Assurance

In the light of rapidly changing regulations and the growing spotlight on independence and reliability of auditors, we are proud to provide our clients with high quality independent assurance services in strict adherence to international and national standards and even higher standards of our quality review. Our services are evaluated through internal quality control review procedures and policies, as well as regular assessments by Grant Thornton International.

Our audit work is carried out using GT Horizon^TM audit methodology and GT Voyager^TM audit software. These tools are developed by Grant Thornton International and constantly updated to reflect changes in regulations and standards.

Using Voyager, our audit teams identify financial statement risks and link them to the processes and internal controls that have been established to address those risks. This enables our team to tailor an audit response that is appropriate to the assessed risks. Voyager also generates audit programs for 16 different industries that are customized for individual client situations and focused on your financial statement risk areas.

Using this software our audit teams document, evaluate and test the internal controls. As a result, it helps auditors to identify opportunities for strengthening internal controls.

Our assurance and audit-related services include:

• Audit of statutory financial statements
• Audit of financial statements prepared according to International Financial Reporting Standards (IFRS), US GAAP and other financial reporting frameworks
• Review of financial statements
• Compilation of financial statements

As statutory auditors we also prepare reports to shareholders as required by the law and we attend the annual meetings of shareholders.