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Audit & Assurance

Uniteam Global Business Services (UGBS), your trusted partner in Cyprus, offers a range of expert auditor services. Our skilled auditors provide thorough accounting, internal, and assurance audits, ensuring compliance and financial integrity for your cypriot business.

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Audit Firm In Cyprus

We always find value in creating relationships so we can fully understand and meet our customers’ needs.

Annual statutory audit remains a fundamental requirement for Cyprus registered companies. At Uniteam Global Business Services, we believe that every audit should be effective and efficient, managed by experienced professionals who possess the skills and knowledge required to provide meaningful audit reports to businesses and meet investors’ expectations.

To provide real value for our customers, we formed a team of trusted partners to offer Audit and Assurance services in accordance with International Standards on Auditing (ISA).

Whether you’re a large organization or a small business owner, our experienced team of auditors can ensure your company is operating in compliance with standards and regulations.

Our assurance services are designed to give our customers the information they need to make decisions that will positively impact their business.

Objective of an Audit

The objective of an audit is to form an independent opinion on the financial statements of the audited entity. The opinion includes whether the financial statements show a true and fair view and have been properly prepared in accordance with accounting standards.

 

Other objectives of audits include:

Compliance

To determine whether the organization is following applicable laws, regulations, and accounting standards in its financial reporting and operations.

Detecting Errors and Fraud

To identify any errors, misstatements, or fraudulent activities that may exist within the financial records, transactions, or processes.

Risk Assessment

To assess and report on the level of risk associated with the organization's financial and operational activities, which can help stakeholders make informed decisions.

Reliability

To enhance the credibility and reliability of the organization's financial information for the benefit of shareholders, investors, creditors, and other stakeholders.

Transparency

To promote transparency and accountability within the organization by providing an unbiased assessment of its financial and operational activities.

Internal Audit

An Internal Audit is a systematic evaluation of the key risks facing your business, the effectiveness of the process in managing those risks, and management’s ability to detect any irregularities.

It serve as a valuable tool for both management and stakeholders in ensuring that an organization operates efficiently, complies with regulations, and maintains its financial and operational integrity.

Our auditors provide valuable insights and recommendations through their internal audit services, helping the organization enhance its operational efficiency and strengthen its internal controls.

Agreed Upon Procedures

Agreed Upon Procedures will only look at specific areas, as directed by the management/owners/client, and could focus on the few areas where you may have got most value from a statutory audit in the past. This allows far greater flexibility when considering risk areas and areas of concern.

Our Audit and Assurance services include:

Financial statement audits

Assistance in the preparation of financial statements in accordance with IFRS

Internal audit services

Agreed upon procedures

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