Statutory audit of financial statements
An audit of your annual financial statements by an independent auditor with an AFM licence is compulsory if your company meets at least two of the following requirements for a period of two years:
- over 50 employees;
- more than €12 million net turnover;
- more than €6 million gross assets.
We also perform the voluntary financial audit for many companies that do not have a legal obligation.
The audit of financial statements is the basis for our contact with the client but vhm | audit is more than audit only. Our audit approach is risk-focused and tailored to reflect our clients’ specific business needs. We will provide you with as much support as is required to ensure that the audit and accounts preparation process is efficient and the audit process is in line with all relevant standards.
Our audits are heavily partner-led and our teams are weighted towards more senior staff. This enables an intelligent and efficient audit focused on key risks, whilst maximising the opportunity for value added service from our experience. We will ensure that you obtain value added feedback from the audit process by reporting our observations and practical recommendations, such as on commercial issues and control improvements. This will give you more than just an audit report from our work.
vhm | audit holds a license from the AFM (Netherlands Authority for the Financial Markets) to perform statutory audits. This ensures that the audit of your financial statements meets the highest quality requirements.
vhm | audit is a member of SRA, a national alliance of 370 profesional firms. This ensures our up-to-date knowledge and continuous professional education.
Furthermore vhm | audit is a member of IECnet an international association of accountants, auditors and tax consultants so we can support our clients in all their international audit requirements.