Financial Audit
Financial audit serves to independently verify a company's financial statements,
facilitating the
detection of potential discrepancies. It's not always about uncovering accounting fraud;
sometimes it's an unintentional mistake that we have to detect amidst vast data using our
tests.
Our clients range from strategic players in both Czech and international economies to smaller
companies.
IT Assurance
The IT auditor determines whether a company's IT environment is trustworthy and
managed securely.
Based on his findings, the financial auditor receives a report on whether everything is in
order
or if there's a risk – in which case the financial auditor would need to change their
audit
approach. An IT auditor must understand both business and IT issues and
be familiar with general
frameworks, procedures, and standards for IT system management.
Accounting & Reporting Advisory, IFRS Advisory
In the ARA team, we assist clients in navigating the complexities of accounting and reporting
standards. We offer support in preparing financial statements according to the International
Financial Reporting Standards (IFRS), implementing newly issued standards, and designing
enterprise-wide processes for gathering information from subsidiaries or branches.
Business Assurance & CFO AGENDA
This team possesses all the experience and knowledge in the accounting field of efficient
internal processes, effective internal controls, and innovative supporting technologies. They
help our client companies maintain their "financial health" in a rapidly changing business
environment. Working with both financial and non-financial data, ensuring compliance with
legislation, risk management, or external reporting are just some of the many activities our
colleagues from this team handle.
FSI Assurance
We provide advisory services in risk management, financial management and modeling, accounting
according to IFRS 9 and 13, financial reporting, and regulation for banks,
financial, and
non-financial institutions. In banks, we develop and test mathematical models for estimating
credit risk. We set up internal processes and regulations for effective risk management. When
selling banks, we can calculate the fair price of the credit portfolio and oversee the valuation
of derivatives and bond issuance.
Reporting, Proposal & Translation
Three teams that help us with outputs – they adjust offers for our clients according
to corporate
rules, give all documents and presentations the correct visual and formal aspect, and also
adjust our internal presentations and design our internal materials. Last but not least, they
facilitate our professionals' work by translating everything they can think of.
