Auditing

AUDIT SERVICES

Auditing services are aimed at enabling our clients to meet their statutory obligations and, in particular, giving a true view of their accounting records while pointing out any issues requiring change in response to regulations and risks in corporate governance.

 

WE OFFER THE FOLLOWING AUDIT SERVICES

  • Statutory audits, i.e. annual, extraordinary and interim financial statements• Reviews of of the internal accounting system and verification of routine, non-routine and estimated processes • Testing of checks and trial balances • Auditor involvement in physical stocktaking • Checks of financial statements • Analysis of the financial situation and market position
  • Auditing of final accounts based on standards (IFRS, US GAAP, etc.)
  • Contractual verification of the financial statements • Limited audits • Agreed procedures
  • Special purpose audits • Selected accounts, parts or items of financial statements • Aggregated financial statements • Accounting estimate audits • Forensic audits
  • Internal audits and process audits • Identification and mitigation of organisational risks • Verification of the internal control system settings • Testing of checks, checks on original documents and internal accounting regulations
  • Consulting services in the preparation of the annual report
  • Due diligence
  • Consulting services during company transformation • Audits of opening balance sheets

 

HOW OUR AUDIT CONSULTANCY AND SERVICES BENEFIT YOU

  • The assurance that your company meets legislation on financial statements pursuant to Czech standards or other accounting regulations (IAS, US GAAP, etc.)
  • A reliable and independent auditor’s statement together with a proposal on how to streamline your internal control system and make developments in the future
  • Identification of strategic and business risks with a stress on the most significant areas of the financial statements
  • A stronger position for negotiations on financing and gaining a competitive edge on the market
  • A broader insight and professional assessment of your company’s efficiency compared with your key internal indicators, with respect to the current market situation in your industry
  • Year-round support with an emphasis on the timely detection of possible issues and assistance in resolving them
  • Effective consultations on audit outputs with company management