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Audit

Though during time a lot of business rules have changed, the basis has remained the same. Meeting investor expectations begins with the completeness, accuracy and fair presentation of information in your financial statements and disclosures.

The audit is key to sustaining confidence in both your company and the financial system at large.

 Trust Audit approach is based on a consistent methodology developed to comply with International Standards on Auditing. It is built on the basis of core principles relating to professional integrity, independence and ethical behavior with which all partners and staff must comply.

Within our company we have robust audit tools, resources and procedures to provide the means for our professionals to deliver high-quality audit services. We provide these services on the basis of core principles related to professional integrity, independence and individual approach. The above mentioned approach to audit helps our clients overcome any complex situation. Our approach is based on understanding the business of the customer and its unique management style.

That’s because we approach your audit with a deep and broad understanding of your business, the industry in which you operate, and the latest regulatory standards. We consider the risks your company faces, the way management controls these risks and the transparency of your company's reporting.

Our commitment to delivering high-quality assurance services is at the heart of what we do. We provide comprehensive audit and assurance services designed to deliver real value.


The audit services provided by Trust Audit are the following:
- Audit of annual financial statements
- Audit of interim financial statements
- General or thematic audit
- Audit-related service- review of financial statements, agreed upon procedures, compilation
- Audit of grant programs
- Internal audit services

Certificate

Duuring September-October 2013 the Association of Accountants and Auditors of Armenia(AAAA) implemented the monitoring of audit quality (MAQ) for audit companies,according to the principles and procedures defined by the Board of AAAA. The mainpurpose of MAQ is to raise the quality of audit in the Republic of Armenia and to increasetrust among the wide range of community.
A number of audit companies acting in the Republic of Armenia took part in the MAQvoluntarily, which was performed by the Inspection group, chosen by AAAA. TheInternational Federation of Accountants (IFAC) appointed an international expert PaulHarrison (United Kingdom) as a Head of the Group, who is a skilled auditor and has anexperience of performing such kind of tasks in various countries.
Trust Audit CJSC also took part in the monitoring of audit quality and received acertificate with positive assessment, showing the efficiency of Company’s internalcontrol system and high quality of provided services.

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Specific legislation

  • RA law on Audit Activity
  • RA law on Accounting
  • RA Law on combating money laundering and terrorism financing

Standards

  • International standards on auditing and quality control
  • International financial reporting Standards (IFRSs)
  • International accounting standards
  • Interpretations developed by the international Financial reporting Interpretations committee (IFRIC)

Tax legislation

  • RA law on Taxes
  • RA law on VAT
  • RA law on Profit Tax
  • RA law on Income Tax
  • RA law on Excise Tax
© 2024 TRUST AUDIT CJSC.
All rights reserved.

Contact Us Tel: +(374) 10 51-61-11, Mobile: +(374) 96 52-50-84, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
321 office, 8 street Tumanyan, 0001 Yerevan, RA