An auditor’s formulation of an opinion about the financial statements as a whole is the essential feature of any statutory audit and certification of the annual accounts. A review and evaluation of the conclusions drawn from audit evidence consists of an assessment of whether the accounting is complete and correct, the financial statements have been prepared in accordance with generally accepted accounting procedures for the national framework and whether these financial statements fairly and truthfully represent the business’s financial position and performance.

PKF Slovensko provides the following audit services:

  • Annual, interim and extraordinary separate financial statements
  • Consolidated financial statements
  • IFRS financial statements
  • Annual reports
  • Reporting packages for consolidated financial statements
  • Due diligence
  • Review engagements

Comprehensive audit services comprise:

  • Interim audits and assessment of the control environment
  • Pre-yearend audit on the balance sheet date
  • Statutory audit – certification of the financial statements
  • Management letter
  • Certification of consistency between the annual report and the financial statements

Audits are conducted throughout the year and in accordance with International Standards on Auditing. (ISA), with emphasis placed on the form and substance of accounting transactions, resolution of methodology issues, review of the internal control system and compliance with internal rules governing the circulation of accounting documents, the accounting system and other related supports.

An audit by PKF Slovensko focuses on proper counting of inventories, correct measurement of assets and liabilities, procedures for provisioning, accruals and deferrals as well as for clearing or reversing and on presentation and recognition of items in the financial statements.

These serves can be provided in interim audits throughout the year or as required by you. Interim audits provide you with the information you need and are in the form of recommendations.

The basic output of a statutory audit is a report prepared in accordance with International Standards on Auditing, which includes the independent auditor’s opinion on the financial statements to be disclosed and a certification of their conformity with the annual report.

Rates for individual audit services are always determined by agreement between you and PKF Slovensko.