The timing of an audit is to be agreed between an audit firm and the client, depending on the size of the company and on the complexity of its transactions. The deadline for a mandatory audit of an annual report is 6 months after the end of the company’s financial year.
Services Magrat
Audit
Audit for your company in Estonia. Audit by a sworn auditor not only helps a company stay compliant but also adds transparency and reliability in the eyes of banks and business partners.
- voluntary audit for any company or mandatory audit for companies, in whose annual financial statements at least two of the indicators exceed the following values:
- Revenue more than 12 000 000 EUR
- Total assets as at balance sheet date: 6 000 000 EUR
- Average number of employees – 180
- or at least one of the indicators exceeds the following value:
- Revenue more than 4 000 000 EUR
- Total assets as at balance sheet date: 2 000 000 EUR
- Average number of employees – 50
independent auditor’s report stating whether the financial statements fairly present the company’s financial position and the results of its operations
audit is performed in accordance with the Estonian Financial Reporting Standards or International Financial Reporting Standards
Timing
The timing of an audit is to be agreed between an audit firm and the client, depending on the size of the company and on the complexity of its transactions. The deadline for a mandatory audit of an annual report is 6 months after the end of the company’s financial year.
Included
- voluntary audit for any company or mandatory audit for companies, in whose annual financial statements at least two of the indicators exceed the following values:
- Revenue more than 12 000 000 EUR
- Total assets as at balance sheet date: 6 000 000 EUR
- Average number of employees – 180
- or at least one of the indicators exceeds the following value:
- Revenue more than 4 000 000 EUR
- Total assets as at balance sheet date: 2 000 000 EUR
- Average number of employees – 50
independent auditor’s report stating whether the financial statements fairly present the company’s financial position and the results of its operations
audit is performed in accordance with the Estonian Financial Reporting Standards or International Financial Reporting Standards
Related products
Preparation of audit-file
Information and documents are necessary for the audit. Magrat will provide the auditor with compiled information and documents necessary...
€ 900
Add to request
Annual report according to IFRS
Annual report of Estonian company according to IFRS. International Financial Reporting Standards (IFRS) add an international dimension to your...
€ 1,200
Add to request
Statistical Reports
Mandatory reports for the Estonian Statistics Board and Bank of Estonia. Keep your company compliant by timely submitting statistical...
€ 200
Add to request
Annual report, micro enterprise
Annual report of the Estonian company. We will help keep your micro company in good standing by timely filing...
€ 170
Add to request