The purpose of an audit is to provide an independent and objective examination of the financial statements, which increases the quality and credibility of the financial statements obtained by the company’s management, leading to increased user confidence in the financial statements, reducing investor risk and thus capital costs.

A review is also an audit, but provides a moderate level of assurance on the financial statements. The purpose of a review refers to the procedures applied by an auditor, taking into account the requirements of the relevant Audit Standards, the Financial and Regulatory Reporting Framework, the applicable law, in order to obtain sufficient appropriate evidence to achieve the proposed objectives and the basis for expressing a conclusion on the financial statements as a whole.

• Audit missions based on agreed procedures for a specific purpose
• Financial statement compilation services in accordance with IFRS or other reporting systems
• Structural funds audit
• Audit of financial reports prepared at the request of International Financial Institutions

Internal audit involves an objective examination of all the activities of an entity in order to provide an independent assessment of its risk management, control and management processes.

Through this process Foqus Accounting supports the investor interested in acquiring investments. Analyzes and examinations of information from various points of view, identification of business risks in terms of accounting, legal, fiscal, human resources, market, adequacy of control systems, compliance with specific accounting and tax regulations, accurate presentation of financial reports a comprehensive view of risk and business quality. This is not an audit, it is an assessment with a different approach to the above elements mainly considering the risk and the adequacy.