- Obtaining and reviewing financial documents, bank statements, contracts, and other supporting documents;
- Confirmation of balances and transactions with third parties;
- Analysis of accounting policies and internal procedures;
- Evaluation of the effectiveness of existing internal controls;
- Identification of potential weaknesses in control systems;
- Determination of the reliance placed on internal controls for audit planning.
- Detailed examination of transactions and accounting balances;
- Verification of calculations and accounting entries;
- Analysis of provisions and commitments.
- Verification of compliance with current accounting standards;
- Identification and treatment of any discrepancies compared to the standards.