Audit of EU Funded Projects
The services of competent auditors are required in order to obtain support from the European Commission or from the national funding institutions. Our experts have extensive experience in auditing EU funds and subsidies and are constantly improving their knowledge and skills in the field of program funding auditing.
Audit of Financial Statements is an independent review of the financial statements or consolidated financial statements of an entity, institution or organization. Audit includes the presentation of a statement indicating whether the financial statements (consolidated financial statements) present, in all material respects, the financial position, performance and cash flows of the entity.
The purpose of reviewing the financial statements is, based on procedures that do not provide all the evidence that would be necessary for an audit, to make it possible for the auditor to give his / her opinion on whether anything was noticed which would cause the auditor to believe that the financial statements have not been prepared in all material respects to the prescribed financial reporting framework (negative assurance).
The review presents auditor‘s opinion on whether during the procedure there were any circumstances that might suggest that the annual financial statements do not accurately reflect the financial position, performance and cash flows of the entity.