Audit services are those that provide or support an opinion given by CPAs at Sofia
Financial Accounting Company on financial statements of the client and also
accounting advice, consultations on preparation of accounts, and reporting to
regulators and other third parties.
Our audit approach is concentrated on the nature
of the client’s activity and its influence on the control performed by the
management. Our approach is stressing upon the understanding of the main
problems which the management of the company is facing as well as the control
procedures it applies. This allows us to work out an audit strategy based to
the greatest extend on the examination of the internal control system instead
of exclusive use of substantive procedures on large number of transactions.
During the audit we concentrate on the fields that are important for the
management of the client.
Our audit approach is based on the risk evaluation and is directed at determining that
our work is of value to our clients, enabling decisions to be made from a
position of the greatest possible certainty and determining that every
advantage can be made of new opportunities.
|We aim to keep a professional and
effective approach to the audits performed as well as the highest standards
for the services offered to the clients. We have developed an effective audit
methodology corresponding to the requirements of the International Standards