Our basic approach to auditing is focused primarily on understanding the client’s business in a wider context. We believe that focusing on partial processes or individual transactions may result in losing sight of actual business risks.
OUR SERVICES
- Auditing in accordance with International Standards on Auditing (ISA)
- Audit of regular Investment reports prepared for the State Aid provider
- Audit or review of information packages prepared for consolidation purposes
- Annual Reports compliance audits
- Transformation of financial statements to IFRS / US GAAP
- Assurance services related to internal controls review
- Accounting advisory
- Training focused on various accounting issues and internal auditing
We pay priority attention to significant business risks and put special emphasis on those which may have an impact on the financial statements.
Membership
Edison Audit, spol. s r.o. is a fully integrated member of The Edison Consulting Group, offering exclusively audit related services. Its organizational structure, internal culture and management style are in full compliance with the high quality standards set within the entire group. The Edison Consulting Group is also a long-time member of the American Chamber of Commerce and the Slovak-German Chamber of Industry and Commerce.
Our understanding of business risks:
1. All business risks eventually become audit risks – it is just a matter of time.
2. Adequately implemented internal controls may reduce audit risks to an acceptable level.
In-depth understanding of our clients’ values and organizational structure of their business helps us increase the overall effectiveness of audit itself. We believe that this approach to auditing, which is in full compliance with International Standards on Auditing, will extend the scope of our work to the consultancy in a broader sense.
Given the fact that effective internal risk-control structure helps reducing audit risks, the strengthening of these controls and methods of risk monitoring will be a significant added value for you, as our client, as well as for us, as your auditors.
Responsibility of the partner
We remove any bureaucratic barriers of complex organizational structures by placing responsibility for the entire project into the hands of one partner. Due to this fact, we are able to respond flexibly to any needs of our clients and provide them with prompt service.
Price
We offer our clients the highest-quality service and a personalized approach at a very competitive price. Our prime goal is to provide efficient audit services and at the same time come up with detailed management recommendations aimed at improvement of your internal controls system and your overall profitability.