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Financial Statement Audit

Financial Statement Audit

Financial statement audits play a critical role in creating and maintaining investor confidence and can unlock valuable insights into the business.

Financial statement audits play a critical role in creating investor confidence.

We – KPMG Azerbaijan audit professionals – believe that independent auditors perform the valuable role of being a trusted intermediary between the providers of business information and the users of that information. In the wake of the economic crises and scandals of the past few years, we believe independent auditors are on the cusp of a transformative change. Stakeholders are demanding more transparency, and we are responding - changing how we operate, being proactive in listening to our stakeholders, and embracing Data & Analytics and new processes that are enabling us to make audit more relevant and continue to raise the bar on quality.

Innovating Audit

Innovation is not a concept traditionally associated with audit. But it is at the heart of our strategy in responding to the unprecedented challenges and opportunities we face as auditors. Core to our mission is acknowledging the responsibility we have as auditors to society and the capital markets. Innovations that lead to enhanced audit quality are important to the organizations we serve.

High quality, independent financial statement audits are essential to maintaining investor confidence. KPMG Audit professionals across KPMG member firms are committed to the public interest. These experienced professionals seek to challenge assumptions and unlock valuable insights based on a thorough understanding of an organization’s business and industry, and innovative audit methodologies and approaches.

How we can help?

KPMG provides high-quality independent audit services including audit of financial statements prepared in accordance with International Financial Reporting Standards, National Financial Reporting Standards and other countries accounting standards (US GAAP. etc.). We can also address any specific regulatory requirements such as compliance with the Sarbanes-Oxley Act for SEC registrants. 

  • We work with clients and relevant external parties to understand the changing business environment. We seek to get the basics right and to add value beyond the financial statements through the business insights we bring to each engagement. 
  • We adopt an audit approach that is based on a proven methodology and reinforced by commitment to professional integrity, independence and ethical behavior. 
  • We identify industry trends, issues and insights that may influence the accuracy and completeness of financial statements. 
  • We assure frequent communication and substantial partner involvement to support the early identification and discussion of emerging risks. 
  • We conduct coordinated and consistent audit team management to minimize client involvement.
  • We provide detailed post audit feedback to discuss and address arising matters to ensure continuous improvement. 
  • We offer high-level technical capabilities, a client focused culture and access to a global network of respected audit professionals.

Our advice is clear, concise and relevant.

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