Assurance encompasses audit and assurance services aimed at enhancing the reliability of information and building trust among its recipients. These include, in particular, the audit of annual and consolidated financial statements, as well as other statutory and voluntary audit and assurance services. The focus is on independence, objectivity, and the highest professional standards.
 

Whether a company in Austria is legally required to undergo an audit depends, in particular, on its legal form, size, and statutory requirements. Certain corporations and companies are subject to statutory audit requirements, and factors such as size and specific statutory provisions may be relevant. We'll help you assess your specific audit requirements and work with you to determine which requirements apply to your company.

An annual financial statement audit begins with comprehensive planning and an analysis of your company and its business environment. Based on this, we identify significant risks and determine the key areas of focus for the audit.

As the audit progresses, we identify relevant processes and controls, examine business transactions and financial statement line items, and evaluate the supporting documentation. The results are incorporated into our overall assessment of the financial statements and ultimately into the audit opinion.

Throughout the entire audit process, we maintain close communication with you and your team. Our goal is a structured, efficient audit process characterized by clear communication and transparent results.
 

With a risk-based audit approach, we focus on those areas where significant risks to financial reporting or the financial statements exist. To this end, we consider, among other things, your business model, corporate structure, relevant processes, internal controls, and your economic and regulatory environment. Based on this, we determine specific audit priorities. This is how we ensure that the audit is tailored to your company's specific circumstances and that relevant risks are specifically addressed.

Thorough preparation lays the groundwork for an efficient audit process. This includes, among other things, complete and up-to-date financial records, relevant contracts and supporting documentation, reconciliations of accounts and balances, and information on significant business transactions and internal controls. The specific documents required depend on the company, its business activities, and the scope of the audit. We will coordinate the necessary information with you well in advance and guide you through the entire audit process.

A professional audit does more than just build trust in financial reporting. It also provides an in-depth look at relevant risks, processes, and controls, and can help identify interrelationships and opportunities for improvement.

Our goal is to clearly communicate the findings of the audit and to discuss relevant issues with you at an early stage. In this way, the audit can contribute to well-informed business decisions beyond simply meeting legal requirements.

In addition to professional expertise and experience, independence, industry knowledge, and an audit approach that fits your company’s needs are particularly important. Equally crucial are reliable and open communication, as well as personalized support. When dealing with complex or international issues, the ability to draw on subject matter and industry experts, as well as an international network, can also make a significant difference.

RSM Austria combines the highest level of professional expertise with personalized service and a comprehensive understanding of the companies we serve. We tailor our audit approach to your business model and the risks relevant to you, and we prioritize ongoing collaboration and reliable points of contact. 

At the same time, our clients benefit from the strength of the international RSM network. This allows us to combine local know-how with international expertise and, when necessary, bring in subject matter and industry experts from our network. 

Yes. As part of RSM International, we can also assist companies with cross-border audits and international matters. The RSM network has a presence in over 120 countries and provides access to local experts and international audit expertise.

For complex technical issues, we can also bring in specialists from various fields and industries. In this way, we combine our local support with the expertise of an international network, enabling us to provide a comprehensive perspective even when dealing with challenging issues.

A successful audit depends not only on professional expertise, but also on a trusting and reliable partnership. That is why we at RSM Austria rely on personal points of contact who understand your company, your business model, and your specific needs.

Our ongoing collaboration fosters direct communication and an open exchange of ideas. This allows us to address relevant issues early on, clarify questions immediately, and work together to make sense of complex matters. In this way, we combine professional precision with personalized support on an equal footing.