“Statutory audits are a fundamental pillar of the relationship between a business and social and economic life. The published annual financial statements and the accompanying auditors report provide a basis for trust by suppliers, government, credit and insurance companies and even unknown third parties, to which an auditors report makes a valuable contribution.
The outcome of a statutory audit has more than just an external effect. A thorough analysis of the risks taken by a business entity in the course of its business operations can make a positive contribution to the value development of that entity.
It is important to forecast such risks in case of future investments but it is equally important to evaluate in retrospect, the risks already incurred.
Risk management, at both strategic and operational levels is the central theme in the statutory audits performed by IUS. It is beyond dispute that as far as statutory audit regulations are concerned IUS more than holds its own.”
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