STATUTORY AUDITS OF FINANCIAL STATEMENTS

At Prager Metis, we understand your audit is more than just numbers and compliance. Our experts work closely with you to understand your company, your industry, and your world, including your internal controls, to help ensure you get the most valuable information from our services. By utilising our risk-based audit approach, combined with our proactive communication, we are able to shift our focus from examining the quality of the financial statements to building quality into the financial reporting process.

Audit reports include customised reviews, audited financial statements, and recommendations for improving controls and systems. All examinations are completed strictly in accordance with the International Standards on Auditing (UK) (ISAs UK) and Prager Metis’ own internal controls.

A review may be performed when a less extensive degree of assurance is acceptable, yet the business wants to know that some form of financial statement analysis has occurred. The purpose is to provide you with a limited degree of assurance in a statement to conform with the Generally Accepted Accounting Principles (GAAP).

At Prager Metis, our experienced professionals can help you determine which level of assurance you will need, whether it be a review or a full audit of financial statements.