Work assigned by legislation to accounts auditors: audit of annual accounts and other financial statements or accounting documents, specific work related to the audit of annual accounts and audit work of specific accounts required by commercial legislation.
Audit At FORNES & SALAS we are specialists in work assigned by legislation to auditors
Work that consists of verifying and deciding whether the annual accounts or other financial statements or accounting documents express the true picture in accordance with the regulatory framework of financial information that is applicable:
- Audit of individual annual accounts
- Audit of consolidated annual accounts
- Audit of other financial statements or accounting documents
related to auditing
Complementary works to the audit of annual accounts that contribute to the best exercise of the functions of supervision and control when, by provisions with the rank of law, powers of control or inspection are attributed to public bodies or institutions over entities that undergo audit of accounts.
For these purposes, the auditors must prepare a special and complementary report to the audit of the annual accounts, which must be carried out within the scope of the aforementioned audit and the preparation of which must be subject, in each case, to the corresponding technical audit standard.
Audit work on specific accounts required by commercial legislation:
- Capital increase charged to reserves
- Capital increase due to compensation of credits