Review of Financial Statements

The work of reviewing Financial Statements aims to state by the Public Accountant if something makes him believe that the Financial Statements are not prepared in all material respects under the applicable accounting framework, based on procedures that do not provide all the evidence that would be required in an audit.

To perform this work, the Public Accountant is governed by the Code of Professional Ethics, referring to the independence of criteria, professional quality of the work, preparation and professional quality, personal responsibility, professional secrecy, obligation to reject immoral tasks, loyalty to the sponsor of the services and economic retribution.

To express the conclusion of the work, the Public Accountant must obtain sufficient and appropriate evidence, primarily, through research and analytical procedures to reach its conclusions.