INDEPENDENT FINANCIAL AUDIT

The independent financial audit is regulated in the Independent Financial Audit Act and its practical implementation is performed in accordance with International Standards on Auditing (ISA).

The purpose of the audit is to enable the auditor to express an opinion whether the entity’s annual Financial Statements give a true and fair view of its financial position in all material aspects.

Our audit services are subject to the regulatory framework of Independent Financial Audit Act and International Standards on Auditing as well as the ethical principles and rules set out in the Code of Ethics for Professional Accountants issued by the International Federation of Accountants (IFAC) through the Council for International Ethic Standards for Accountants and adopted by the Bulgarian Institute of the Certified Public Accountants.

The result of the audit is set out in the Independent Auditor’s Report which expresses in writing the auditor’s opinion of the reliability of the Financial Statements.

Our audit team has high competence and long-standing experience.