Professional Contacts

Audit may be held on the grounds of statutory requirements (compulsory audit) or it may be initiated by the company itself (initiative audit).

Our approach to conducting audit includes the following:

• Understanding the circumstances of carrying out financial and operating activities in which the audited company operates, the objectives and problems in the course of organization of management process;
• Identification of business risks inherent to the audited company as well as analysis of managerial actions aimed at monitoring and minimization of these risks.

This kind of approach is based on the fact that in most cases business risks influence financial statements to a significant extent. Thus, by analyzing these risks, we can conduct audit procedures in the most efficient manner and at the same time contribute to improvement of results of activities of the audited company.

IDelync provides the full range of services of audit of financial statements, prepared in compliance with national (RAS) or international financial reporting standards (IFRS, US GAAP), to organizations and individual businessmen.

Audit may be held on the grounds of legal requirements (compulsory audit) or it may be initiated by the company itself (initiative audit).

Our approach to conducting audit includes the following:

• Understanding of the circumstances of performing financial and operating activities, in which the audited company operates, objectives and problems in the course of organization of management process;
• Identification of business risks, inherent to the audited company as well as analysis of managerial actions aimed at monitoring and minimization of these risks.
  This kind of approach is based on the fact that in most cases business risks influence financial statements to a significant extent. Thus, by analyzing these risks, we can conduct audit procedures in the most efficient manner and at the same time contribute to improvement of results of activities of the audited company.

IDelync gives consultations in any format convenient to the Client:

• orally over the telephone;
• orally, visiting Client’s office;
• in writing by email;
• in writing: the answer is certified by the auditor’s personal signature, signature of the management and the company’s seal.

We ensure correct maintenance of ledgers of a Client’s bookkeeping and tax accounting during the whole period of service. Moreover, IDelync offers the Client’s staff training in correct execution of source documents as well as in skills of correct reflection of accounting data in the information accounting system. In addition, the check of correspondence of these documents with the legislation and ensuring their safekeeping are a compulsory procedure.

By authorizing IDelync to maintain financial documentation, the Client receives additional time and opportunities for developing business. Moreover, the aggregate expenses for keeping an accounting department (which may include the following) decrease: equipping the workplace, recruiting and employment of a chartered accountant, fees for seminars and consultations for auditors, buying bookkeeping software and legal reference systems.
Our work results in preparation, timely submission and defending your Company’s tax and financial statements at the tax office and other regulatory bodies, as well as representation and protection of your interests in them.

There are different options of your Company’s cooperation with IDelync:

• The option of comprehensive maintenance of bookkeeping – the whole of bookkeeping and tax accounting, ranging from processing source documents to preparation and submission of monthly, quarterly and yearly financial and tax statements, is maintained my IDelync’s experts.
• The option of partial maintenance of bookkeeping – this option suggests that IDelync’s experts will perform all the work as to your Company’s bookkeeping using a well-proven technology, while at the same time your chief accountant will have a chance to control the process of bookkeeping maintenance and preparation of financial statements and tax accounts, analyze the received information and focus on actual needs of the Company. Or the other way round – the staff of your accounting department take care of accounting and processing source documents while IDelync’s experts perform the overall control of the Company’s accounting department operations, preparation of regulated financial statements.

In the course of analysis IDelync performs the following tasks:

• Сonducting a comprehensive analysis of economic feasibility of expenses included into the tariffs and analysis of algorithms of calculation of the latter in accordance with the methods which take into account the results of analysis of developments of financial and economic indicators of activity of regulated subjects.
• Consultations of experts of heat and power companies and improvement of their qualifications on the basis of modern information technologies.

In the course of realization of projects in this area, IDelync analyzed existing difficulties arising during tariff calculation, which allows to take into account the most complicated / disputable issues during analysis.

Additionally, IDelync’s experts can provide consultations and methodological assistance during defense of tariffs before regulatory bodies.