Audit

In the field of audit and tax consulting I.L.T.S. is collaborating with a subsidiary structure – CJSC "I.L.T.S.-Audit" (member of the Moscow Chamber of Auditors since 1999 – hereinafter referred to as "I.L.T.S.-Audit").

Proceeding from this collaboration I.L.T.S. can offer the following accounting and auditing services to its clients on economically acceptable terms.

Statutory audit (audit of bookkeeping (financial) statements of enterprises and organizations in accordance with auditing standards), including:

quality assessment of internal control, documentation and bookkeeping;
confirmation of the reliability, accuracy and legality of bookkeeping;
providing the client with the auditor's report, comments and explanations on all matters relating to bookkeeping and tax accounting, reporting, etc.;
recommendations and a report on the audit results.

Tax audit (verification of compliance with the legal standards of the order of formation, recording and payment of the economic operator of taxes and other payments to budgets of various levels and extra-budgetary funds, and providing other related services on tax matters), including:

preliminary assessment of the existing system of taxation;
verification and confirmation (disconfirmation) of the correctness of calculation and payment of taxes and fees in the budget and extra budgetary funds;
preparation and presentation of the results of tax audits.

Financial audit (the audit for the owners and managers, an independent review of internal financial statements of the client company to establish the authenticity and correctness of accounting information), including:

conclusions on the results of the audit;
analysis of the gaps (weaknesses) indentified during the audit;
recommendations on optimization of client's accounting and reporting system.