Tomorrow's Audit, Today

The perfect blend of people + technology

We are reimagining the audit experience. 

Our technology enabled audit offers a perfect blend of people and technology: Delivering exceptional quality, saving your time and giving you deeper insights. 

Change is tackled hand in hand with you and your team. We take the time to guide you through the ongoing process of identifying areas where innovation makes sense and then making sure the transition runs smoothly at a pace you’re comfortable with. Together, we will adapt your processes, controls, structures and corporate governance systems accordingly – the only way of generating, analysing and making proper use of the necessary data for an impactful audit.


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Tomorrow's Audit, Today

Our services

Financial statement audit

The financial statement audit to its shareholders offers credibility, comfort and objectivity.  The fundamental purpose of the audit is to provide independent assurance that management has, in its financial statements, presented a “true and fair” view of a company’s financial performance and position. It underpins the trust and obligation of stewardship between those who manage a company and those who own it or otherwise have a need for a clear and objective view. 

Our specialists will help to bring objectivity and transparency by performing financial statement audit in accordance with Latvian statutory requirements.

IFRS reporting

IFRS is the common global financial reporting language. Major new standards for financial instruments, revenue recognition and leasing present significant challenges to preparers of financial statements. Our Assurance team will perform audits of Group Reporting Packages and financial statements in accordance with International Financial Reporting standards. 

Risk Assurance services

  • Implementing the suitable Governance, Risk and Compliance (GRC) framework enables organisations to identify the right approaches which contributes to process efficiency, improved risk management and internal controls. We can provide the necessary support and design GRC operating model to meet your strategic goals and enhance the effectiveness of the management and operations of your organisation.
  • Internal audit solutions: Internal Audit plays a key part in helping your organisation achieve its strategic business objectives within the risk settings you desire. We tailor our solutions to match the individual business needs of our clients. We help you look deeper and see further considering areas like your organisation’s culture and behaviours to help you improve and embed control.
  • Threats of economic crime or operational, reputational, legal hazard: If you are at risk of potential damage due to criminal activity of economic nature, face a financial or regulatory/compliance dispute or have concerns about possible areas of vulnerability in your organisation, our specialists can provide the necessary guidance and support.

Capital markets advisory

Companies are looking for independent advice and a higher level of support as they approach the capital markets to raise equity. We understand that this might be a complicated task, that is why our professionals will help you with independent and objective advice on transaction accounting, accounting change and accounting problem solving. 

Accounting advisory services

From planning and executing capital market transactions to navigating regulatory change, all aspects of your business rely on understanding increasingly complex accounting rules and frameworks. Our team of experienced specialists will help you and give advice and practical assistance on specific accounting and financial reporting issues such as consolidation procedures, format of the financial statements, accounting for financial instruments and others.

6 Pillars of Digital Audit - What it means for you?

Audit and digital IQ combined to deliver exceptional service.

Enhanced quality, relevant audit plans, targeted testing.

A real-time view across the globe like never before.

Less data prep, less disruption, saves you time.

Automations built by your engagement team — just for your audit

Relevant insights into your business as a result of the audit

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Technologies - how we do it?

Halo - where the data analysis happens

Our Halo data auditing tools test huge volumes of data, analysing whole populations to improve risk assessment, analysis and testing, and unlock a wealth of insight. There are Halo tools to meet the unique needs of companies in different industries. 

Halo allows us to do risk assessments, visualise patterns and provide new insights.


Aura - where we document everything and perform key audit procedures

Think of our cloud-based Aura platform—used on every PwC audit across the globe—it’s our audit ERP where we build and execute the audit plan: right-sized for our clients’ businesses. We can address risk levels, collaborate seamlessly and understand your business processes.

It drives quality and consistency. 


Connect - how we collaborate and stay connected with our clients and each other

It’s where our clients’ teams and ours can be in touch 24/7 and where they see real-time status updates—even from their phone. One-stop for everything audit, across all locations.

Connect has real-time tracking, is mobile-ready and provides total visibility. 


Get tomorrow's Audit, today.

Trust. Quality. Innovation. What does one have to do with the others? Everything. 

We need confidence in the machines that make our work more efficient, as much as we do in the people who harness them. That’s why we are facing digital disruption head on. To reimagine the audit with equal parts automation and human experience. And ushering in an experience revolution for you and your team. That’s tomorrow’s audit, today.



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Contact us

Ilandra Lejina

Ilandra Lejina

Partner, PwC Latvia

Tel: +371 67094400

Jana Smirnova

Jana Smirnova

Member of the Board, Director in Assurance, PwC Latvia

Tel: +371 67094400

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