Auditing includes performance of independent financial audit and certification of the annual financial statement of the enterprise.

The object of an independent financial audit shall be the expression of an independent audit opinion with regard to the fair presentation, in all material aspects, in the financial statements of:

• The financial position of the enterprise;
• The reported financial result from the enterprise` s  operations;
• The cash flow statement of the enterprise;
• The equity of the enterprise and its changes.

The conclusions of the registered auditor following the performance of the independent financial audit shall be expressed in the auditor` s report. The auditor` s report shall contain a clearly expressed opinion on the audited financial statements taken as a whole.

In order to perform our audit we shall have full access, but not limited, to the following documents:

• Primary accounting documents;
• Trial balance;
• Balance sheet;
• Income and expenditure statements;
• Cash flow statement;
• Equity statement;
• Appendixes.
   

The independent financial audit shall be performed of annual, interim and other financial statements when this is stipulated by law, upon request of the owners, state bodies and other users of financial information.

Following the request of the Client independent financial audit of the financial statement of the local company shall be provided by specialized audit enterprise as per the requirements of the Independent Financial Audit Law as a set of all necessary and inter-related procedures determined under the International Standards on Auditing.