Audit and other assurance services

Audit and other assurance services

The overall objective of an audit of financial statements is to express an opinion on whether the financial statements are reasonably prepared, in all material respects, in accordance with an applicable financial reporting framework. From the practical point of view, the execution of an audit should contribute to the constant strengthening of the accounting management of the organization in its function of expressing the patrimonial, economic and financial reality of the company to truly become a valid information tool for the decision making.

Additionally, the Legislation of El Salvador requires that the Companies appoint a tax auditor as long as their total income exceeds the equivalent of 4,817 minimum wages or that they have exceeded a total assets of US$1,142,857.14. Audit services include:

  • Audit of financial statements
  • Compliance Tax audit

The other assurance services include those services related to

  • Engagements for the review of financial statements
  • Reviews of interim financial statements
  • Reviews of the degree of security on the controls of a service organization (ISAE 3402 or SSAE 16)
  • Previously agreed procedures Additionally

Our Firm can support you in the following services

  • Operational and Management Audit
  • Systems Audit (General Control Information Technology)
  • Comprehensive review of internal control systems
  • Audit of the Prevention of Money Laundering
  • Due Diligence (M&A)