More about audit services
Audit of annual, interim and consolidated financial statements prepared under the Lithuanian Business Accounting Standards and/or International Financial Reporting Standards
While providing our audit service in accordance with the legal requirements and financial reporting standards we have a purpose to form a view on whether the information presented in the financial report reflects the financial position of the organisation, financial results of its activities and cash flows, etc.
Apart from the audit report we also present to the attention of the company‘s management:
Our findings and recommendations with respect to the risks identified, which potentially could cause significant mistakes in the preparation of financial statements and calculation of tax liabilities;
Our recommendations with respect to the minimization of the risks identified;
Recommendations to improve the quality of financial accounting as well as on administrative and internal control aspects.
Operational and management audit
Consultancy on accounting processes and preparation of financial statements
Consultancy on accounting;
Consultancy on the preparation of accounting policy, its implementation and improvement;
Consultancy on the application of IFRS and Lithuanian business standards;
Consultancy on consolidation;
Consultancy on specific or complicated transactions and operations.
Preparation or adjustment of financial statements following the requirements of the IFRS
Audit of the projects financed by the EU structural funds
We Provide an opinion whether the expenses declared in the application for the financing from the European Union structural funds are in line with the requirements. Also, we assist the project developers to fulfil the requirements undertaken and help to avoid the risks related to non-recoverable expenses by providing consulting on the related matters;