On 30th and 31th of May our team had the opportunity to participate at the #1 tech & business festival in Limassol, known as "Reflect Festival"! 

Auditors are publicly appointed and have the professional task of carrying out business audits andissuing audit opinions on the performance and result of such audits, in particular audits of annual financial statements of economic enterprises. This is regulated in Section 2 (1) of the Act on the Professional Code of Conduct for Auditors. Furthermore, there is the legal obligation for companies to have their business figures certified by an auditor - the so-called auditor's certificate.

A statutory audit is the creation of the financial statements, the validation of the accounting numbers produced by the accountant and the inclusion of disclosures / notes in accordance with the IFRSs (the International Financial Reporting Standards) together with the auditors opinion where the regulated audit and assurance firm validates whether or not the financial statements show a true and fair view by expressing an opinion also called the "audit opinion".
 

Finhub has been designed to save the user and the service provide time. The service is free, fast and reliable making it the easiest way to obtain accurate quotations from validated audit and assurance firms. 

Simply select the service you need from the drop-down menu, enter your budget and a short description of your exact needs and answer to our questions which have been designed in such a manner so that the service provider will obtain the necessary information to provide you with an accurate and binding quotation. 

For the user the process should not take more than 2 to 3 minutes.  

What is the auditor's engagement letter? 

The auditor's engagement letter is effectively the service agreement between your business (company or yourself if you are a sole trader) and the audit and assurance firm. In other words, it’s a contract which stipulates each party’s obligations and responsibilities.