Audit

For a business to progress, it is not enough just for the management to believe in what it is doing. Many other people have to trust the business as well: investors, shareholders, financial institutions, suppliers, customers, employees, regulators and all the other parties in the market.

At Grant Thornton, the auditing activity has a dual purpose. On the one hand, reliability for the financial statements or annual accounts of a business, thus bringing greater transparency to its management and for the market in which it operates. On the other hand, we identify and anticipate possible risks and areas of improvement to assist in the stability and future prospects of our clients’ business.

Our clients and the community place their trust in us.

Auditing

  • The auditing of individual and/or consolidated annual accounts
  • Financial and compliance auditing for local bodies, government entities, state or regional government
  • Auditing of other types of financial statements, merger accounts or corporate conversions

Funds and subsides

  • Control of systems and procedures for managing European Union funds
  • Auditing of eligibility of public expenditure financed by European Union funds
  • Audit of financial statements for public finance and subsidy applications

Advice on accounting, procedures, systems and risk

  • Identification of business risks and the evaluation of current controls
  • Advice on International Financial Reporting Standards and the new General Accounting Plan
  • Analysis aimed at improving or adapting financial and administrative systems, accounting policies and internal control policies and procedures
  • Cooperation with Internal Auditing Departments and/or Audit Committees

Acting as independent experts

  • Independent expert reports required by current legislation
  • Acting in legal proceedings, reporting on specific facts and providing accounting expertise in legal proceedings

Reviews

  • Reviews using agreed upon procedures, limited reviews and specific investigations
  • Reviews of accounting and financial information in purchase and sale transactions and similar
  • Review of financial information included in prospectuses for flotations and public offerings
  • Review of annual declarations on environmental matters (packaging, volume recycling, etc.).

Training

  • External training on accounting, finance and auditing

Anti-Money Laundering (AML)

  • AML risk/vulnerability assessments
  • Assessment of the firm’s AML structures and monitoring programs
  • Process improvement services and assistance with design and implementation of controls
  • Annual independent expert assessment
  • AML training programs