Our Assurance team offers a broad range of innovative, high-quality and cost-effective solutions to our clients to improve their financial control and regulatory reporting system and to increase shareholder value.
Services
Audit
Our Assurance team is highly trained and committed to providing statutory and regulatory audits of the highest standard. We aim to exceed client expectations, by continuously reviewing our own effectiveness and efficiency, and by maintaining close communication with the client throughout the audit process.
Key Services
- Audit or review under the Auditing Standards of the Slovak Chamber of Auditors (SKAU)
- Audit or review under the International Financial Reporting Standards
- Audit or review under other standards on auditing (e.g. US GAAS)
- Audit or review of group reporting packages
- Interim review reporting
- Review of internal controls
- Corporate governance
- Management accounting
- Sector-focused teams of auditors
Accounting Advisory Services
PricewaterhouseCoopers' accounting specialists are highly experienced and knowledgeable in both Slovak and international regulatory and accounting issues.
Key Services
- Accounting advice in the area of US GAAP, UK GAAP, German GAAP and GAAP in other countries
- Implementation and interpretation of IFRS, incl. training financial staff, converting internal management accounts to IFRS, creating or amending charts of accounts to comply with IFRS, etc.
- Reviewing treasury operations, corporate structures, and finance function outsourcing proposals
- Advice on technical accounting and financial reporting
- Training and seminars for finance and accounting staff
International Financial Reporting Standards
PricewaterhouseCoopers has a proven track-record in assisting Slovak and multinational companies to convert their accounting systems to International Financial Reporting Standards. We provide you with practical solutions for the implementation of International Financial Reporting Standards and work closely with your team to ensure that the process progresses as smoothly and as cost-effectively as possible.
Key Services
- Preparation of "track record" IFRS financial statements
- Selecting accounting policies, taking into account 'benchmark' versus 'allowed alternative' treatments in IFRS.
- Deciding upon specific measurement issues
- Identifying the additional information required to conform with IFRS disclosures
- Planning and managing required resources
- Creating or amending charts of accounts to comply with IFRS
- Training financial staff in the requirements of IFRS
- Designing group reporting forms and instruction packs to collect appropriate information from divisions/subsidiaries
- Amending existing information systems
- Converting internal management accounts to IFRS
Financial Regulatory Services
PricewaterhouseCoopers' Assurance & Advisory professionals are highly experienced and knowledgeable in both Slovak and international regulatory and accounting issues and, as such, are well placed to advise companies in areas such as:
Key Services
Compliance Review
- Review of prudential returns of banks for regulators
- Auditor's statement on the bank's performance reports, including risk controls and compliance reviews
Regulatory Advisory Services
- Assistance with regulatory reporting
- Assistance with internal regulatory compliance guidelines
- Review of the compliance function
New Basel Accord Advisory
- Determination of the current status of your credit and operational risk approaches within the context of the New Basel Approach
- Identification of critical areas and gaps requiring immediate attention
- Detailed evaluation of your current position and the gaps identified
- Diagnostic Tool - a questionnaire and database software based on the requirements of the New Basel Accord, which helps to determine areas which require immediate management attention
- Consultation and advice on the range of options available to address gaps identified
- Estimation of process and timescales for resolution of weaknesses
Anti-Money Laundering Services
