- Sergey Minyailo
- August 19, 2013
It is time to choose an auditor for your Russian company. Choosing Awara will grant you several benefits.
Often foreign firms in Russia use one of the Big 4 for auditing their international IFRS or GAAP accounts, while a local auditor conducts Russian statutory audits and tax compliance audits. When Russian statutory financial and tax audits are duly conducted, they may be used as bases for IFRS and GAAP audits, which in turn may be carried out more cost-efficiently once their local parts are in order. Awara has been filling this niche providing cost-efficient local audits under Russian standards, while reporting in accordance with international practice. Our management reports are written in a clear and transparent fashion focusing on essential matters so that management may quickly take stock of what matters most. Unlike Russian audit practice, which favors long reports of over 100 pages where essential data may only be found among much irrelevant information, our management reports are clear and concise thus saving you valuable time.
Our audit service provides another additional benefit insofar as we use our strong IT expertise to complete our audit assignments.
More about our services
Awara provides its clients all over Russia with services ranging from conducting internal reviews to outsourced control of finance and business operations in accordance with Russian principles and requirements. Providing financial administration services to many international companies operating in Russia for years, we have gained extensive experience and expertise in understanding significant financial advantages, identifying potential financial risks and conducting timely audits. Our auditors apply their expert knowledge of financial administration in all auditing procedures, while fully complying with local statutory requirements.
We customize our auditing services to meet the needs of our clients in various fields:
- Russian Statutory Financial Audit
- Russian Statutory Tax Audit
- IFRS and GAAP Audit
- Conversion of Russian financial data (RAS) into international standards (GAAP, IFRS) and vice versa
- Special Audits
- Russian Corporate Governance Audit
- Performing Revision Committee Functions
- Russian Risk Management Audit
- Financial Due Diligence
Awara specialists provide optimal cost-effective solutions precisely and efficiently fulfilling your company’s audit requirements.
We would be pleased to discuss your company’s needs and offer you our auditing services to enable profitable growth of your business and increase your shareholder value.
We are look forward to collaborating with you and building a mutually rewarding relationship with your company.