Do you need a financial statement audit or an audit of a European project? Or perhaps accounting consulting? We are at your service!
The nature of financial auditing has undergone significant changes over the past few years. The incidents that have taken place in recent years around the world have led boards of directors, investors, shareholders, and other interested parties to demand the highest professionalism and quality of service from auditors.
More and more responsibility is being placed on audit firms. As a consequence, audit methodology must be continuously developed, which is often associated with an increase in labor intensity.
Bearing in mind the needs and expectations of PWB Partners in implementing the postulate of reliable and credible financial reporting, we offer the service of an audit of financial statements in our portfolio. We perform attestation work by the provisions of Polish law on the audit of financial statements, in particular: the Accounting Act of September 29, 1994 (Journal of Laws of 2021, item 217, as amended), the Act of May 11, 2017, on Statutory Auditors, Audit Firms and Public Supervision (Journal of Laws of 2017, item 1089, as amended), International Standards on Auditing in the version adopted as National Auditing Standards by the National Council of Statutory Auditors ("KSB"). In addition, we can consider special provisions regarding the company’s functioning, if applicable.
The scope of the service includes, in particular, auditing the individual financial statements for a given accounting period, prepared by the Accounting Law, and the final document we provide is the report of the independent statutory auditor.
In addition, we offer an audit of EU projects per the requirements of the institutions granting support. For example, under the so-called fast track POIR 1.1.1, the audit should start after at least 50% implementation but no later than before the implementation of 80% of the planned expenses related to the project.
The audit is carried out by a person who meets the conditions specified in Article 286 of the Public Finance Act of August 27, 2009 (Journal of Laws of 2017, item 2077, as amended) and includes all data and information by the requirements indicated by NCRD (National Center for Research and Development). The PWB team presents the results of the audit in the form of a report that is delivered to the granting institution.