04 Aug, 2021

We successfully passed the Audit Monitoring Visit

Categories: Uncategorized

FinExpertiza Cyprus has successfully passed the second audit monitoring visit, carried out by the Association of Chartered Certified Accountants (ACCA) on behalf of the Institute of Certified Public Accountants of Cyprus (ICPAC).

Due to the COVID-19 pandemic, the visit was carried out remotely from 19th to 21st May, with the closing meeting on 26th May 2021.

The primary purpose of the visit was to monitor the firm’s compliance with International Standard on Quality Control 1 (ISQC 1) and International Standards on Auditing (ISAs) in the conduct of audit work, and the firm’s compliance with the IESBA Code of Ethics for Professional Accountants including International Independence Standards 2018 Edition (2018 Code of Ethics), directly relevant to the audit of annual financial statements. The previous visit took place on 13th February 2015, where FinExpertiza Cyprus also had a satisfactory outcome to the audit monitoring.

Our success is a direct result of the expertise and the undertaking of our Team – their joint efforts, commitment and integrity reflect our values and the determination to always do our best, in everything we do. Thank you, Team!

Michael J. Hadjihannas

BSc MSc ACA ADIT