Audit and Assurance

We make it our business to understand yours

We see our annual audits and our assurance engagements as an opportunity to provide you with far more than statutory compliance. Our experts offer advice based on a wealth of experience from dealing with a wide variety of clients of varying size and complexity, covering a range of activities and objectives.

As with all of our clients, our partner-led team will be committed to providing you with sound commercial advice for any strategic ideas you might have, or any problems you may be experiencing. We will make it our business to understand yours, advising you and making recommendations regarding the development of your business.

Tailoring to your needs

We understand that every business is unique and we tailor the services we provide according to the size and nature of your business. This allows us to gain an insight into how your business works and enables us to provide sound advice based on detailed knowledge which can assist in developing the future strategy for your business. Our highly experienced audit teams strive not only to highlight areas of opportunity, but also to identify practical solutions to latent challenges within your business, ultimately helping you to reduce risk and protect your business.

We aim to avoid surprises by anticipating matters which may present difficulties, and by working with you and the entire team to overcome any problems, as far as practicable, as they are established. Identifying these areas of concern can not only improve your efficiency, but also provide you with essential knowledge upon which to base your future business decisions.

How we can help you

We are able to assist you with a full range of audit and assurance matters, including:

Audit services specified by law and regulations

  • Statutory financial statements (IFRS, Greek GAAP, US GAAP)
  • Consolidated financial statements
  • Interim financial statements
  • Financial audits for listing in the Athens Stock Exchange

Other types of audit and assurance

  • Agreed-upon procedures relating to financial information (ISRE 4400)
  • Review of interim financial statements
  • Combination of financial information and financial studies
  • Other assurance services and certifications

Reliability Checks

Our office has executed as a subcontractor a large number of special programs of the European Union such as:

  • Special Accounts for Research Funds
  • Resources for the allocation of Community and National Grants

We provide audit and assurance services that cover important sectors of the Greek Economy, such as: Banks and Financial Institutions, Retail, Tourism, Insurances, Transportation, Shipping, Life science, State-run organizations such as Municipalities and Hospitals as well as Organizations for the promotion of culture and arts.

Tax Audit

UHY Axon Certified Auditors, as Chartered Accountants and Advisory firm, renders special tax audit services for the issuance of Tax Compliance Report.

Tax audit, according to article 65A of law 4174/2013 refers to public limited companies, limited liability companies and branches of foreign companies whose financial statements are audited, under general or specific provisions of existing legislation, by statutory auditors and audit firms are registered in the public register of L.3693 / 2008 (F.E.K.174A’).

Our audit is conducted in accordance with the provisions of International Standard on Assurance Engagements (ISAE) 3000, “Assurance Engagements Other Than Audits or Reviews of Historical Financial Information” and the effective legislation.

Regarding the rendered service, it is to be noted that we comply with ethical requirements and design and perform the engagement in order to obtain assurance on the subject matters under consideration in all material respects.

Our approach

Our approach has a real emphasis on proactive communication, and we endeavor to keep your key stakeholders fully engaged with every step of the audit process, including their obligations and the timing of each stage. Through maintaining this regular communication with you, we can gain a true understanding of your goals and aspirations and the timescale set for achieving your desired outcomes.

With this knowledge we will be in a position to provide you with relevant and timely advice on the business issues and decisions you face. Key outputs are produced to assist our two-way communication throughout the audit process, including relevant updates on reporting requirements and legislative changes that impact directly on your financial statements.

At the conclusion of our audit work, we provide you with a report covering pertinent issues which have come to our attention during the course of our work. Where there may be scope to improve the effectiveness of the accounting procedures and controls, to improve the quality of financial reporting, or to save you costs we will discuss this with you to check the factual accuracy and the practicality of our recommendations.