FZ Audit’s Assurance Team will help your business improve its external financial reporting and adapt to new regulatory requirements, such as the International Financial Reporting Standards, and provide reasonable assurance on the financial and operational performance of your business.

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FZ Audit’s Audit methodology has been developed from the International Standards of Audit to suit the needs of any small and mid sized business. Furthermore our methodology has been adjusted to meet the specific needs of International Companies’ which consolidate their holdings in Cyprus.

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FZ Audit’s methodology aims to comply with the quality standards set by the International Auditing and Assurance Standards Board, adhering the quality checks of the Institute of Certified Chartered Accountants of Cyprus. FZ Audit methodology is implemented by adopting strict Risk management policies by appointing Review and Quality review partner for each and everyone of our assignments.

 

Quality

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Our focus on quality stems from the convergence of global audit standards worldwide which demands a consistent audit approach from the auditors. Multinational companies need auditors that speak the same audit language. The is the main reason that has lead as to adopt International Standards of Audit and to implement an audit methodology that is accepted and easily communicated over many international jurisdictions. As a result higher quality is achieved by implementing a consistent audit approach. The consistent audit approach enable FZ Audit people understand and evaluate your business using a common method irrespective of your business location.

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The services offered by our audit and assurance department include:

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The statutory audit service offered provides reasonable assurance on the true and fair view on the financial information of the business.  The independent auditors report must be submitted so that the business is in compliance with statutory or regulatory requirements.

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FZ Audit Team will issue an advice on the weakness of the internal control of the business and confirm the treatment of complex transaction to assists the directors to meet their statutory duties.

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The assurance team will help your business in achieving its corporate sustainability goals by strengthening the corporate governance procedures and non- financial reporting.

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Multinational companies need auditors that speak the same audit language. The is the main reason that has lead as to adopt International Standards of Audit and to implement an audit methodology that is accepted and easily communicated over many international jurisdictions.

​

By implementing a consistent audit approach higher quality is. The consistent audit approach enables FZ Audit Team to understand and evaluate the business using a common method irrespective of your business location.

​

The assurance team will help your business in achieving its corporate sustainability goals by strengthening the corporate governance procedures and non- financial reporting.