Our professionals in this area are characterized by the ability to provide integrated services within the scope of the audit, which extends the benefits given to the client beyond the traditional audit.
Experts in this type of service for more than 25 years, our seal is based on the guarantee of proportion of quality, professionalism and experience that helps the client to improve the quality of its business through the integration within the audit of Assurance services.
As indicated, integrated with the traditional audit services, we provide all those related to financial reports in general regarding PGC, IFRS, US GAAP, as well as assistance in the process of stock market listings, national and international securities issues…
Our main objective in the field of audit and assurance is to provide value and guarantee to the client, creating confidence.
Audit of annual accounts
The Audit & Assurance service line is part of the Audit, Risks and Transactions division which includes the services provided in the area of Assurance & Advisory, Corporate Advisory and Risks.
Our experts ensure the review and verification of the annual accounts, as well as other financial statements or accounting documents, prepared in accordance with the regulatory framework, providing a more accurate internal knowledge of your business (financial, equity and economic situation).
Audit of consolidated accounts
Our team will be responsible for reviewing and verifying the consolidated financial statements, prepared in accordance with the applicable financial reporting framework, our auditors will review the parent company when, for two consecutive financial years, it meets at least two of the circumstances required of them.
Audit of Financial Statements
Our experts will verify the financial statements under a clear business oriented approach, having a global presence and offering our services wherever your economic activity takes place.
Limited reviews and agreed procedures
Our experts, based on their review of the financial statements, will reach a conclusion or opinion that will provide limited assurance regarding the financial statements, generally speaking, on the internal control and accounting systems. This will be done by asking a series of questions to the personnel responsible for financial and accounting matters and by performing certain analytical procedures and other review tests.
Our clients may also agree to apply certain procedures, in which they will obtain their own conclusions in the light of the objective findings on which they will be informed by our experts.
Internal audit
We provide a specific review and evaluation of internal control, allowing our clients to optimize their processes and achieve higher levels of efficiency by reducing the risk of errors and irregularities, through the information that our experts will provide about the operation of your business.
Management audit
We examine in detail each operational aspect of your company considering aspects such as the achievement of institutional objectives, organizational structure, individual participation of each employee, verification of compliance with general and specific regulations, evaluation of efficiency, measurement of the degree of reliability of financial information and attention to the existence of ineffective or more costly procedures.
Audit Committee
In performing these functions, we maintain an effective working relationship with the company’s management to develop the audit plan and review the auditors’ recommendations on internal controls and the accuracy and completeness of the financial and accounting statements.
Due Diligence
Legal Due Diligence is defined as the process of investigation and collection of information carried out by the potential buyer or investor of a company, after initiating the first negotiations, to determine the real risks that the company has and to analyse the reality of its economic and financial situation.
The purpose of this process is to minimise the risk involved in a transaction by carrying out a detailed and independent analysis of the firm’s various business areas. In order to proceed with this, the express consent of the seller must be obtained and it must be carried out in the shortest possible time and trying not to interrupt the own activity of the company in question.
Legal Due Diligence is useful to be able to appreciate possible hidden liabilities in the business, review contingencies that may have occurred, identify synergies that may be developed and plan an appropriate strategy aimed at achieving the greatest possible economic benefit after the corporate acquisition, if any. In fact, if new or hidden aspects were found, it would be necessary to resume negotiations in order to limit the transaction to the new appreciated reality.
At MGI we carry out complete or specific audits of financial statements for the purchase or sale of companies or investments in them.
Special reports
As expert auditors, from the department are made according to customer needs different special reports, among which are reports of capital increase, capital reduction…
