Examinations of merger and transformation plans

Audit for financial statements

Auditing financial statements is intended to confirm that:

  • The financial statements present a fair and clear picture of the entity’s property and financial position as at the balance sheet date, its financial result and cash flows for the financial year, in accordance with the applicable provisions of the Accounting Act or the International Accounting Standards/International Financial Reporting Standards – if applicable to this entity.
  • The financial statement is consistent, in form and content, with the applicable laws and entity’s Memorandum/ Statute, if it is the basis for entity’s operations.
  • The financial statement has been prepared on the basis of proper bookkeeping in accordance with Art.2 of the Accounting Act.

Examination of the company’s report

As BTLA, we audit the financial statements in accordance with the National Auditing Standards in the wording of the International Auditing Standards and in accordance with the Act of 19 July 2019 on statutory auditors, audit firms and public supervision.

We recommend the audit service also for entities that are not obliged to do so.

An audit of financial statement provides current and potential financial statement recipients with a guarantee such audited financial statements contain reliable, correct and credible information based on which investment decisions, crucial for a company’s development, can be made.