Our financial statement audit is based on an deep understanding of the client's business and the risks inherent in this business. This approach allows us to perform a robust and thorough audit, which is focused on the most risky and relevant business areas.

    Financial statement audit services include:

    • Providing valuable insights from the audit team;
    • Operative and practical solutions regarding accounting issues;
    • Focus on the most risky and relevant areas and incorporation of the latest technologies in order to improve business efficiency;
    • Active communication and partner involvement, risk identification and discussion;
    • Coordinated management of the audit team, focused on saving the client's time;
    • Detailed discussion of audit results and issues at the end of the process.
    Toma Jensen

    Partner

    KPMG in Lithuania

    Rokas Kasperavičius

    CEO, Partner

    KPMG in Lithuania

    There are four key phases in the process:

    • Planning - identifying and confirms the key risks;
    • Controls phase – evaluation of the design and implementation of selected controls, advising management on significant issues identified and, conducting an interim review when necessary;
    • Substantiation – carrying out tests of detail on areas that require particular focus;
    • Completion - submission of the independent auditor’s report and the delivery of our view on key areas of your business.


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