Audit
Statutory, compliance, and operational audits performed by a licensed audit practice — member of the Chamber of Auditors of the Republic of Azerbaijan.
Our audit practice issues independent opinions on financial statements, legal compliance, and the health of business operations.
The work is licensed by the Chamber of Auditors (licence № AT/290) and performed by our own team under the International Standards on Auditing (ISA), with IFRS as the financial reporting framework. Independence is the product: an opinion only matters because the firm signing it has nothing to gain from the answer, which is why we never audit accounting records we keep ourselves. Three different questions call for three different audits: does the law require an annual audit of you (statutory audit), does your practice follow the rules that apply (compliance audit), or how does the business actually run and where are money and control leaking away (business activity audit)? We work across legal forms, from joint-stock companies and LLCs to banks and donor-funded organisations. Every audit ends with a signed opinion and a written management letter setting out the findings and the control weaknesses behind them.
Built for
situations like yours.
- Joint-stock companies, banks and LLCs
- The law requires an annual statutory audit from you.
- Owners seeking credit or investment
- Banks and investors want audited statements.
- Companies bidding in tenders and procurement
- The committee makes a signed auditor’s opinion a condition.
- Management wanting internal control tested
- The system exists on paper — but does it work in practice?
If one of these sounds familiar, it is worth a conversation.
Get in touch Which one do
you need?
- Does the law, a bank or a tender require audited statements? You need a signed independent auditor’s opinion. The service Statutory Audit
- Do you have to prove you actually follow the rules? We test practice against the law, the contract, or your own policy. The service Compliance Audit
- Turnover is there, but where is the margin going? We show where the money and the control leak, in figures. The service Business Activity Audit
Not sure which applies? Describe the situation and we will say which one it is.
Get in touchWhy this practice, in three.
The whole value of an audit opinion lies in the independence of the party signing it.
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The licence number is public: № AT/290.
The licence of the Chamber of Auditors of the Republic of Azerbaijan is valid until 17.01.2029 and the firm is a member of the Chamber. The document itself is published on our About page — a bank or a tender committee looks at that before it reads a word of the opinion.
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We never audit books we keep ourselves.
If your accounting is with us, the audit has to come from another firm. We hold that line even at the cost of losing a client, because an opinion that breaks it once devalues every other opinion we sign.
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The deadline is an obligation in the engagement letter, not an aspiration.
A mid-sized company’s audit runs two to six weeks, and the work is planned around your reporting calendar. Findings are discussed as they surface: you will never learn of one from the final report.
Asked &
answered.
Don't see your question? Ask us directly — we reply the same day.
Get in touchYes — the practice operates under licence № AT/290 issued by the Chamber of Auditors of the Republic of Azerbaijan, valid through 17.01.2029, and the firm is a member of the Chamber. The licence is published on our About page.
A typical statutory audit of a mid-sized company runs two to six weeks from planning to signed opinion, depending on the state of the records and the cooperation of the finance team. We commit to dates in the engagement letter.
No — independence rules prohibit auditing books we keep ourselves, and we observe that strictly. If we run your accounting, the audit must come from another firm; we will prepare the records so it goes smoothly.
Four: unqualified (the statements are correct), qualified (correct except for specific matters), adverse (the statements do not present fairly), and a disclaimer (insufficient evidence could be gathered). This is the first thing a bank, an investor or a tender committee looks at.
Under the International Standards on Auditing (ISA), with IFRS as the financial reporting framework. Where these do not line up with local requirements we say so in advance, so the opinion is legible to both sides.
By the size of the entity, the number of transactions and the state of the records. After a short scoping review we quote a fixed price rather than an hourly rate.
Confidentiality is one of the written commitments in our quality policy. Nothing we see during an audit is disclosed to a third party without your consent.
The rest of
what we do.
- Accounting & Tax Books kept clean, tax positions defended — month after month.
- ISO Certification Accredited certification across eight ISO standards — verifiable by anyone, any time.
- Valuation Values that hold up in front of banks, courts, and buyers.
- Business Support The operational back office — HR, tenders, customs, state bodies, legal.
- Legal Advisory From the contract to the dispute: counsel that sees the tax and financial context.
Describe your situation in a sentence or two — a named specialist gives you a clear answer the same working day. Call, WhatsApp or the short form, whichever suits you.