Audit- and Auditing Services

In financial accounting, an audit is an independent assessment of the fairness by which a company's financial statements are presented by its management. It is performed by competent, independent and objective person or persons, known as auditors or accountants, who then issue a report on the results of the audit. Such systems must adhere to generally accepted standards set by governing bodies that regulate businesses. It simply provides assurance for third parties or external users that such statements present 'fairly' a company's financial condition and results of operations.

Financial Audit projects provided by the Group (production, trade, services) usually comprise of the following:
1. Auditor’s opinion (Opinion Paragraph) on whether the financial information presented by the auditee is materially correct and trustworthy for making various decisions;
2. Description of Business obstacles, Recommended Remedies opinion; Tax Planning;
3. Recommended Accounting and Financial Reporting Model.
4. Unqualified Opinion Report (IRFS/GAAP).

To evaluate the scope and the goal for the auditing and to get a preliminary quotation, please fill in the Application Form.

Accounting Services

Our Range of Financial Services Includes:

1. Accounting System Implementation, integrated to Management System & Internal Control included, Management- and Financial Accounting System adjustment.
2. Setting up Technical Assignments while IT Systems Implementation.
3. Optimizing of Organizational- and Structural System of Corporate
4. Accounting within a Holding and other consolidated companies of a Holding.
5. Integrated Accounting & Control System Implementation in Vertical- and Horizontal Holding with the goal of Uniformed Financial Reporting Model Application for the entire entity.
6. Unified Statuary Planning creation for accounts to enable analytical data consolidation by shareholders (parental or subsidiaries) within unified format for accounting, taxation, managerial applications at once.
7. Implementation of Unified Accounting System for external- and internal accounting needs of a Holding together with Consolidated Financial Statements Technology implementation.
8. Accounting Systems Recovery; Outsourcing Accounting. Current Accounting Support & Advisory, On-line Advisory included.
9. Testing and Attestation for Accounting Departments & Services Experts (internal auditing control specialists included).

Fiscal Audit, Tax Consultancy.

Tax Consultancy & Services in regard of Fiscal/Taxation Systems, traditionally delegated to outsourcing experts; this transfer usually takes place due to the necessity to monitor the situation (issue) from the outside of an entity with the goal of a trustworthy opinion drawing up.

This above package comprises of the following to detect and minimize your risks:
1. Fiscal Audit, that is the expertise of your tax liabilities in regard of the ruling tax accounting system, working out the appropriate legal base, tax liabilities cover, as well as tax violation research and recovery solution to apply. Tax Accounting Audit prior to regular public audit planned.
2. Fiscal Audit Services and Support include also legal defense at court provided for our clients before the official Russian Federation Tax authorities and Arbitrary Court of Russia. On-line Consulting/Advisory (fiscal-, financial-, accounting etc. consultancy) constitute these types of legal advisory and professional advice both in written and oral form.
3. Current Issues Advisory based on the tax regulation in force, as well as legislation precedents advisory and consultancy on jurisdictions under consideration. Storm-braining vs. Acute Current Issues. Tax Credit Deduction (Compensation of Overpayment), Disputes, Past Fiscal Years Reports Audit with the goal of finding Tax Reserves to be further recognized with Tax Authorities and deducted from taxable assets due to settled resolutions at Arbitrary Court or Tax Institutions in client’s favor in regard of Tax Credit Deduction/Exemption, direct and chamber legal defense.
4. Tax Accounting & Tax Outsourcing – exploiting of fiscal policies and Tax Accounting System Implementation for your accounting system to perform well on the initial tax accounting implementation stages in compliancy with current regulation in force, Legal Entities’ Accounting Support & Assistance.
5. Due Diligence of Projects and Transactions provided. We also provide our clients with Consequential Analysis based on the reorganizations/restructuring of business entities and processes, as well as after Investment Decisions made, Financial Novels applications, Core Transactions or Fiscal Jurisdictions Shift having been executed. Providing search for Tax Exemption opportunities, as well as Overpaid Tax Amounts restructuring with their further recognition and deduction from taxable assets.