{"id":11839,"date":"2021-10-14T17:40:34","date_gmt":"2021-10-14T15:40:34","guid":{"rendered":"https:\/\/etl-ilia.es\/due-diligence\/auditoria-financiera\/"},"modified":"2021-12-03T16:39:24","modified_gmt":"2021-12-03T15:39:24","slug":"financial-audit","status":"publish","type":"page","link":"https:\/\/etl-ilia.es\/en\/due-diligence\/financial-audit\/","title":{"rendered":"Financial Audit"},"content":{"rendered":"

DUE DILIGENCE<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n

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Financial Audit<\/strong><\/h1><\/div>
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We determine the integrity of the company\u2019s financial status; we verify that it complies with the law, and we propose the pertinent improvements.<\/p>\n<\/div>\n<\/div>

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Financial Due Diligence<\/h2><\/div>

At ETL ILIA, we have the financial audit<\/strong> or financial due diligence<\/strong> service. We are experts in the field; we know in depth the keys to business accounts and what is needed to keep them in good condition and control the inflow and outflow of cash.<\/p>\n

We take care of the different tasks that make up the audit<\/strong> with professionalism and great detail. We analyse the information provided, review the financial controls used and other aspects to issue a final report. The goal is to determine the integrity of the company\u2019s financial status<\/strong>, verify that it is complying with the law, and propose appropriate improvements.<\/p>\n

We have a team of ROAC auditors<\/strong> (affiliated with the Official Register of Account Auditors), so we can perform each audit rigorously, legally and following best practices. We act diligently in each project; we seek to offer you immediate treatment and results that allow your business to grow organically.<\/p>\n<\/div><\/div><\/div><\/div><\/div>

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Experts in Financial Due Diligence<\/strong>.<\/h2><\/div>

We take care of the entire process for your peace of mind.<\/p>\n<\/div>

Tell Us About Your Needs<\/span><\/i><\/a><\/div><\/div><\/div>
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What does our service consist of?<\/h3><\/div><\/div><\/div><\/div><\/div>
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1. Previous analysis<\/h5><\/div>
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We analyse all the information present in the annual, semi-annual, or quarterly balance sheets. We check the profit and loss account, the balance sheet, memory, and cash flow statement, which allows us to assess the state of the business.<\/p>\n<\/div>

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2. Comparison<\/h5><\/div>
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The comparison of the interannual data gives us a panoramic image of the evolution of the company over time. The objective is to see what changes have occurred and what are the trends to fully understand the state of the company.<\/p>\n<\/div>

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3. Valuation of income and its nature<\/h5><\/div>
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Knowing the nature of the revenue is a critical part of the audit. We verify that the financial objectives are met, the actions that have been carried out and we propose improvements if necessary.<\/p>\n<\/div>

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4. Assessment of expenses and their nature<\/h5><\/div>
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Expenses are one of the critical parts of a company’s finances, and its control is essential to maximize bottom line profits.<\/p>\n<\/div>

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5. Evaluation of the results<\/h5><\/div>
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Once the pertinent analyses have been carried out, we assess the results obtained. In this way, we can begin to propose solutions to the problems that are present (lack of liquidity, excess debt or diminishing profits) for the final report.<\/p>\n<\/div>

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6. Treasury analysis<\/h5><\/div>
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We review the receipts and payments for the year without considering when the expenses or income that originated from them were accrued. This way, we know the company’s liquidity and if the financial result is being maximised.<\/p>\n<\/div>

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7. Detail of the last financial year<\/h5><\/div>
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We carefully check the last exercise, since it gives us recent information on any problems the company may be experiencing.<\/p>\n<\/div>

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8. Final report with conclusions<\/h5><\/div>
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We record our observations and the corrections that need to be made. We argue each of the proposals based on the analyses carried out and the results they have produced. We help companies show a reliable financial status to their shareholders and the authorities.<\/p>\n<\/div>

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Due Diligence or Audit<\/h2><\/div>
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We take care of the entire process, from the preliminary analysis to the delivery of the report with the conclusions.<\/p>\n<\/div>

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Contact Us<\/span><\/i><\/a><\/div>
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<\/i><\/i><\/span>FAQ Financial Audit<\/span><\/a><\/h4><\/div>
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