Based on the new standards requirements, we have developed to all our professionals in the knowledge and application of IFRS. According to what is stated, our professionals are not only able to do audits under the aforementioned regulations, but also are able to give advice at the highest level. All services include specific solutions related to the three basic stages of a convergence process to IFRS, analysis and impact evaluation, design of the convergence project plan and implementation. We advise our customers on the challenges to implement IFRS through a multidisciplinary team of professionals.
Our main services are as follows:
Audit of Financial Statements
It allows the user to obtain assurance about the reasonableness of the figures and data of the audited financial statements through the issuance of our independent professional opinion. It is framed in basic rules and principles of the integrated accounting system in Chile.
Review of Annual and Interim Financial Information
We offer the information service or reports that consider periods of less than one year or twelve months, ending on a date other than the end of the fiscal year.
Agreed audit procedures and / or attestation
Depending on the needs of the market, we can carry out previously agreed audit procedures, which have been agreed between Ecovis and the interested party, with a specific purpose and issuing a report containing the results of the findings.
It is the independent valuation of all the operations of an entity, in objective and systematic analytical way, to determine if acceptable policies and procedures are carried out; if the established standards are followed; if resources are used efficiently and economically; and if the objectives of the Organization have been reached in order to maximize results that strengthen the development of the entity. The findings that emerge from this service provide information to customers about aspects that can be improved with practical solutions
Advice on the application of accounting principles
Based on the new regulatory requirements, we have developed all our professionals in the knowledge and application of IFRS. As indicated, our professionals are not only able to carry out audits under the aforementioned rules, but also provide advice at the highest level.
All services include specific solutions related to the three basic stages of an IFRS convergence process: analysis and impact evaluation, design of the convergence project plan and implementation.
We advise our customers on the challenges to implement IFRS through a multidisciplinary team of professionals.
Advice on the preparation of financial statements for special purposes.
Ecovis, has developed specialties in industries and sectors that participate in the economy of the country, those having a high knowledge of accounting standards and financial report preparation established in international accounting regulations (US GAAP, UK GAAP, IFRS, etc.) . With this product, our customers can ensure the proper presentation of their financial statements in accordance with applicable regulations.
Evaluation of internal control systems
We have tools designed specifically by the global firm, which allow, facilitate, and ensure, an adequate application and evaluation of controls. These tools have been designed based on the internal control structure defined by the report. The components that are evaluated are: Control environment; risk assessment; Control activities; Information, communication; and Monitoring controls.