Audit for a Strong Business Basis

Drive your business towards business success while ensuring that all financial transactions and data are transparent and properly documented. Our auditors will be strategic partners to your business.

What can we help you with?

Select and click on the service that suits you best, where you will find more information. You can easily contact us on the service page you have selected and our dedicated account manager will contact you within 24 hours for a free consultation.

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Personal and active communication with our clients is key to us: during the audit of their annual accounts, we strive to provide useful and practical information that will help our clients feel secure and our advice to be successful in the future.

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Ensure a high level of accounting and financial transparency in the transformation of your company. Find out how we can help you professionally address the audit challenges you face during a corporate transformation.

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Do you operate several subsidiaries? You need a reliable audit team to guarantee the accuracy and completeness of your consolidated accounts.

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Ensure accounting compliance with financial rules and efficient use of EU funds. Find out how our audit can help your company meet the requirements of the grant application.

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When your company is transitioning to a foreign currency, let us handle the audit to ensure a smooth transition and compliance.

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Do you need an accurate and reliable balance sheet for your company? Our team of expert accountants will help you prepare a draft and final version of the balance sheet.

Is industry knowledge in the field of taxation important to you?

Industry knowledge plays a very important role in ensuring that the firm providing the audit service knows what the Client needs! You can rely on the professional knowledge and industry experience of the experts at International Consulting Team Audit Ltd. to help you make the right decisions.

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Construction industry

In the construction industry, auditing is essential for the efficiency and transparency of project management. Accurate budget and financial statements help construction companies to keep track of project costs and profitability. In addition, monitoring contracts and subcontractor payments is also key to avoid disputes and delays.

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Production, manufacturing, processing

The production and manufacturing industries also attach great importance to auditing. Accurate monitoring of costs, revenues and resources in manufacturing processes is vital to increase operational efficiency and reduce costs. Accurate auditing helps companies optimise purchasing and production processes and provides management with reliable data to make strategic decisions.

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Service

The importance of auditing in the services industry lies in ensuring financial integrity and transparency. In healthcare, IT and consulting services, for example, it is crucial to ensure data protection and client confidence. It is also important for service providers to comply with regulatory requirements and ensure accurate financial statements.

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E-commerce

The e-commerce industry is growing dynamically and auditing is particularly important here. Online trading platforms must strictly comply with tax and consumer protection regulations and ensure the security of customers' financial data. Accurate auditing and regular checks help e-commerce businesses to meet these requirements and build trust with their customers.

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FAQ

Frequently Asked Questions

The purpose of an audit is to provide independent, peer-assured assurance on the company's financial statements. This ensures accuracy, transparency and legal compliance, which is essential to maintain the confidence of investors, partners and authorities.

An audit is usually required when required by law, or when the size, activity or investor needs of the company warrant it. In addition, it is recommended that regular audits are carried out to ensure the effectiveness of financial processes and internal controls.

If the net turnover of the enterprise exceeded HUF 300 million on average in the two preceding business years, or the number of employees exceeded 50 persons on average in the two preceding years.

First, there is the agreement between the company and the auditor. Then, the company's general meeting elects the auditor as its auditor. Afterwards, the auditor issues a declaration of acceptance, which can be used to start the registration of the change at the Companies Registry. The audit engagement contract is then signed by the parties. After these steps, we start working together, with an opening meeting to discuss the company's expectations, specialities and the audit process.

A professional audit not only ensures legal compliance, but also helps to optimise financial processes, minimise risks and increase confidence in the company among investors and partners.6. The auditor can be appointed for a minimum of 1 year and a maximum of 5 years. The term of appointment may be extended thereafter.