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Brain Storm Consult provides audit services in accordance with International Standards on Auditing (ISAs) on annual financial reports in compliance with National Financial Reporting Standards for Small and Medium Enterprises (NFRSSMEs) and the International Financial Reporting Standarts (IFRS). Strategy of auditing includes identification of the existing economic and business risks and an analysis of their impact on management decisions and financial results on the audit of company’s accounts. |
Brain Storm Consult's method of auditing is based not only on the evaluation of current results but on making prognoses of future events. The audit aims to figure out and solve the problems which have affect the compilation of the reports and can also affect further company’s operations. In addition, the audit procedures should ensure validity (verification) of financial accounts of the company.
We believe that the main factor in accomplishment of successful audit is the knowledge of company’s business, the current risks and the control systems status. This approach guarantees timely identification and solution of critical issues. The result of financial statements audit are presented in a report with a description of the risk areas and the admitted weaknesses. |
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