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ÐóññêèéAzerice    About Us    History    Services  
THE LIST OF SERVICES

1. GENERAL AUDIT

  • Confirmation of reliability of the accountancy (obligatory audit)
  • Confirmation of reliability of the accountancy of the affiliated and dependent companies
  • Audit under the international standards
  • Drawing up of the accounting reports and financial statements under the international standards
  • Operative design of the new forms of the reporting

2. CONSULTATION UNDER TAX LEGISLATION

  • Consultation on organization of tax scheduling
  • Consultation on drawing up the tax returns
  • Consultation on record-keeping of the tax account
  • Examination of the financial and economic operations and structure of the enterprise from the tax legislation viewpoint
  • Preparation of the documents on tax disputes
  • Protection of interests of the enterprises in the tax authorities

3. ADMINISTRATIVE CONSULTATION

  • Consultation on problems of management of the costs
  • Conducting of the analysis of the costs
  • Design of systems of the administrative accounting
  • Activity and cost analysis of organizational structure of the enterprises and use of assets
  • Development and introduction of budgeting systems (financial scheduling and management of pecuniary flows)

4. FINANCIAL & ECONOMIC ANALYSIS

  • The analysis and development of the financial diagrams
  • Preparation financial reporting
  • Examination of the agreements in various spheres of financial activity

5. CONSULTATION ON FINANCE MANAGEMENT DECISIONST

  • Preparation of the business plans for engaging the loans and investments
  • Preparation of the business plans for conducting of financial improvement of the enterprises and anti- crisis management
  • Conducting of examination various business plans
  • Consultation on international operations (foreign trade contracts and opertations, the final pays, hedging etc.)
  • Consultation on financial reorganization of the enterprise (merger, annexation, separation, liquidation etc.)

6. LEGAL PROTECTION OF THE CLIENTS WITHIN TAXATION QUERIES

  • Preparation of the documents for economic court
  • Judicial protection of the clients

7. TAX SCHEDULING

  • Designing of the individual diagrams of minimization of tax payments
  • Application of the existing tax payments minimization diagrams

8. APPRAISAL OF THE FIXED ASSETS

  • Appraisal and reappraisal of the fixed assets
  • Determination of the goodwill

9. SETUP OF COMPUTERIZED SYSTEMS OF THE ACCOUNTING

  • Consultation upon choosing a software for setup computerized accounting system
  • Adaptation of the software in accordance with specificity and demands of the enterprise

APPENDIX 1

General Audit section reputes the following types of audit various by the terms of implementation and cost of services:

1. Obligatory audit

Reputes the short enough program of audit and covers only basic spheres of the financial and economic activity of the enterprise.

Audit is conducted according to mutually agreed program.

On results of audit the Auditor does not bear the liability for correctness of calculation of the charges and disbursements of the taxes in the budget.

The consultation of the Customer is not conducted.

On results of the conducted audit the Auditor issues the Conclusion either about compliance or non- compliance of balance and financial reporting.

2. Annual audit with accent on taxation

Audit is conducted according to mutually agreed program and covers all essential spheres of the financial and economic activity of the enterprise.

On results of audit the Auditor guarantees correctness of calculation of the charges and disbursements of the taxes in the budget as per queries determined in the program agreed.

On results of the conducted audit the Auditor issues the Conclusion either about compliance or non- compliance of balance and financial reporting, and also recommendation for a technique of the accounting and taxation.

Within audit check the Auditor conducts consultation of the Customer on financial and economic questions.

3. Long-term service under the "Permanent Client" status

This type of service is determined by conclusion of the contract on long-term service basis in the beginning of an auditing period and with fixed minimum duration of the services period as 1 (one) year.

Service under the status "the Permanent Client" includes the following:

  • Weekly consultation within a year
  • Annual confirmation of balance
  • Confirmations of the emission (issue), annual report on the securities and etc.
  • The financial analysis of the enterprise
  • Consultation on taxation and its minimization
  • Consultation on management of the finance
  • Drawing up of the accounting reports and financial statements under requirements of the local legislation
  • Drawing up of the accounting reports and financial statements under the international standards

The "Permanent Client" status means the responsibility of the Auditor for timeliness and correctness of disbursements of the taxes by the Customer, reduction of tax payments and financial stability of work of the enterprise.

4. Annual consultation

Reputes weekly consultation on the most complex questions of the financial and economic activity of the enterprise

The questions are being asked, answers and explanations followed in this respect are submitted in written shape.

At incorrect consultation the Auditor bears the liability for damages at a rate of damage caused to the Customer.

5. Cost of services

The prices for services are defined according to the usual practice of the market of auditor services in Azerbaijan. The order, terms and form of payment are reserved separately in each particular case and on the basis of scope of the works presented to executing.




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