Agreed procedures

The advantages of this service:

• Solving the problem quickly and efficiently;
• Identification of weak points
• Savings on reduced inspection volume
• Attracting highly qualified specialists to the process.

The scope of services provided by EBS includes consulting on all matters related to doing business. The review of accounting documents and tax reports is carried out in order to check the primary documentation and tax reports of the company to identify errors and minimize tax penalties. A review differs from an audit in the scope of verification procedures. The verification period is not limited to calendar reports, but can be several months, quarters or even years.

This inspection allows the managers or the owners of companies to obtain up-to-date financial information for a certain period of time in order to ensure the reliability of financial statements and avoid possible penalties.

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Unlike an audit, an accounting review is more economical from the point of view of the company’s costs for audit services, since it is carried out in the context of a limited list of primary documents and with the involvement of a smaller number of auditors. The report on the results of the work done shows all the inaccuracies and inconsistencies found during inspection, which will help the owners to correct the situation and take measures in the future.

A review of financial statements is carried out to obtain interim financial statements or to obtain statements for subsidiaries of holding companies when the parent company consolidates financial statements.
Verification of the record maintenance requires utmost care and concentration. It will take 1-2 months of work for a detailed study and correction of documents and accounting reports for a certain period of time.