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What Is an Audit for My Estonian Company?

An audit for your Estonian company is a systematic review and evaluation of your company's financial statements and records. Conducted by an independent certified auditor, the purpose of an audit is to ensure that your company's financial records are a fair and accurate representation of the transactions they claim to represent.

This process involves the examination of various financial documents and may include physical verification of assets and internal controls.

In Estonia, an audit is not only a tool for ensuring transparency and accountability but also a legal requirement for certain businesses, based on specific criteria such as company size, turnover, and the nature of business activities.

The audit aims to provide assurance to shareholders, creditors, and other stakeholders that the company's financial health is reported accurately.

Updated on: 10/03/2024

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