Statutory, IFRS and internal audit; IFRS conversion

Financial Audit and Assurance

Overview

Statutory and IFRS audit of financial statements in Azerbaijan, internal audit, and conversion of local accounts to IFRS.

We give owners, investors and banks confidence in your numbers, and help groups prepare consolidated statements for companies in Azerbaijan and abroad.

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What We Offer

Scope of Services

01 Statutory, IFRS and internal audit

Audit Services

Statutory audit of financial statements in accordance with AR legislation
Audit of financial statements prepared under IFRS
Internal audit services: review of internal controls, risk assessment, and compliance with company policies
Agreed-upon procedures engagements on specific financial matters
Compilation of financial statements for small and medium-sized enterprises

02 From local standards to IFRS

IFRS Conversion and Reporting

Conversion of financial statements from local Azerbaijani accounting standards to IFRS
Preparation of first-time IFRS adoption opening balance sheet (IFRS 1)
Advisory on the application of specific IFRS standards to the company's transactions and operations
Preparation of consolidated financial statements for groups with subsidiaries in Azerbaijan and abroad

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Our Other Services

One integrated team of lawyers, accountants, HR managers, customs specialists and business consultants — so every part of your company is covered.

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