Audit and Assurance Services

In a fast-evolving corporate reporting environment, the audit and financial reporting continues to evolve alongside this. Audits have become more complex. There are more qualitative disclosures, making the role of professional scepticism and judgement ever more important.

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What we do

At Audit Lab, we are committed to offering quality, consistency, independence and insight with a comprehensive understanding of the businesses we audit and enhanced transparency through our audits. We recognize that stakeholders require greater assurance and value from the audit process. Not only does the audit process provide assurance with regards to compliance with applicable reporting standards and relevant laws and regulations, it also adds value for the management/stakeholders, through the identification of internal management issues and system control weaknesses. We offer important insights that can help you address both current and future challenges.

We can help you with:
  • Compliance with regulatory reporting requirements: statutory audits as required by Cyprus Companies Law Cap. 113
  • IFRS reporting: preparation of IFRS financial statements stand alone and consolidated
  • Advice on how to apply various accounting treatments for complex transactions
  • Specific scope audits
  • Solutions on control procedures and processing system weaknesses and inconsistencies
  • Other non-statutory assurance engagements (such as review engagements, Agreed Upon Procedure (AUP) engagements, compilation reports)

If you require any further information

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