{"id":12049,"date":"2023-09-15T14:24:30","date_gmt":"2023-09-15T11:24:30","guid":{"rendered":"https:\/\/corvusfirm.com\/specializacija\/revizija\/revizijas-un-apliecinajumi\/"},"modified":"2025-03-27T11:17:08","modified_gmt":"2025-03-27T09:17:08","slug":"audits-and-acknowledgments","status":"publish","type":"specialization","link":"https:\/\/corvusfirm.com\/en\/specialization\/audit\/audits-and-acknowledgments\/","title":{"rendered":"Audits and acknowledgments"},"content":{"rendered":"\n    <section id=\"hero-breadcrumbs-background-block_6838bd0db478a1b71c1184e8896abf1b\" class=\"hero-breadcrumbs-background js-hero-breadcrumbs-background background-black-500\">\n        <div class=\"hero-breadcrumbs-background-wrapper container\">\n            <div class=\"row\">\n                <div class=\"col col-12 col-breadcrumbs js-fade-in\">\n                    <div class=\"col-wrapper\">\n                                            <\/div>\n                <\/div>\n            <\/div>\n            <div class=\"row row-content\">\n                <div class=\"col col-12 col-md-6 col-lg-auto col-left\">\n                    <div class=\"col-wrapper\">\n                        <h1 class=\"hero-breadcrumbs-background__title h1 js-fade-in\">Audits and acknowledgments<\/h1>\n                        <p class=\"hero-breadcrumbs-background__desc-left js-fade-in\"><\/p>\n                    <\/div>\n                <\/div>\n                <div class=\"col col-12 col-md-6 col-lg-auto col-right\">\n                    <div class=\"col-wrapper js-fade-in\">\n                        <p class=\"hero-breadcrumbs-background__desc-right\"><\/p>\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"animated-dots\">\n            <span><\/span>\n            <span><\/span>\n            <span><\/span>\n            <span><\/span>\n            <span><\/span>\n            <span><\/span>\n            <span><\/span>\n            <span><\/span>\n            <span><\/span>\n            <span><\/span>\n            <span><\/span>\n        <\/div>\n        <div class=\"hero-breadcrumbs-background__background\">\n            <img loading=\"lazy\" decoding=\"async\" width=\"1210\" height=\"902\" src=\"https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/Screenshot-2024-09-18-113748.png\" class=\"attachment- size-\" alt=\"\" srcset=\"https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/Screenshot-2024-09-18-113748.png 1210w, https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/Screenshot-2024-09-18-113748-300x224.png 300w, https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/Screenshot-2024-09-18-113748-1024x763.png 1024w, https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/Screenshot-2024-09-18-113748-768x573.png 768w\" sizes=\"auto, (max-width: 1210px) 100vw, 1210px\" \/>        <\/div>\n    <\/section>\n\n<script>window.dispatchEvent( new Event('acf\/loaded\/hero-breadcrumbs-background'));<\/script>\n\n\n    <section id=\"two-column-content-block_aa0fc5f555272a8d40adc63fac835c57\" class=\"two-column-content js-two-column-content container-spacing-y-medium\">\n        <div class=\"two-column-content-wrapper container\">\n            <h2 class=\"two-column-content__sub-title js-fade-in\">ABOUT THE SERVICE <\/h2>\n            <div class=\"row\">\n                <div class=\"col col-12 col-lg-6 col-left js-fade-in\">\n                    <div class=\"col-wrapper\">\n                        <h4><span class=\"TextRun SCXW228117168 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW228117168 BCX0\">AUDIT OF FINANCIAL STATEMENTS<\/span><\/span><span class=\"EOP SCXW228117168 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/h4>\n<p><span class=\"TextRun SCXW47381235 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW47381235 BCX0\">We perform independent audits of financial statements, providing comprehensive information about your company, regardless of the size, area of operation or location thereof.<\/span><\/span><span class=\"EOP SCXW47381235 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span class=\"TextRun SCXW4580065 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW4580065 BCX0\">An audit report prepared in high-quality may <\/span><span class=\"NormalTextRun SCXW4580065 BCX0\">provide<\/span><span class=\"NormalTextRun SCXW4580065 BCX0\"> an in-depth insight into the financial results of organization to the board, audit committee and investors. Within the framework of our practice, we inform the management during the final interview on the non-compliances <\/span><span class=\"NormalTextRun SCXW4580065 BCX0\">established<\/span><span class=\"NormalTextRun SCXW4580065 BCX0\"> during the audit of financial statements of the company and offer possibilities for improvement.<\/span><\/span><span class=\"EOP SCXW4580065 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span class=\"TextRun SCXW58848588 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW58848588 BCX0\">Our opinion is based on the principles of 5 \u201cC\u201d:<\/span><\/span><span class=\"EOP SCXW58848588 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ul>\n<li><span data-contrast=\"auto\">Condition: What is the object to be examined?<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Criteria: What the organization has or has not fulfilled? This can be an incorrect statement as well as a violation of regulatory enactments.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Cause: What reason: Who has caused the issue?<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Consequence: What is the result of the findings of the auditor?<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Corrective action: How the organization should minimize the issue?<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n                    <\/div>\n                <\/div>\n                <div class=\"col col-12 col-lg-6 col-right js-fade-in\">\n                    <div class=\"col-wrapper\">\n                        <h4><span class=\"TextRun SCXW76503070 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW76503070 BCX0\">AUDITS OF SPECIAL TARGETS<\/span><\/span><span class=\"EOP SCXW76503070 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/h4>\n<h5><span class=\"TextRun SCXW32062722 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW32062722 BCX0\">Financial investigation<\/span><\/span><span class=\"EOP SCXW32062722 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/h5>\n<p><span class=\"TextRun SCXW35049309 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW35049309 BCX0\">Financial investigation (forensic investigation) is one of the means available to shareholders and companies how to approve or exclude suspicions arising on <\/span><span class=\"NormalTextRun SCXW35049309 BCX0\">possible fraud<\/span><span class=\"NormalTextRun SCXW35049309 BCX0\"> or misappropriation. If the suspicions made are approved, the second &#8211; but not less important &#8211; task of the forensic investigation is to collect evidence and perform calculation of losses caused.<\/span><\/span><span class=\"EOP SCXW35049309 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span class=\"TextRun SCXW214927233 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW214927233 BCX0\">Forensic investigation is usually a voluntary initiative, however there may also be cases when the person directing the criminal proceedings may impose such an obligation.<\/span><\/span><span class=\"EOP SCXW214927233 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span class=\"TextRun SCXW135406987 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW135406987 BCX0\">In any case, independent forensic investigation is the best and safest way to reduce disagreements and promote mutual trust between beneficial owners, <\/span><span class=\"NormalTextRun SCXW135406987 BCX0\">management<\/span><span class=\"NormalTextRun SCXW135406987 BCX0\"> and employees of the company.<\/span><\/span><span class=\"EOP SCXW135406987 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"TextRun SCXW214947649 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW214947649 BCX0\">REPRESENTATIONS<\/span><\/span><span class=\"EOP SCXW214947649 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/h4>\n<p><span class=\"TextRun SCXW206258196 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW206258196 BCX0\">We provide representations on independent examination for submission to regulators, credit institutions, <\/span><span class=\"NormalTextRun SCXW206258196 BCX0\">investors<\/span><span class=\"NormalTextRun SCXW206258196 BCX0\"> or management of the company for prevention of errors and risks of non-compliance.<\/span><\/span><span class=\"EOP SCXW206258196 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n                                            <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>\n\n<script>window.dispatchEvent( new Event('acf\/loaded\/two-column-content'));<\/script>\n\n\n    <section id=\"image-and-content-block_30fec62fcd97944158f40b0f6795c966\" class=\"image-and-content js-image-and-content\">\n        <div class=\"image-and-content-wrapper container\">\n            <div class=\"row\">\n                <div class=\"col col-12 col-md-6 col-md-auto col-left\">\n                    <div class=\"col-wrapper\">\n                        <div class=\"image-and-content__img-container\">\n                            <div class=\"image-and-content__img-wrapper js-img-reveal\">\n                                <img loading=\"lazy\" decoding=\"async\" width=\"2400\" height=\"2399\" src=\"https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/viswanath-v-pai-Bq142Vzfxzg-unsplash.jpg\" class=\"image-and-content__img\" alt=\"\" srcset=\"https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/viswanath-v-pai-Bq142Vzfxzg-unsplash.jpg 2400w, https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/viswanath-v-pai-Bq142Vzfxzg-unsplash-300x300.jpg 300w, https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/viswanath-v-pai-Bq142Vzfxzg-unsplash-1024x1024.jpg 1024w, https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/viswanath-v-pai-Bq142Vzfxzg-unsplash-150x150.jpg 150w, https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/viswanath-v-pai-Bq142Vzfxzg-unsplash-768x768.jpg 768w, https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/viswanath-v-pai-Bq142Vzfxzg-unsplash-1536x1536.jpg 1536w, https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/viswanath-v-pai-Bq142Vzfxzg-unsplash-2048x2048.jpg 2048w, https:\/\/corvusfirm.com\/wp-content\/uploads\/2023\/09\/viswanath-v-pai-Bq142Vzfxzg-unsplash-1080x1080.jpg 1080w\" sizes=\"auto, (max-width: 2400px) 100vw, 2400px\" \/>                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n                <div class=\"col col-12 col-md-6 col-md-auto col-right\">\n                    <div class=\"col-wrapper\">\n                                                                            <div class=\"image-and-content__content js-fade-in\">\n                                <h4><span class=\"TextRun SCXW244974430 BCX0\" lang=\"EN-GB\" xml:lang=\"EN-GB\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW244974430 BCX0\">The auditor\u2019s team in cooperation with lawyers is actively involved in all stages of the transaction.<\/span><\/span><span class=\"EOP SCXW244974430 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/h4>\n<h4><span class=\"NormalTextRun SCXW32027072 BCX0\">We ensure that private investors, <\/span><span class=\"NormalTextRun SCXW32027072 BCX0\">funds<\/span><span class=\"NormalTextRun SCXW32027072 BCX0\"> and companies would have a full view of the funds of the subject of the transaction and their asset value.<\/span><\/h4>\n                            <\/div>\n                                                                                            <\/div>\n                <\/div>\n                            <\/div>\n    <\/section>\n\n<script>window.dispatchEvent( new Event('acf\/loaded\/image-and-content'));<\/script>\n\n\n    <section id=\"separator-block_aa52685d20e63f8f6921d6956356dfc1\" class=\"separator js-fade-in js-separator container container-spacing-y-medium\">\n        <hr>\n    <\/section>\n\n<script>window.dispatchEvent( new Event('acf\/loaded\/separator'));<\/script>\n\n\n    <section id=\"cta-section-block_774452c73d2b2df8efa50f7fb0068547\" class=\"cta-section js-cta-section container-spacing-y-large\">\n        <div 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Event('acf\/loaded\/page-links'));<\/script>","protected":false},"excerpt":{"rendered":"","protected":false},"parent":12010,"menu_order":53,"template":"","class_list":["post-12049","specialization","type-specialization","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/corvusfirm.com\/en\/wp-json\/wp\/v2\/specialization\/12049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corvusfirm.com\/en\/wp-json\/wp\/v2\/specialization"}],"about":[{"href":"https:\/\/corvusfirm.com\/en\/wp-json\/wp\/v2\/types\/specialization"}],"version-history":[{"count":19,"href":"https:\/\/corvusfirm.com\/en\/wp-json\/wp\/v2\/specialization\/12049\/revisions"}],"predecessor-version":[{"id":16064,"href":"https:\/\/corvusfirm.com\/en\/wp-json\/wp\/v2\/specialization\/12049\/revisions\/16064"}],"up":[{"embeddable":true,"href":"https:\/\/corvusfirm.com\/en\/wp-json\/wp\/v2\/specialization\/12010"}],"wp:attachment":[{"href":"https:\/\/corvusfirm.com\/en\/wp-json\/wp\/v2\/media?parent=12049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}