Audit in Leinonen Latvia


Audit services

  • Statutory audit of financial statements
  • Audit or review of certain parts and items of financial statements, as well as other financial information
  • Review of interim financial reports
  • Review and evaluation of internal control systems
  • Improvement of the company accounting policy
  • Review of future financial information (business plans, financial forecasts)
  • Auditing of cost reports for EU co-financed projects

Audits and reviews are carried out for the financial reports of companies that have been prepared in accordance with Latvian legislation and/or International Financial Reporting Standards, as well as in accordance with the parent company’s policies. All services are provided in accordance with International Standards on Auditing.

An important part of our job is ensuring communication with the management throughout the task stages. For example, after the audit we will prepare a special letter (report) for the management regarding the accounting and internal control system weaknesses identified during the audit, and provide corrective suggestions. We will also inform the management of any other important management issues.

Assistance with reorganization and acquisition transactions

At client’s request, we perform financial due diligence services and auditing services in the case of company acquisition and/or merger, in accordance with the Commercial Law of the Republic of Latvia.

  • Review of the reorganization agreement (in accordance with the Commercial Law)
  • Due diligence of the company, including financial due diligence (financial risk analysis and determination of the company’s financial status and value), and tax due diligence

Debt capitalization

SIA Leinonen Audit is listed on the Republic of Latvia Register of Enterprises Property Investments Valuation Experts, and provides the following services:

  • Capitalisable debt (property investment in share capital) valuation

We can also help clients assess whether debt capitalization is necessary, or if an alternative exists to improve the company’s financial condition.

Tax services

SIA Leinonen Audit provides taxation services for both businesses and individuals. These include:

  • Tax planning
  • Consultations and advice on taxation
  • Tax audit
  • Transfer pricing documentation
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High Quality Accounting and Tax Advising

Serving an increasing number of international clients in Latvia

Since opening in 1995 we have successfully guided many foreign entities through the ups and downs of the business environment in Latvia. Professionally operating in accounting and tax planning, payroll management, business advisory and legal, Leinonen Latvia will give you the services of an international accounting firm while maintaining the personal touch of a reliable friend. We are there when you need us and we offer you the full support you should expect from a partner.

Read more About Us.

Newsletter

We issue Leinonen Latvia monthly overview on accounting and taxation news in Latvia.

We are ISO 9001 Certified Partner

Leinonen Latvia has achieved ISO 9001:2009 
certificate of quality by Bureau Veritas. It assures high quality standards of accounting and tax advisory services
that we provide to our customers. Read more 

ISO 9001:2009 certificate PDF 


            

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