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Audit
We regard ourselves not only as a mandatory supervisory body. On the contrary, for our clients we act more as partners, using the knowledge acquired during our audit work constructively to the benefit of our customers. Experience in due diligence investigations and in auditing internal control systems and IT audits complete the spectrum in this area.
CONFIDA has an experienced and, due to their long-established company affiliation, well-rehearsed team. Thus, audits are performed efficiently and with the right focus.
Due to combined experience, the team could acquire a deep knowledge of the industry in all sectors of the economy.
To meet the high quality requirements and in order to ensure continuous improvement, the company has been certified as one of the first in Austria under the final Audit Quality Assurance Act (A-QSG).
The demands on the governing bodies (Board of Directors) and the supervisory bodies (in particular, the Supervisory Board) have increased significantly in recent years. Caused by ever more accounting scandals and a rise in economic crime (corruption, embezzlement, false accounting, etc.), the legislature tries to hold accountable those who are responsible for the fortunes of a company. National and international developments show that the process of protecting investors and creditors will continue.
To meet these high standards, a reliable and experienced partner is indispensable. Therefore, we believe that a timely and open dialogue among management, board and auditor guarantees a functioning corporate governance.
According to the principle “There should be a fire extinguisher in place before the fire starts“ we are available to answer your complex questions - in context with accounting issues, management decisions, risk-bearing business units.
Our audit work focuses on auditing companies according to international standards (ISA) and applicable Austrian law. Because of the membership in the international network INAA (www.inaa.org) it is possible to handle international auditing mandates efficiently and professionally. Therefore we serve both national and international clients.
Our services focus on:
- Mandatory and voluntary annual audits of individual and consolidated financial statements according to both Austrian and international accounting standards
- Audit and review of reporting packages
- Bank audits under Austrian Banking Law
- Audits under Austrian Securities Supervision Act
