Our approach
We value our clients’ trust. Fundamental values driving our work are as follows:
Full compliance with audit legislation
We respect the principles of professional integrity, independence and ethical behaviour embodied in the Code of Ethics adopted by the Chamber of Auditors of the Czech Republic. Audit services are provided in accordance with the International Standards on Auditing and relevant national accounting standards.
Added value of audit services to owners and managers
Our audit work maximises added value. Our audit findings are openly communicated to company management and, especially, to its shareholders. We investigate and report deviations from the norm across all levels of the business process - even if they are not directly related to financial reporting. Our services are available throughout the whole accounting period. This ensures thorough assessment and identification of potential problem areas well before year end reporting time.
Individual approach
To provide high quality audit services to our clients, we must first understand the internal processes, accounting practices, internal controls and financial reporting issues that are specific to a particular organisation. We understand that each client operates in a specific business environment. Therefore, we always plan our audit work according to the individual requirements of our clients.
Focus on audit work efficiency
The cornerstone of our work is detailed planning and a focus on the key areas of client business processes. Accurate targeting of our audit tests allows us to perform the audit with maximum efficiency and with minimal effect on the day-to-day running of the organisation. When dealing with an organisation’s employees, we guarantee the least possible disruption and down time.
Modern approach to audit using information technology
We keep our audit files solely in electronic format using our own audit software that is tailored exactly to our needs and requirements. Our audit team has its own printers, scanners, secure data transmission devices and other, necessary, technical equipment. We seek to minimise our impact on the environment.
Focus on output quality
The presentation of financial statements in terms of content and layout is crucial because it influences the external user’s perspective of the organisation as a whole. We guide our clients to present their financial statements in a way that meets the expectations of its external users and expresses the financial position of organisation in a true and fair manner.
Confidentiality
We have very strict internal rules for keeping information relating our clients confidential. All information obtained during assignment is confidential. Our team members are bound by confidentiality in writing. Data is stored solely on password-protected media and the server protected by several passwords and other physical means.
Interest in development of long-term relationships
Client satisfaction of utmost importance to us. Our goal is to build solid, long-term relationships with our clients based on the principles of reliability, open communication and trust.