The statement on the accuracy of forecast financial information improves the reliability of the prepared business plans, forecasts for potential investors as well as forecasts provided in prospectuses and information memorandums of companies debuting on stock markets
The certification services agreed on are increasingly popular among business managers and owners.
The procedures agreed, in a fully individualised manner in active cooperation with the Client, allow, among other things, verification of selected elements of the financial statements, as well as the efficiency of the processes of document circulation and internal control.
The main advantage of the certification services in the agreed scope is the possibility of flexible shaping, resulting from each adaptation to the needs and requirements of the entity or the recipient of the report.
As part of audit and certification services, other than surveys and reviews, we provide:
- • Agreed upon Procedures or AUPs based on International Standard of Related Services 4400 (ISRS 4400)
- • Verification of forecast financial information based on International Standard of Related Services 3400 (ISRS 3400)\
Freedom to design procedures allows for checking with less or more detail than that used during the audit of the accounts.
It also allows verification of certain data, The certification of the accuracy of the forecasted financial information improves the reliability of the prepared business plans, forecasts for potential investors, as well as forecasts provided in prospectuses and information memorandums of companies debuting on stock markets processes that would not be subject to testing or review.
A typical example in this respect is data from business counterparties and suppliers which are not available to the entity on a daily basis. Especially in the context of the sensitivity of such data, an auditor acting under conditions of independence and public confidence is the only possible solution.