Other services rendered exclusively by expert auditors
- Audits of financial assets, falling under the exclusive competence of Expert auditors
Business entities entitled to outside funding are required to perform an audit of expenditures borne in the course of implementing their respective projects.
The audits are conducted in accordance with guidelines applicable to particular programs as well as the relevant national and international auditing standards.
The scope of audits conducted by our company includes:
- allocation of funds for science granted to educational institutions,
- state aid for rescuing and restructuring enterprises in difficulty,
- financial statements of political parties.
- Services defined in the Code of Commercial Companies
In order to adequately secure the proper operation of a business and its management in commercial markets, entities undertake various activities sanctioned by the provisions of the Code of Commercial Companies, whose due implementation ought to be verified by an expert auditor.
Our offer includes the following services:
- examination of books and business activities (Articles 223-226 of the Code of Commercial Companies),
- examination of the representations of joint-stock company promoters with regard to in-kind contributions, property purchased prior to company registration, valuation of contributions (Articles 311-320, 449 of the Code of Commercial Companies),
- examination of the representations of the board with regard to acquisition from a promoter or shareholder of any property for a price exceeding 10% of the paid share capital (Articles 393-394 of the Code of Commercial Companies),
- examination of the pricing of shares subject to forced buyout (Articles 416-418 of the Code of Commercial Companies),
- examination of in-kind contributions related to contingent increase of the share capital (Articles 449-450 of the Code of Commercial Companies),
- examination of draft terms of merger (Articles 502-503, 516, 520 of the Code of Commercial Companies),
- examination of draft terms of division (Articles 536-537 of the Code of Commercial Companies),
- examination of draft terms of transformation for correctness and reliability (Articles 555-556 of the Code of Commercial Companies).
- Services related to the Warsaw Stock Exchange
Companies listed or applying to be listed on the Warsaw Stock Exchange are required to provide a prospectus/registration document and the financial data contained therein must be examined by an auditor.
Our offer includes:
- examination of historical financial data,
- assessment of pro forma financial information, profit forecasts or estimates.
- Examination of financial statements prepared in accordance with Article 44 of the Law on Energy
We perform examinations of financial statements prepared in accordance with Article 44 of the Law on Energy. The Article stipulates that an energy enterprise, in order to ensure equal treatment of customers and eliminate cross-subsidisation, is obliged to conduct accounting records in a way that allows a separate accounting of the costs and revenues, profits and losses for the business activity conducted in the scope including the supply of gaseous fuels or energy in relation to the group of customers specified in the tariff, as well as in the scope not related to said activities.
Energy enterprises are obliged to draw up and maintain, on the terms and according to the procedures specified in accounting provisions, financial statements including a balance and calculation of profits and losses for the reporting periods, separately for each individual type of business activity.
Said statements are subject to examination in accordance with the terms specified in Chapter 7 of the Act on Accounting of 29 September 1994.
- Verification of energy-consumption coefficients
The Act on Renewable Energy Sources of 20 February 2015 introduced a new reduction for industrial companies characterised by high energy-consumption coefficients. Entrepreneurs who, pursuant to the Act, are eligible to the status of an energy-intensive company, may apply for a partial reimbursement of the excise tax on energy used for the purposes of chemical reduction as well as electrolytic, metallurgical or mineralogical processes. The reimbursement can be obtained by submitting an application accompanied by the opinion of an expert auditor confirming the correct calculation of the share of energy costs in the value of production sold in the given fiscal year (so-called energy-consumption coefficient).
