International Audit

Today’s global world has created the need for mergers, expand strategies, comparable financial tables and funding from international markets. Hence, this increased the importance of a reliable and significant financial information network between the companies around the world.

However, different financial reporting and presentation rules, variety of definitions that have probably been caused by an assortment of social, economic and legal circumstances in different countries, having in mind the needs of different users when setting national requirements. These different circumstances have led to the introduction and use of harmonized regulations, international accounting standards and procedures relating to the preparation and presentation of financial statements.

Our international audit services cover;

  • Preparation, issuing and consolidation services of the audit reports and financial statements, as well as examination and analysing according to the International Accounting Standards (IAS) and U.S. Generally Accepted Accounting Standards (U.S. GAAP).
  • Assessment, implementation and development services of procedures designed to ensure compliance with the standards established by International Accounting Standard Board (IASB), U.S. Financial Accounting Standard Board (US FASB), and the European Financial Reporting Advisory Group as well as comments and recommendations for the improvement of the organisation’s internal and management controls over the operating systems made by those standard setters .

Our work within the independent auditing field provides the confidence that the users of the financial statements, such as company management, owners and third-parties (potential investors or banks) need to make objective, strategic, operating and investment decisions.