PwC is a world’s leading audit firm; our audit clients comprise almost one half of the Fortune 500 companies. However, our to-of-the-line audit focus may be also tailored to the needs of the small and medium-sized companies. In every case, the PwC audit is supported by our deep knowledge of the industry, our vast international experience and, our global network of skilled professionals.
The audit services’ focus has shown a great evolution, which has enabled us to offer a final product of great usefulness for our clients.
This evolution has allowed our work to be carried out on the basis of a merely operating and functional approach, i.e., not limited to a mere enumeration of troubles and deficiencies but that, from a better understanding of the client’s business, is accompanied to each audit finding with recommendations for the respective resolution.
Our services in this area are detailed below:
Compliance for regulatory purposes
Our team of experts in regulatory risks will provide support, advice and assurance to help you in risk management. We can assist you both at the operating level, minimizing the inconvenient costs relating to compliance for regulatory purposes, and at the strategic level, maximizing the competitive and strategic opportunities derived from the regulatory changes.
Audit for legal purposes
PwC provides audit services to organizations subject to an independent audit to comply with the legal or regulatory requirements. Our services comprise:
Audit about the truthfulness and reasonable assurance of the company’s financial-accounting information.
Advisory assistance on weaknesses in controls as well as the processing systems.
Confirmation of the accounting treatment of complex operations.
Further, we specifically address any other information requirement for regulatory purposes, such as those established under the S404 of the Sarbanes-Oxley Act.
Preparation and Adjustment to IFRS (International Financial Reporting Standards)
Given that the transition to International Financial Reporting Standards (IFRS) may affect a company in various and unforeseen manners, our team of adjustment to IFRS combines technical experience, training and specialization in industries. The methodology of transition to IFRS designed by us ensures that we obtain the correct numbers, identify and solve the operating problems as they appear.
- Audit and limited reviews.
- Advisory services in accounting and regulatory matters.
- Evaluation of internal control systems.
- Accounting attestations and reviews.
- Management training.
- Support to the government control activities.