AUDIT & ASSURANCE

Our professionals operate with independence, objectivity, and clarity, applying the highest quality standards of the profession.

The transparency of economic-financial information and a complete and effective control system are the most important elements for a company to be credible and reliable in its market.

Financial statement auditing, whether on a legal or voluntary basis, is just one of the services we offer in the audit & assurance field. Each service is carried out following principles of:

Independence
High-quality standards
Objectivity
Ethics and compliance with regulations

Our audit & assurance services include:

Statutory and Financial Auditing
Business Due Diligence
First Time Through Audit
Limited Review

Our organization performs statutory and voluntary audits to provide an opinion on financial statements, whether annual or interim, prepared in accordance with applicable accounting principles (O.I.C. Accounting Standards, IFRS, US GAAP, etc.). These audits are conducted in compliance with International Standards on Auditing (ISA). Complete audits include a review of business processes and existing control procedures. KRESTON REVICOM, in addition to statutory and voluntary auditing services, offers:

Examination of pro forma financial statements
Fairness opinions required by law
Review of group reporting packages
Support for the board of statutory auditors
Audit of transition to International Financial
Reporting Standards and US GAAP
Certification of financial covenants

This service supports acquisition transactions, joint ventures, and strategic alliances. Due diligence provides buyers, sellers, and other stakeholders with relevant information regarding the “business risk” associated with a specific transaction, as well as various financial and non-financial data as required.

Specific interventions aimed at conducting a preliminary analysis of the company’s internal control system, the application of relevant accounting principles, and all other useful information to identify potential issues before a full audit begins.

The extent of the review work will depend on the objectives requested by the client’s instructions, in cases where auditors are not required to apply all the procedures of a full audit. Consequently, the auditor’s report will indicate the results of the work performed without expressing an opinion on the financial statements.