Accounting errors can be costly and put companies and businesses at risk, so regular review of accounts is important to avoid mistakes and minimise the risk of potential financial losses.
What is an audit of the accounts?
An audit consists of reviewing the accounts, preparing a summary and confirming accuracy or identifying an area for correction.
The first step of this service is to verify the accounting records, which may be based on direct access to the accounting system or may be supported by financial reports, accounting statements and other documents.
The second step is to identify areas of risk in terms of tax settlements. We analyse existing practices, assess their compliance with regulations and identify potential tax risks.
We will conclude the above stages with a meeting to discuss the results of the audit, the risks identified and the proposed solutions.
These recommendations can be implemented by your current accounting team, or – as part of our continued cooperation – our specialists will take care of correcting errors and implementing appropriate accounting standards.
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