The purpose of an audit is to ensure that the users of the financial statements (such as shareholders, creditors, various authorities and potential investors) can trust the credibility of the financial information presented in the financial statements when making decisions.
As auditors, we express an independent professional opinion on the reliability of the financial statements prepared in accordance with Hungarian or international reporting standards.
In most countries around the world, the name PKF International is well known and respected by those who want to know that a quality, independent audit has been carried out to the highest standards.
Our assurance services
- Audit of the statutory financial statements prepared in accordance with the Hungarian accounting law
- Audit of financial statements prepared in accordance with International Financial Reporting Standards (IFRS)
- Audit of group reporting package prepared in accordance with the group accounting policy
- Audit of company transformations, mergers
- Statutory review of in-kind contributions and valuations
- Financial due diligence and other limited reviews and agreed upon procedures
Our audit approach
Our audit approach is based on a risk analysis methodology that ensures that we target your key business and control issues.
Application of cutting edge audit software and data analytics procedures enables us to obtain quality audit evidence and deeper insight.
Our audit provides management with assurance about the effectiveness of the controls built in the management information systems that are used to record transactions and to manage the business. This enables us to pass on a host of information to management and to make recommendations for system improvements that help our clients run their business more effectively. Our final audit report and management letter mean more than audited figures: we offer practical advice designed to increase efficiency, profitability while lowering risks.
For each of our clients, we assign one responsible senior contact person who can be contacted with various accounting, tax and financial issues, and who will then take charge of the process also if specialists, either internal or third party, need to be involved in finding the best solution. Continuous availability and responsiveness to your needs are guaranteed.
We are keen to ensure the continuity of audit staff for recurring engagements to save our clients’ time by not having to re-explain their operations and systems before the audit.
A TOP 10 audit & advisory firm
We are member of PKF International, a network of legally independent audit and advisory firms.
Global knowledge combined with local expertise
We successfully combine understanding of international accounting and taxation with thorough knowledge of the Hungarian regulations.
Efficiency & competitive fees
Our well trained, experienced and knowledgeable professionals guarantee competitive fees, without compromising quality.
György Pataki, Partner
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