Audit services

Audit of financial statements is an independent verification of client’s financial statements together with the auditor's report based on International Standards on Auditing (ISAs) and on the requirements of the laws of the Republic of Lithuania, regulating the audit of financial statements. 

 

Audit’s goal is to determine:

 

  • whether the financial statements give a fair view in all significant aspects on client's financial condition, results of operations and cash flow;  

 

  • whether the company's financial statements comply with the actual regulations;

 

  • whether the report data of company's activities are in accordance with the data set of the financial statements. 

 

Audit services also include evaluation of the company's internal control and accounting systems, recommendations of their improvement, as well as evaluation and recommendations on other articles, stated in the International Standards on Auditing (ISAs).