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A & C CHRISTOFI LTD > Services > Audit and Assurance Services

Audit and Assurance Services

Our Audit and Assurance services are comprehensive and straightforward, fully trusted by you, your investors, and other stakeholders. We customize our services according to each customer and their individual requirements and needs. Our mission is to offer excellent customer support so that you become the next customer who will recommend us.

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Hire the Top-Class Commercial Auditing Service

Our commercial Audit division provides consumers with highly customized, attentive service all year round. Our aim is to build a long-term relationship with your business, and one of our CPAs will make an effort from day one to become fully acquainted with your financial climate and pay attention to issues before they can become challenges. We also recognize that audits do not compete with your business, so we operate autonomously and critically so that your everyday routines do not suffer. To send you the most thorough and effective business audit, our audit team adheres to stringent quality management protocols. Without unreasonable expenses and time overruns, we take pride in providing hassle-free business audits.

Running an organization means searching for earnings, not just the effects of the loss. This is why the auditors of a corporation are so important. Auditing refers to objective assurance, and it is an operation that aims to enhance a company’s practices. By delivering a disciplined and structured approach to developing and evaluating the efficacy of control, risk management, and governance systems, it helps to meet the company’s priorities.

Types of Auditing & Assurance Service we offer-

Statutory Audit

Our team of trained and seasoned financial professionals successfully carries out the regulatory audit assurance benefits we offer. The respective finance audit is carried out according to legalized standards and legislation. Our services aid customers seeking a reliable and equitable interpretation of their organization’s financial statements.

Tax Audit

Audit of the qualifying entity’s financial statements in compliance with the rules of the Income Tax Laws & other applicable laws and filing by means of prescribed formats.

Internal Audits

Internal audit programs are tasked with finding points of change for corporate houses. We are dedicated to compliance with the established internal audit legislation and requirements and the agreed-upon memorandum of understanding. Our professional audit staff consists of competent advisors and auditors who counsel our customers on regular transactions, including the division of jurisdiction over core areas of management and compliance with operational policies and guidance.

Mystery Audit

A collection of practices that allow the company to track its success in a discreet and anonymous way. Mystery audits allow for testing of the performance standards of service and malfunctions to better learn the needs of the client, and also evaluate the abilities of the workforce and the efficacy of the training offered, contrast their success with rivals in terms of production, consistency and best processes, and collect evidence and knowledge for new market analysis.

Benefits of Auditing Services

  • Increases organizational performance - Auditing services regularly review an organization's processes and policies. These procedures help to reduce a company's risks. Monitoring and analysis allow the recognition of guidelines that facilitate the efficiency of company processes.
  • Protects assets and assesses risks - Through systemic evaluation, auditors protect assets and recognize risks. This helps to understand the holes in the enterprise and resolve them in time.
  • Effective Management - Auditors work to increase the profitability of an organization, and this is achieved by monitoring a company's risks. Annual auditing helps pinpoint effective responses to market risks.
  • Alignment with legislation and corporate laws - Auditors put together internal reports and help with the annual internal audits in accordance with all relevant legislation and corporate laws.

Our Audit and Assurance services include the following:

  • Statutory audit of Financial Statements
  • Assistance with the preparation of financial statements and consolidated financial statements in accordance with International Financial Reporting Standards (IFRSs)
  • Internal control reviews and design
  • Internal audit
  • Special Audit and Due Diligence Reports
  • Listing on the Cyprus Stock exchange

Covid-19 - Business support, advice, guidance and working arrangements We are posting regular updates to help our clients stay informed

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