Limited reviews

However, it is not always necessary to proceed in such detail. In many cases – typically in what concerns smaller companies and those with a simple ownership structure - it is better to perform a limited review of the financial statements. A limited review of the financial statements provides less assurance on the accuracy and the completeness of the information contained in the financial statements than an audit.

In many cases, however, such a limited review represents a perfectly adequate and fully sufficient degree of assurance. In performing a limited review of the financial statements, our auditors, in accordance with the International Standard on Review Engagements (ISRE), focus primarily on analytical tests, looking at the interrelationship between revenues and costs, etc.

If you decide to have us perform a limited review of your financial statements, you will still receive a written, independent and professional opinion from our auditors based on verification procedures in accordance with international standards on the accuracy and the completeness of the information contained in your financial statements. A limited review can be quicker than an audit and is less costly.