Verification of accounting records

The purpose of accounting is to measure and report the economic performance of a business to its owners, managers, investors and creditors. Proper preparation of the accounts is essential, as it is the only way for management to make informed and intelligent decisions for the development of the company. To ensure the quality and accuracy of the accounting, we review the accounts, identify errors and suggest ways to eliminate them.

Accounting is audited in accordance with the requirements of the legislation of the Republic of Lithuania, either in accordance with Business Accounting Standards (BAS) or International Financial Reporting Standards (IFRS). This ensures transparency of your company's activities and thus reliability for external users of accounting information.

Accounting controls are not only relevant for the implementation of legal requirements. This service allows both external and internal users to objectively assess the company's situation and to obtain reliable and comprehensive information on the company's activities.

Reliability testing of accounting and reporting helps to detect accounting errors and reduce or eliminate financial risks. Business owners are therefore advised to seek expert advice if they suspect that their accounting reports may not comply with applicable legislation. In addition to identifying errors and potential risks, the expert will also provide recommendations on how to improve the company's accounting and financial affairs.

Last updated: 31-03-2023