International audit services
International audits carried out by the experts at Nimius Advisory
The accounting process ends with an audit of the financial reports, and it is a crucial step: it confirms that the accounting records are accurate and that they follow international standards. That matters all the more if you intend to borrow from foreign banks or bring in investors from abroad.
Accounts kept accurately give a reliable picture of how your company is performing, and partners, clients and other interested parties use that picture to make informed decisions. An audit also helps companies that want to improve their procedures and streamline their processes before entering the global market.
We provide independent audits for public and private companies alike. The audit shows us how well your accounting and control systems work, and we then help you meet the regulatory requirements. Internal compliance audits are not a legal obligation for every business, but regular reviews are critical to your company's success.
When compliance audit services are worth considering
An internal or external compliance audit can be of great value to your company if your priorities include:
- Working actively with partners in other countries
- Taking your business into the international market
- Building partnerships with investors from abroad
- Getting credit from foreign banks and opening accounts with them
What a compliance audit gives you
Compliance rules keep changing, just like the laws behind them: existing rules grow and new compliance programmes appear. The main advantage of an audit is that it gives an independent view of your business processes, so they can be improved or adapted whenever the rules and requirements change.
An internal or external compliance audit shows a company where it falls short of norms and standards and where the gaps are, and it points to ways of doing better. Acting on the audit's recommendations keeps risks to a minimum and helps avoid problems, including penalties for non-compliance.
Our international audit services
What we can do for you:
- Preparing financial statements
- Auditing foreign companies
- Producing management reports
- Registration and VAT reporting
- Advice on accounting methods and practice in other countries
- Taking part in tax audits abroad
- Preparing tax returns for individuals
- Advice and support on financial transactions and projects
What you pay depends on the type of business, the region, how urgent the work is and how complex the tasks are, among other factors.
How a compliance audit with Nimius Advisory works
We usually work with clients in several stages:
- Stage 1
Getting to know the project
We draw up a checklist for the compliance audit, gauge how far the audit needs to go and set the principles that will guide it.
- Stage 2
The contract
We sign a contract setting out how the audit services will be provided and how they will be paid for.
- Stage 3
Evaluation
We review the documents, check them against individual departments, analyse how efficiently staff work, look at the internal control mechanisms, and more.
- Stage 4
The audit report
After a thorough examination, we write a report with our conclusions on how accurate the financial data is.
- Stage 5
Compliance audit advice
We help find the best solutions to the issues uncovered, and publish the report officially.
Wherever you are in the world, our team is ready to help.
Does your business need an audit?
Commission it from Nimius Advisory, one of the top professional teams. Our manager can go through every detail of working together with you.