Audit | Deloitte Romania and Moldova | Regulatory has been added to your bookmarks.
We provide clients with professional advice and assurance on their controls and accounting systems all year round. We understand our clients' operations, their industry and the issues they face, and this enables us to provide them with relevant advice.
The combination of our specialist skills, industry expertise and ongoing investment allows us to anticipate complex business problems for our clients and recommend preventative action.
Start-up audit readiness
Procedures dedicated for start-ups and small companies, privately owned or international subsidiaries not subject to audit. Procedures will include discussion with the management about the current process and identification of risks / complex areas, proceeding with fieldwork, preparation of recommendation and cooperation with management on implementation of the action plan.
IT System – statutory compliance check
According to accounting and tax regulations the accounting system has to meet specific requirements. We verify the compliance and provide support in resolving the fiscal and financial reporting matters. We verify whether accounting system fulfills the requirements of the statutory accounting requirements.
Report on compliance with post-privatization obligations
When the sale of company owned by the Government takes place, sometimes there is a requirement for the purchaser to comply with several post-privatization obligations (e.g., certain level of capital investments, etc.). We verify the company/shareholders’ compliance with such an obligations and report on it.
- Preparation of an assurance report to banks confirming the fulfillment of the requirements related to bank financial covenants. Such confirmation of meeting loan covenants is contained in loan agreements.
- Developing a model for the calculation and simulation meeting bank loan covenants.
Reports for the lenders
We support management to timely prepare the various reports and information required by the lenders (e.g., forecasts, budgets, interim financials, etc.)