MANDATORY AUDIT OF FINANCIAL REPORTING

Having addressed to “Sarayly Hyzmat” audit company to conduct mandatory audit you may correct all discrepnacies and errors in the statements and minimize tax risks.

BENEFITS OF THE MANDATORY AUDIT OF THE ACCOUNTING REPORTING

It happens that heads of enterprises do not see significant differences between audit of accounting reporting and other types of audit, for example, tax one. That is why they treat mandatory audit formally and likely conduct it.

However, the benefit from the audit of accounting reporting is enormous:

  • timely discover mistakes of the reporting year;
  • minimize tax risks and possible penalties and fines;
  • opportunity to improve internal audit control of the organization.

During auditing of accounting statements our specialists provide a full consultation in order to eliminate errors discovered and respond all questions arisen.

AUDIT OF ACCOUNTING REPORTING:

STAGES OF IMPLEMENTATION

Staged auditing contributes to reaching best results. Auditors have opportunity to distribute the working time during a year according to the plan. Upon the results of each stage the head may receive interim report about the status of mandatory audit.

Organization and planning of the audit

Auditing of the accounting statements starts from studying financial and economic activity of a firm, developing an audit program; making up a letter about audit implementation.

Collection of audit evidences

Specialists who implement audit undertake testing of the control tools and check correctness of the reporting.

Accomplishment of mandatory audit of accounting statements

Audit evidences are summarized and systemized; acquired information is notified; audit conclusion is made up.

Audit includes review of accounting statements and its consistency with rules, legislative norms, legal and administrative documents.