Assurance
Objectivity, expertise and decades of experience
Grant Thornton Unitreu commits to rigorous quality standards in order to meet the shareholders’ demand for a robust and independent audit. As a member firm of Grant Thornton International we are required to comply with the IESBA Code of Ethics and ISA. Thus our audits are conducted in line with both Austrian and International Standards on Auditing.
Grant Thornton HorizonTM - uniform global audit approach
Grant Thornton HorizonTM is the uniform global audit approach of Grant Thornton International. It is process-oriented and risk-based. International group audits require that the group auditor and the auditors of subsidiaries around the world cooperate effectively across language barriers and cultural differences. Grant Thornton VoyagerTM the audit software used throughout the international organization ensures that the auditors in the various countries are guided by the same approach to methodology, processes and quality control. GTI Horizon™ is based on the International Standards on Auditing. The methodology and the software are continuously updated and improved.
Objectivity, expertise and experience are crucial when it comes to assurance services. And above all developing a strong working relationship with our clients is the foundation of our service approach.
Assurance services provided by Grant Thornton Unitreu encompass the following:
- Statutory and voluntary audits of individual and group financial statements according to Austrian and international accounting principles
- Audits of trusts
Grant Thornton Unitreu has a wide range of specialist expertise in statutory and voluntary special purpose audits which includes the following services:
- Audit or review of interim financial statements of public interest entities
- Letters to underwriters in connection with a public offering, transaction related audits
- Audit according to the Austrian Banking Act and Securities Supervision Act
- Audit in connection with company formation, spin-offs, residual assets
- Audit of internal control, SOX compliance audit
- IT systems and process assurance
- External quality control reviews according to the Austrian Audit Quality Assurance Act (A-QSG)
Assurance related advisory services
Assurance related advisory services are based on the knowledge and expertise that are the staff of life of our auditors.
- Support with IFRS or US-GAAP transition
- Consolidation support and compilation of group accounts
- Assistance in the compilation of accounting manuals
- Audit readiness training for accounting staff
- Development of risk management methodologies and reporting
- Support in the compilation of corporate governance reports
For reasons of independence these services must not be provided to audit clients. They are also not part of the scope of an audit.^