Audit according to RAS

According to the provisions of the Law "On Auditing" (No. 307-FZ of 24.12.2010) audit of accounting reports may be both mandatory and voluntary i.e. carried out at the request of a company.

Qualified experts of DELOVOY PROFIL Group have wide knowledge base and years of experience in independent auditing of the companies of different levels - over 25 years we help companies to confirm the reliability of the financial statements. All activities are carried out under a license and in accordance with the Russian legislation.

Terms of Auditing of Russian Accounting Standards Reporting

In Russia mandatory audit shall be carried out on a regular basis in any company that:

• has a legal form of organization such as JSC;
• issues securities admitted to trading on stock exchanges;
• carries out credit, insurance or clearing activity;
• is a non-governmental mutual, investment or pension fund;
• is a currency, stock or commodity exchange;
• receives the annual revenue from the sale of goods, works and services of more than 400 million rubles;
• and in other cases specified in the legislation.

• a company needs to provide reliable financial (accounting) statements to investors, banks or possible business partners;
• a company is going to join the group / holding and provide documentation to create consolidated financial statements. In this case, an assessment of not only the reliability of financial statements but also the results of the economic activity as a whole, the state of the internal control systems and financial state of the client shall be carried out.

The procedure of compulsory and voluntary audit is the same; a set of measures and procedures in both cases is carried out on the basis of the effective legislation.

These services are provided by AC DELOVOY PROFIL JSC, which is not a member of MGI Worldwide international network