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Audit Services

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Audit Services


 Audit –  independent evaluation of accounts and financial statements in businesses and organizations
The Audit is performed with the following main objectives:
  • ascertain reliability and validity of accounts in the audited organization,
  • identify and enable early elimination of faults or errors to avoid penalties by taxation authorities or any other avoidable consequences.
  • obtain information about financial and management accounting, document management and provide recommendations and guidelines for their improvement.
There are two main types of Audit:
Statutory Audit  - compulsory annual audit of legal entities required by the Russian legislation (Auditing Activities Act No. 307-FZ of 29.12.2008).
Voluntary Audit - performed when so initiated and requested by the Customer with a view to have reasonable assurance that the financial statements, tax accounting, specific accounting and taxation practices in the organization give a true and fair view of its activities, and also to assess its financial standing.
Вы We also offer Continuous Audit Support provided as a package of auditing services that may include one-time monthly, quarterly, semi-annual or annual audits.
We offer wide range of other services:

Upon the completion of the audit we produce the Audit Report including the Auditors' Opinion in the established standard form (in case of Statutory Audit) or the Report containing the opinion and advice of the Auditors (in case of Voluntary or other audits).
 


The Audit Report is the official document made out to the users of the financial statements (accounts) in the audited organization and shall be included in the annual accounting reports of any organization liable to  Statutory Audit..
The Audit Report includes:
Auditors' Opinion about the accuracy and fairness of financial statements of the audited entity;
Report on the existing accounting or tax errors or misstatements together with recommendations for their correction.  
 
Benefits of the Audit. 
When Taxation Authorities perform their in-office audit, they are not necessarily required to give the auditee any recommendations on how to eliminate errors or misstatements in its financial and tax accounting. It is only independent Auditors who may fairly indicate any weaknesses found in the accounts and offer reasonable advice on how to optimize tax exposure.
Terms and Prices for Audit Services.

Our best Recommendation - Confidence of our Customers:


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