Audit & Assurance
We strive to deliver high quality audit services, which add value to your business. Through robust audit tools, in-depth knowledge of our client’s activities together with the experience and know-how of our people, Nexia AL delivers high quality audit services, adhering to the highest standards of independence, ethics, professional objectivity while applying technical excellence.
Our greatest strength lies in our people and their commitment to exceed our clients’ expectations. We have invested substantial resources in training and recruiting quality talent. A formal system of mentorship, development and performance evaluation is in place to recognize, reward and guide our staff throughout their careers at Nexia AL. Our partners and managers are qualified, certified accountants and members of IEKA and ACCA with practicing certificates to perform statutory audits.
An audit provides credibility to your business, enhancing confidence and trust as well as reinforcing the attributes of integrity and reliability of the business’s management team. Our performance is continuously assessed through both the Nexia International Quality Assurance Program, as well as by the local supervisory authorities including the Public Oversight Board of Albania and the Institute of Authorized Chartered Accountants of Albania (IEKA).
Our Audit & Assurance services comprise of statutory and regulatory audit services, including statutory audits, agreed upon procedures, share capital transactions, information systems review, and other assurance services. We are licensed by the Institute of Authorized Chartered Accountants in Albania (IEKA) to carry out statutory audits of financial statements as and when required by the local legislation or on a voluntary request. The high level of partner and managers involvement in our services results in building relationships, which you can depend on for your audit and business needs.
For companies which do not require a statutory audit in terms of the local legislation and requirements, the decision between a voluntary audit and independent review is an important one with many far-reaching consequences. Our partners are available to discuss the decision with you in detail and provide you with information regarding the costs versus the benefits of each.
We utilize a risk-based audit methodology that requires a thorough understanding of our clients’ organisation, its goals and objectives, key business risks, operations and financial processes. This understanding not only provides the foundation for highly effective assurance services, but also gives us insights which we use to provide our clients further value.
The IFRS continue to present significant challenges in preparing and using financial statements. Our partner and managers’ expertise and experience in applying the standards enables clients to enjoy seamless and stress-free delivery.
Our Audit & Assurance services include the following: