Auditing Annual Financial Statements: A legal duty or business advantage?
The annual audit of
the financial statements is a legal obligation in Israel (regardless
of the size or the kind of business activity).
This audit can do much
more than meet statutory obligations.
there is a legal or contractual requirement to conduct an annual audit and to provide
a “supervisor’s evaluation” we pledge to do so.
However, it is our views and vision
of the audit processes, which are the added value we provide our clients.
Auditing itself is not a goal; it is a part of the toolbox we offer to improve
the business and organizational results of our clients.
The solutions and
recommendations we offer are in fact based on the information revealed during
the audit. It’s also information that presents the analysis of the business
conduct in the organization’s past.
The annual audit is
performed correspondingly to the Israeli regulations, alongside with the required
adjustments to meet with Auren’s unique audit perception.
A program that complies with IFAC’s stringent requirements and
“International Standards on Auditing (ISA)”. Auren, as part of its
IFAC Firm Forum (FOF) affiliation, is subject to stringent professional quality
Israel’s audit teams have more than 35 years of professional experience. Our
audit team is based on the continuity of a veteran team that is familiar with
the activities and audits along with a renewed team that brings a fresh and
objective perspective. In this way, we ensure effective auditing (e.g. by
reducing the amount of time required for auditing), which is reflected in
reducing costs. Auren’s business mindset and values allow our audit managers to
provide our clients with the best safety net for their businesses.
services at a glance:
• Statutory audit of
annual financial statements and consolidated financial statements
• Voluntary audit of
financial statements and consolidated financial statements
• Audit financial
reports correspondingly with International Accounting Standards
• Auditing nonprofits associations
and Public-benefit corporation
• Review of quarterly
financial reports and statements
Then let’s talk. Call us, write us a
Email or ask us for an appointment.