Audit & Assurance

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"Behind every good business is a great Accountant..."

We produce accurate financial reports and provide you with confirmation that your company is operating effectively and efficiently in accordance with international set of financial business standards.

Companies registered in Cyprus are legally required to submit audited financial statements by professional accountants.

We follow the exact standards set out by the Cyprus regulatory authorities and International Financial Reports Standards (I.F.R.S.), thereby ensuring our full compliance with the relevant legal requirements.

Audit and Assurance Services Diagram

Preparation of Financial Statements and Reports in accordance with I.F.R.S standards

Financial statements and associated reports essentially convey the financial activities of a business as clearly and concisely as possible.

Financial statements are useful because they provide essential information to adequately plan for the future of the business and make economic decisions.

International Financial Reports Standards are a set of international accounting standards, as issued by the International Accounting Standards Board.

By doing so, accounts can be easily understood and interpreted across international boundaries.


Audit Reports with International Standards on Auditing (I.S.A)

An audit report, usually carried out by an independent professional, is essentially the written opinion of the auditor in regards to a company’s financial statements. Audit reports are usually required by lenders, potential investors as well as relevant tax authorities and legislative bodies.

Successful audit reports will help you effectively communicate information to interested parties such as stakeholders, lenders, investors. Secondly, they improve the efficiency of your business and resolve any accounting or liquidity issue promptly and efficiently.


Companies Limited Reviews

Limited review is the process of auditing, or reviewing, the financial statements of a company on a regular basis. It is required for Limited reviews to be prepared and presented in accordance with an applicable financial reporting framework.


Due Diligence


Due diligence is the process of investigating a business or entity, which usually involves reviewing all relevant financial records by exercising a reasonable standard of care.

Such reports are of utmost importance in ensuring that informed decisions are made before entering into a financial transaction and are useful tools in considering all the costs and benefits involved in a business transaction.

Effective due diligence will safeguard the company from unecessary exposure and minimize risks. Cases in where due diligence reports are carried out are before an acquisition;
or if a seller would like to ensure that the potential buyer has the ability to complete on their purchase offer

Business Fraud Investigations and Dispute Services

We can assist you in the following:

• investigating suspected misconduct
• addressing fraud and corruption
• manage the risks involved as well as measuring the financial implications of such disputes

If fraudulent activity is indeed identified, we will assist you in handling and negotiating the dispute process.

Get Cyprus Citizenship


With over 30 years of experience in the industry, Auditnet can assist its clients in obtaining the Cyprus Citizenship, hassle-free, in an honest, professional and effective manner.

Get Cyprus Citizenship

Ready to talk with one of our experts?

We work with ambitious companies from all around the world who want to reach their business goals. Together, we can shape your business future and achive extraordinary results.

Chartered Certified Accountants in Cyprus
Address

21, Karaiskaki Street, Oasis Center,
2nd Floor Office 22,
3032, Limassol, Cyprus

Contacts

Email: info@auditnet.com.cy
Phone 1: +357 25376900 
Phone 2: +357 99656909
Fax: +357 25376234