Why is voluntary audit needed
An independent inspection of the economic and financial activities of an enterprise is referred to an audit. Voluntary audit also allows you to analyze the current situation of the enterprise. Do you want to be sure that the accounting records of your organization are being kept correctly? Do you want to prevent financial losses? Order a voluntary audit.
Voluntary audit report provides insight into the reliability of accounting of the organization under auditing, as well as the compliance of accounting with the norms of the current legislation. Accounting is the heart of any enterprise.
Your organization may have its own full-time accountant or, perhaps, you use outsourcing services, but everyone can make mistakes, that’s why it is so important to make sure that you comply with all the necessary accounting rules.
Voluntary audit can be carried out by decision of the owner of the organization, investors, founders and shareholders.
The main reasons for conducting a voluntary audit
Most often a voluntary audit is needed when an organization has to pass a tax inspection.
Each leader is be motivated by his own reasons when he decides to conduct a voluntary audit. Someone wants to be sure of the quality of the accounting of the organization, and someone wants to make sure that he is using the financial resources smart and efficiently.
Voluntary audit is carried out for the purpose of optimization and minimization of taxation.
Voluntary audit can be needed if you want to obtain credit or investment for your company. What can provide evidence of the stability of the organization better than the audit report which states that the accounting of your company is in order and corresponds to the legislative norms?
Before selling or buying a ready-made business it is also desirable to conduct a voluntary audit. In the first case, the auditor’s report will help you to convince the buyer, and in the second one – to make sure of the correctness of your choice.
What includes a voluntary audit
In the process of voluntary audit an auditor checks the compliance of current state of the organization’s accounting with the primary information. Also, he checks reliability of the information specified in the accounts.
At the end of his work, the auditor prepares recommendations for the elimination of detected non-compliances.
At the request of the client, the specialist can also help in the preparation of tax returns.
The specialists of «Audit Center Standard» conduct an audit of the functional responsibilities of accountants. After the audit they offer the measures to optimize the work of the accounting department (reducing the number of accountants, etc.)
By whom must a voluntary audit be conducted
Voluntary audit is carried out by the companies that have the appropriate certificates and licenses.
«Audit Center Standard» in Saratov will conduct a voluntary audit for your company within the specified terms, observing the norms of the current legislation. The employees of «Audit Center Standard» are highly qualified specialists that constantly improve their professional skills. During the work «Audit Center Standard» guarantees objectivity and impartiality of cooperation.