Financial Reporting
Financial reports
We prepare the information you need to decide better
Having reliable financial information is key for any business, especially when you do not have a specialised team. Having a clear vision of your accounts helps you make better decisions, detect errors in time, anticipate possible problems and transmit greater confidence to partners, investors, financial entities or future collaborators. Furthermore, well-prepared financial reports allow you to better understand the real situation of your company and move forward with greater security.
At Afianza Avant we review and analyse your financial information so that you can trust the data with which you manage your business. We adapt each job to the specific needs of your company, we evaluate both the information and the processes that generate it and identify possible risks or areas for improvement before they become a problem. Our goal is to help you have clear, consistent and useful information for decision making.
—Services
Our Financial Review and Reporting services
Everything documented, everything under control.
Limited review of financial statements and interim financial information
We analyse your financial statements using specific review procedures that allow us to offer you an independent evaluation without reaching the level of a full audit. It is a particularly useful option when you need an external assessment with a tighter scope.
RIF: review of financial information
We review financial statements, accounting closings, specific areas of the business or information prepared for management or third parties. This service allows you to know to what extent the information is reliable, coherent and appropriate for the objectives you pursue.
IPA: Agreed Procedures Reports
We design and execute previously defined procedures to analyse specific aspects of your financial information. We present the results objectively and focused on the points that you really need to review.
Financial reporting for groups
We review financial information intended for consolidation processes, parent companies, investors or financing entities. We ensure that the data is consistent and aligned with the accounting criteria and the needs of the group.
Preparation for a first audit
If your company is going to face an audit for the first time, we carry out a prior analysis to identify possible incidents and correct them before the start of the process. We review the documentation, accounting criteria, processes and controls to help you face the audit with greater peace of mind.
Evaluation of the financial internal control system
We analyse the controls involved in the generation of financial information to detect possible weaknesses and propose improvements. The objective is to reinforce procedures and increase the reliability of the information you use to manage your business.
Review of accounting closing processes
We evaluate how the accounting closing of your company develops, from the assignment of responsibilities to reconciliations, adjustments and estimates. In this way we manage to identify opportunities for improvement that allow us to streamline the process and reduce errors.
Review of income, purchasing, treasury and inventory circuits
We analyse the operational processes that have the greatest impact on financial information. We review how operations are recorded, how they are transferred to accounting and how they arrive at reporting to detect inefficiencies, strengthen controls and improve the operation of the business.
—Frequently asked questions
Answers to your questions
What is the difference between a financial review and an audit?
A financial review is more limited in scope and applies specific procedures on selected information. It allows for an independent assessment, but does not offer the same level of assurance as a full audit.
Which service best suits the needs of my company?
It will depend on the objective of the analysis, the information you need to review and who is going to use it. We will study your case to define the scope and recommend the most appropriate service.
What documentation do you need to carry out the review?
Documentation varies depending on the job, but may include financial statements, accounting closings, reconciliations, invoices, contracts, and internal procedures. Before starting, we will provide you with a clear list of the necessary information.
Can I hire a review of a specific area of the business?
Yes. We can focus the work on specific areas, such as revenue, purchases, treasury, inventory or accounting closing. We can also agree on specific procedures to respond to a specific need.
How can this service help me before a first audit?
We carry out a prior analysis to detect incidents in documentation, accounting criteria, processes and controls. This way you can correct them in advance and face the audit with greater confidence.
What will I receive upon completion of the work?
You will receive a report adapted to the scope of the service, with the results of the review and, where applicable, the risks or areas of improvement identified. We will present the information in a clear way to facilitate its understanding and use.
How can we help your business?
We can help in more ways than you might expect. Let’s start by getting to know your business.
Contact us