Audit
Constantly changing legislation and the business increases the error probability of the risk, so without the court not to be no viable business. The main objective of the audit is to assess whether the financial statements, in all respects fair view of the audited company's financial position, financial performance and is prepared in accordance with the applicable standards.
Presented by the conclusion of the audit gives the pounds of argument not only the negotiation of more favourable trade or credit conditions, but also in finding new partners, customer – provided information to form a reliable impression of financial statement users, as Lithuania, foreign investors or banks really important for the company's reliability and solvency. Business leaders also want to conduct audits as necessary to ensure the company's financial status of the trust or settling property disputes between businesses. Also it is important and significant in the operations associated with the asset-sharing and use, and in order to better organise the accounting, internal controls, improve the management system. So, audits, enterprise initiative, is most commonly performed in order to verify the veracity of financial statements and documents regularity.
In particular, the planning of certain of the company audit is to establish specific audit objectives and begin to collect the necessary information. What data is needed – determine the auditor. The whole process includes seven steps: the audit strategy – the most important stage during which establishes audit objectives, policies, volumes, getting acquainted with the activity of the company plan, the materials of the collection, verification, conclusion, a final check.
Why should perform the audit?
Audit it's worth doing, even if it is firm and not binding. Most importantly, choose a reliable and professional audit services provide professionals who are auditing the company and which the consultation will be significant and, of course, useful. It is worth to pay attention not only to the price of the services, but also to the competence of the employees, the company creditworthiness and profits and experience, so the Added Value of the audit service and advice for Your business – wise choice. We evaluate the real Your company's financial condition, to guarantee the expertise of the audit specialist care, we identify financial risks and provide recommendations. More control, more convenient to business processes and performance monitoring, enhanced met international financial reporting standards that Your business know when to expand and when to step back and persigrupuoti.
Value is added in the following areas:
- the financial statements and the consolidated financial statements of the audit;
- EU structural funds audit;
- financial statements for lookup;
- revision and the other for Your business advancement of the required procedures.
jsc audit
JSC audit of financial statements examination, when checked the company for a certain period balance sheet, cash flow, profit and loss and other reports. During the audit, it is determined whether all the mentioned report concluded correctly, or shows the actual financial standing of the company. The audit is mandatory for companies which two of the three indicators exceeded the financial year on the last day of – number of 50, the assets of € 1.8 million. Eur, income of eur 3.5 million. Eur.
In order to UAB audit of the last successful businesses it is important that financial operations and all other related documents be processed fairly, lawfully and securely, so the private company accounting policies must manage only the high competence of the specialists, such as accountants. UAB accounting must meet all the business accounting standards, the law on accounting and financial reporting of Companies act. UAB is the most popular activity in Lithuania, so the tax and accounting aspects of the focus. The JSC shall annually prepare its financial statements and to submit it to the HR center of Registers.
Financial Audit
A financial audit is independent of the audited entity financial statements of the check and the auditor's conclusions of the presentation, in accordance with the legislation governing the audit of financial statements the performance of the requirement. The main objective of this audit is to determine whether the financial statements in all cases shows the audited company's financial position, financial performance and cash flows in accordance with the law on accounting and financial reporting. This audit shall be checked during the company's financial reporting validity, income and expenses.
In a financial audit of the important financial statements of the information contained in, and focus on the risks identified.
Financial audit is conducted to provide a certain level of assurance. The main objective of the reliability of the audit objective – determine whether in accordance with the applicable financial reporting framework in the financial statements in all material respects, fairly presented of the year, the financial position, results and cash flows. The annual financial statements comprise the financial statements, comprising the balance sheet, income statement, cash flow statement, statement of changes in equity, the financial statements shall be accompanied by explanatory notes, and etc.
Appreciate your business
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The Added Value of the audit and corporate accounting team have experience not only in accounting enforcement, and audit in the field, so we can timely notice Your mistakes and avoid them. Your job we carry out a qualitative, so the answer but which triggered the question, rekomenduosime, we'll advise you and offer a customized solution for Your business. Flexible, smart and always adapt to the customer!