Straipsniai
What is an audit?
What is an audit? An audit is an analysis and assessment of the subject to be checked, usually financial statements, in order to express an opinion about the company's financial condition, performance and cash flows. Thus, an audit generally refers to an audit of financial statements.
Audit companies in Lithuania
An audit company is a company registered in the list of audit companies. Pursuant to the provisions of the Law on the Audit of Financial Statements of the Republic of Lithuania, a company may start auditing activities only when it is entered into the list of audit companies by the decision of the Chamber of Auditors of Lithuania. The list of audit companies may include companies registered in the Republic of Lithuania and audit companies of member states that have established branches of the Republic of Lithuania, as well as other audit companies of member states that wish to perform audits in accordance with the procedure established by legal acts of the Republic of Lithuania.