Audit Support & Financial Reporting
We prepare your company for the statutory auditor, draft financial statements under Greek standards or IFRS and build reporting packs for parent companies.
A statutory audit runs smoothly when the books are ready before the auditor arrives: reconciled accounts, documented estimates and answers to what will be asked. That is what we take on. We prepare your company, draft the financial statements and work with your company's certified auditor or with our partner certified auditors, so the audit finishes without delays.
From our Thessaloniki office we also support subsidiaries of foreign groups that report to a parent under IFRS, and businesses that want their internal processes reviewed before a financing round or a sale.
Who it’s for: Companies subject to a statutory audit, companies that request a tax compliance certificate, Greek subsidiaries and branches of foreign groups reporting under IFRS, and businesses preparing for an investor, a bank or a sale.
How we prepare you for the audit
Statutory Audit Preparation
Account reconciliations, balance analyses, supporting files and the documents the auditor will request, ready before fieldwork starts.
Tax Certificate Support
Organizing the tax data and reconciliations the certified auditor reviews before issuing the tax compliance report.
Financial Statements under Greek GAAP
Balance sheet, income statement, notes and, where required, a cash flow statement under Law 4308/2014.
IFRS & Group Reporting
Conversion from Greek standards to IFRS, adjustments for the parent company and monthly or quarterly reporting packs in English or German.
Internal Process Review
Checking segregation of duties, approvals and payment flows, with practical recommendations to close gaps.
Due Diligence Support
Preparing financial information and answers for buyers, investors or banks, and spotting issues before they do.
Steps to a smooth audit
Timetable
We agree dates with you and the auditor for the close, the statements and fieldwork.
Close and reconciliations
We close the year, reconcile banks, customers, suppliers, inventory and fixed assets, and document estimates.
File for the auditor
We gather what the auditor requests and answer questions throughout the audit.
Completion
We book final adjustments and prepare the documents for the general meeting and publication with GEMI.
Audit-related obligations
What generally applies to companies in Greece. We check exactly what applies to yours.
- A statutory audit by a certified auditor generally applies to medium and large entities, based on the size criteria of Law 4308/2014.
- The tax compliance certificate is optional and is issued by a certified auditor for companies whose financial statements are audited.
- Financial statements are approved by the general meeting and published with GEMI.
- Subsidiaries of foreign groups usually also have reporting deadlines set by the parent, often a few weeks after the close.
Why prepare with us
We know what will be asked
From working alongside auditors we know which data and documentation are needed, so the audit moves faster.
Less time for your team
We take on most of the preparation, so your finance team and management can keep working.
Greek standards and IFRS
We prepare statements and reports under both frameworks, for the Greek company and for the parent.
In the group's language
We work with finance departments abroad in English and German.
Related Tools & Resources
Audits and financial statements: frequently asked questions
Do you carry out the statutory audit?
The statutory audit and the tax certificate are signed by a certified auditor registered in the public register of ELTE, the Greek audit oversight body. In this service our role is preparation: the close, reconciliations, financial statements and working with your auditor so the audit runs smoothly. If your company does not yet have an auditor, we work with partner certified auditors and organize the audit together with them.
When does a Greek company need a statutory audit?
As a rule, when it qualifies as a medium or large entity based on total assets, turnover and average number of employees under Law 4308/2014, or when a specific rule requires it. We check the thresholds for your company every year.
What is the Greek tax compliance certificate?
It is a tax compliance report issued by a certified auditor after reviewing the company's tax affairs. It is optional, and many companies choose it to lower their tax risk. We prepare the data the auditor will review.
Can you prepare reports for our parent company abroad?
Yes. We prepare reporting packs under IFRS or the group's own instructions, in English or German, reconciled to the Greek books.
Interested in Audit Support & Financial Reporting?
Tell us what you need. We reply within one business day.