Audit and Related Services
Assurance and advice are at the heart of what MCD does. Services such as audit, financial reporting and risk management advice give your business the stability you need to manage effectively and achieve your objectives.
As a decision maker, you need to be sure you are acting on reliable information. You need to be aware of your business risks and know that they are managed effectively. You need faith in your underlying systems and controls and confidence that you are compliant with key legal requirements. Moreover, you need to be able to instil your shareholders, investors and customers with the same confidence.
Together we understand the challenges you face and the importance of firm decisions and a flexible approach in a complex and ever-changing environment. We will help you to find the right solutions, quickly and effectively.
These pages contain a brief summary of the audit and business advisory services available from MCD.
Audit and Assurance
Key audit and assurance services include:
- Statutory audit
- Voluntary audit
- Observation tests
- Agreed-upon procedures
- Audit of financial statements prepared in accordance with IFRS
Translation and Preparation of Financial Statements in Accordance with IFRS
- Translation of financial statements in accordance with IFRS
- Translation of financial statements with concurrent training of the client’s personnel and submission of a package of methodical materials
- Organization of accounting systems in compliance with requirements of the international standards
- Design of accounting policies in accordance with IFRS
- Provision of consulting services related to application of IFRS
Accounting Advisory Services
- Assessment of accounting and reporting systems
- Economic and financial consultancy
- Management consultancy, including accounting advice for a restructure or privatization
- Due diligence
- Implementation, restoration, and maintenance of financial accounting
- Compilation of financial statements
- Development and analysis of investment projects
- Preparation of business plans
Accounting and Taxation Services
- Written consultancy on accounting and taxation
- Tax consultancy
- Analysis and assistance in designing of company's accounting policies, recommendations on adjustment of the accounting policies in accordance with the existing legislation
- Analysis and assistance in designing of company's document flow system
- Consulting support in implementing ERP systems
Assessment and Implementation of Internal Control and Internal Audit Systems
- Analysis of the strengths and weaknesses of the internal control and internal audit systems
- Assessment of functioning of the systems (testing)
- Improvement of the internal control and internal audit systems (concept, regulations, development of plans and methods, recommendations on optimization).
Independent Financial Investigations, Forensic Services
- Prevention of malpractice
- Identification of malpractice occurrence
- Professional services related to remedial measures in respect of consequences of malpractice.