Audit
Our audit team is formed by experts with experience from the international audit companies.
We combine experience gained in the business environment of manufacturing companies with extensive knowledge and experience in auditing of companies of various industry sectors, trade companies and companies providing services.
During the audit we pay a special attention to an analysis of internal control systems of particular company’s business processes including an assessment of effectiveness of such internal controls and further to analysis of economic substance of information being verified.
The outcome of our work, in addition to audit report, is also a set of recommendation in areas in which we identify certain risks or weaknesses.
Our company provides firms with complex audit and related services in compliance with the Czech Act on Auditors and International Standards on Auditing (ISA).
- Audit/review of financial statements prepared according to Czech accounting legislation or IFRS
- Audit of consolidated financial statements
- Audit of consolidation packages prepared for inclusion in the parent company’s consolidated financial statements under IFRS (“consolidation package”) and other Generally Accepted Accounting Principles (GAAP)
- Audits focused on areas specified by the client
- Agreed upon procedures in accordance with International standard ISRS 4400
- Financial Due Diligence
- Audit of grants
We also provide our clients with a wide range of accounting advisory, especially:
- Advisory in the preparation of financial statements and notes to financial statements, annual report, report on relations
- Advisory in the preparation of consolidated financial statements
- Advisory in the process of annual closing of accounting books
- Methodical consultancy with accounting of complex accounting cases of various areas
- Advisory in implementation of effective internal control system
- Training for your employees on an accounting topic selected by you
In addition we prepared for you, based on our many-year experience following products:
- HEALTH CHECK
If you recently have become a statutory executive or chief financial officer, you certainly want to be sure that someone has not handed you some skeletons that you would gradually pull out of the wardrobe, or in the worst case, someone else would pull them out of the wardrobe, eg. creditor, police or financial authority. In such case, you do not have to wait until your auditor comes to perform audit of the financial statements as of the fiscal year end, but you can contact us immediately after your appointment to perform review of areas that you consider problematic, or to review the procedures and operation and effectiveness of internal control system in your Company.
- PASS TEST OR TEST OF YOUR PREPAREDNESS FOR AUDIT STATUTORY SERVICES
If you can’t sleep, because your Company is approaching the criteria for obligation of statutory audit and you have no idea how the process of audit looks like and whether you are prepared for it, we offer so called “PASS test” during which we will review and discuss with you in detail your accounting methodologies and procedures, the process of preparation the financial statements and documentation stocktaking and we will provide you with recommendations for improvement to ensure a smooth process of the statutory audit.
