What does an accounting examination help to establish?

[sadiksojib35]

The main objective of an accounting examination is to establish the real financial position of an organization. Based on its results, it should be clear whether the transactions carried out are correctly reflected in the reporting and whether the accounting at the enterprise is correctly maintained.

Depending on the goals set, the following luxembourg telegram number database circumstances can be established with the help of the study:

unjustified understatement of the tax base;
theft of funds by financially responsible persons;
misuse of existing assets;
embezzlement and deliberate bankruptcy;
cashing out funds;
other unlawful conduct of the organization.
It should be noted that forensic accounting expertise is designed to examine an object from a practical point of view. This is necessary so that the interested party (court, investigative bodies, counterparty) can correctly assess the circumstances from the position of special accounting, economic and financial knowledge.

On the topic: Increased contributions and new reports: what entrepreneurs will face in 2024