Control provides trust and boosts returns
The required statutory audit applies to public limited companies, private limited companies and cooperatives that meet at least two of the following conditions:
1. balance sheet total of at least EUR 4.4 million
2. turnover of at least EUR 8.8 million
3. at least 50 employees
The importance of this obligation is considerably greater than it first appears. Important matters, such as ways to improve business management or to gain better control of business risks, are made visible in the annual audit. The company's susceptibility to fraud also becomes clear and possible fraud can be detected in time. Our audit concludes with specific improvement proposals and, conducted by our independent experts, it provides the entrepreneur with ultimate clarity and assurance. An audit nearly always has beneficial consequences for the company's returns.
The AFM (Netherlands Authority for the Financial Markets) granted us a license in 2007 to conduct audits of Public Interest Entities. This means that we meet the most stringent quality requirements in both the technical sense and in terms of internal organization, procedures and reliability.
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