The value of the audited financial statements to their users (investors, shareholders, management, banks, creditors and other stakeholders) is currently undisputed. In this context, FiveB Auditors is a rapidly growing firm of chartered accountants with presence in various areas of business activity and many years of experience in annual statutory audits of financial statements.
Our company carries out the audits of the annual financial statements of its customers always in compliance with International Auditing Standards (ISAs) and applies an effective quality management system in accordance with the International Quality Management Standard (ISQM) 1 “Quality Management for Firms that perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements”.
FiveB provides a variety of audit and other assurance services that are now vital to the daily routine of Greek businesses. Some of them are:
— Statutory and tax audits of annual financial statements
A statutory audit by a certified auditor is a legal requirement for many companies and a guarantee of credibility for shareholders, banks and regulators. Our audit services cover the full audit of annual financial statements in accordance with International Standards on Auditing (ISA), along with the tax audit and issuance of the tax compliance report. The result is full confidence in both your financial reporting and your tax position.
— Assurance reports for share capital increases
When a company increases its share capital, an independent auditor’s report is often required to confirm that the capital has been paid in or that the relevant conditions are met. We prepare these assurance reports accurately and promptly, so your corporate transaction can move forward without delays.
— Conversions and mergers of companies
Conversions and mergers require careful valuation of assets and liabilities and strict compliance with legal requirements. As certified auditors, we audit the transformation balance sheets, prepare the required reports and support you at every stage, protecting the interests of all parties involved.
— Spin-offs
A spin-off is a demanding corporate transaction that requires careful valuation and documentation. Our auditors handle the process with accuracy and in full compliance with legal and accounting requirements, ensuring a smooth transfer of the business unit.
— Valuation certificates
Contributions in kind and other corporate transactions require an objective, well-documented valuation by a qualified professional. FiveB Auditors provides valuation certificates issued by certified auditors, ensuring the value assigned is accurate and all relevant legal provisions are met.
— Assurance reports on non-problematic indicators and size of SMEs businesses, in the context of the Project "SUB1.1 Research Excellence Partnerships – EPC" and other relevant EU funding actions
For businesses taking part in research and EU-funded programmes, an assurance report from a certified auditor is often a prerequisite. We confirm that your business is not an undertaking in difficulty and verify its SME size classification, helping you secure and keep your place in funding schemes.
— Assurance reports on expenses incurred eligible for government grants and other EU funding programs
Certifying eligible expenditure is a critical step before grants and subsidies can be disbursed. Through our Investment Project Audits, we review the expenses incurred against the requirements of each funding body and issue the auditor’s report needed for timely, uninterrupted payment.
— Internal management audits in cases of potential financial fraud (forensic audit)
When financial fraud or irregularities are suspected, a thorough internal audit becomes essential. FiveB Auditors conducts specialised forensic audits, drawing on the experience of certified auditors to identify irregularities, document findings and support legal action where needed.