Modern Audit Services

The main accountant of the organization can carry out the accounting check, however, audit services provide a higher level of professionalism. Employees of specialized firms know all the subtleties and nuances associated with the documentation of enterprises. A timely audit helps the customer to achieve a serious economic result and implement any business project. In addition, auditing services allow to demonstrate to potential partners and customers the openness and transparency of the company's activities. Independent conclusion increases the position of the enterprise in the market of goods and services. Professionals work in conditions of complete confidentiality and only taking into account the interests of the customer.

Currently, the audit services include a whole list of transactions with the company's documents. This is a check of record keeping, its restoration if necessary, analysis of financial condition, assessment of the effectiveness of enterprise management. The auditor can develop recommendations for improving the performance of the company, while the form of ownership or the specifics of the work does not matter.

Upon completion of the audit, the customer receives an opinion that strengthens the reputation of the company among competitors, gives an opportunity to obtain the status of a reliable enterprise in the eyes of government agencies. The main advantage that auditing services have is the ability to prevent disputes, penalties and sanctions that may arise during the inspection by the supervisory authorities.

Based on the auditors' conclusion, the head will be able to select the best way to distribute profits, to take prompt measures to timely correct deficiencies in the documentation without violating tax legislation. Even if it turns out that the balance is normal, audit services in any case will be useful. The presence of an audit opinion on the financial condition will influence the decision of investors and partners in your favor.

Another important issue is the correctness of calculating and paying taxes, which is especially important in the context of constantly changing tax legislation. Penalties for incorrect and untimely calculation of tax payments are quite high. Therefore, a great popularity recently acquired a tax audit. This is an objective check of the state of accounting and tax accounting, as well as the organization's calculations for mandatory payments.

As a rule, the tax audit is conducted on the eve of the inspection of the enterprise. In accordance with the law, documentary verification of the firm is carried out at least once every three years. Specialized firms are often approached by company managers who are interested in reducing the tax risks that usually arise in the course of inspections by regulatory authorities.

A tax audit is necessary if the organization pays unreasonably high taxes and fees or, on the contrary, small amounts at high revs, tax optimization schemes are applied, and its own accounting system is built. The main purpose of the audit is to check the tax base and declarations on the methodology of state bodies, identify errors and develop recommendations for their elimination.

Performing a tax audit, specialists will carefully study the accounting of the enterprise, give advice on correcting the shortcomings, making changes in the reporting. This will save your money considerably. At the same time, auditors take responsibility for their actions provided that the organization guarantees the authenticity of documents submitted for verification and timely correction of errors in accordance with the recommendations.

The main tax audit result is the reduction of the company's tax risks. Based on the results of the audit, an opinion is drawn regarding the correctness of calculating the tax base for a specific period. In addition, support is provided for the inspection conducted by the controlling bodies and participation in the settlement of disputed situations.

To date, tax audit is one of the most sought-after types of audit services.