Review services

Innovo provides financial statement compilation or review services in accordance with local GAAP and regulations and based on acceptable international financial reporting frameworks (e.g. IFRS, US GAAP or Dutch GAAP).

Review services

An annual review can support implementation of accounting standards in a timely manner and improved company KPI’s for forecasting.

We will conduct this engagement in accordance with the International Standard on Auditing (ISA), “Engagements to review financial statements”. This requires that we comply with ethical requirements. We are also required to plan and perform our review to enable us to conclude whether anything has come to our attention that causes us to believe that the financial statements are not, in all material respects, prepared in accordance with the applicable financial reporting framework.

A review engagement is a limited assurance engagement. The procedures to be performed consist primarily of making inquiries of management and others within the entity, as appropriate, applying analytical procedures and evaluating the evidence obtained.

Due to the nature and extent of our work this engagement will only result in limited assurance as to the fair presentation of the financial statements. This level of assurance is less than the reasonable assurance of an audit engagement.

Management is provided with a review report in accordance with the international standards on auditing.

Schedule a meeting

Image Description

We are able to handle the review of financial statements prepared in accordance with:

• Local generally accepted accounting principles;

• Generally accepted accounting principles in the Netherlands;

• International Financial Reporting Standards (IFRS);

• Generally accepted accounting principles in the United States of America (US GAAP).