Our approach to auditing will always be adapted to suit the characteristics and needs of each client as well as provide quality inspection services in a timely fashion. Our methodology focuses on understanding our clients' core activities whilst scrutinizing and assessing the financial risks they may face. Strict and rigorous risk assessment diagnostic procedures are incorporated and testing procedures are adapted to control the various facets of each situation on a case by case basis.
Our Audit & Assurance services comprise of statutory and regulatory audit services, including capital markets transactions, information systems review, and general accounting and regulatory issues. We are licensed by the local Institute of Greece to carry out statutory audits of financial statements as and when required by the local legislation. Our partners are qualified chartered/certified accountants and members of the local Institute with practicing certificates to perform statutory audits.
We carry our special purpose audits of financial statements prepared under IFRS in countries where this is not a statutory requirement. This is also done in cases where an IFRS audit may be required in order to report to the Group auditor who is expressing an opinion on the Group financial statements prepared under IFRS.
In cases where a full audit may not be required, we may be engaged to perform a review of the financial statements which involves performing detailed procedures with the purpose of reporting on whether anything has come to our attention that causes us to believe that the financial statements are not presented fairly in all material respects in accordance with IFRS.
Interim financial information is financial information that is prepared and presented in accordance with an applicable financial reporting framework and comprises either a complete or a condensed set of financial statements for a period that is shorter than the entity’s financial year. Such a review consists of making inquiries, and applying analytical procedures. A review is substantially less in scope than an audit and accordingly no audit opinion is expressed.