The audit of financial statements is an independent examination during which our specialists assess the reliability of financial information and the compliance of the reporting with applicable standards.

We conduct audits of financial statements prepared:

• • under International Financial Reporting Standards (IFRS);
• • under National Financial Reporting Standards (NFRS).

Types of Audit:

• Statutory Audit — conducted in cases provided for by the legislation of the Republic of Kazakhstan.
• Voluntary Audit — conducted at the decision of company owners, investors, or management.

When a statutory audit is required:

• • when the company is a joint-stock company, including banks, insurance companies, and pension funds;
• • when engaged in activities in the securities market or managing investment portfolios;
• • when being a state-owned or subsidiary structure of a financial organization;
• • when participating in investment projects with state preferences;
• • when being a subject of natural monopoly or civil aviation;
• • when issuing securities;
• • when subject to reorganization, liquidation, or sale by the decision of the owners;
• • under other conditions established by law.

Voluntary audit is conducted:

• • at the decision of company management or owners;
• • at the request of investors or shareholders;
• • in connection with negotiations on raising investments;
• • in the event of a change of ownership, management, or business structure;
• • as part of preparation for reorganization, sale, or consolidation;
• • when it is necessary to present financial statements to stakeholders (foreign investors, stock exchange, etc.).

What you receive:

• • An audit report confirming the reliability of the financial statements;
• • Analysis of the company’s financial and business activities;
• • Identification of errors and weaknesses in the accounting and internal control system;
• • Professional recommendations for their elimination.