Financial Audits in David, Chiriquí and Panama City

Financial Audit

At Candanedo y Candanedo, we offer audit services in accordance with International Standards on Auditing (ISAs) and the accounting framework of International Financial Reporting Standards (IFRS). Our audits provide financial institutions and investors with an opinion ensuring that appropriate standards have been applied and audit testing has been performed that is focused on the client's business and industry. They also provide timely and effective recommendations to company management for improving their processes and controls.

Review of Financial Statements

Review of Financial Statements

A review of the financial statements does not provide an opinion on the company's financial position, but rather indicates that no significant changes to the financial statements are necessary. Candanedo y Candanedo applies the procedures detailed in the International Standards on Auditing (ISAs) to the financial statements under International Financial Reporting Standards (IFRS). This is a great alternative for smaller companies that do not require an audit of their financial statements.

Previously agreed procedures

Sometimes a financial audit that results in an opinion on a company's financial position is not the service a company needs. Occasionally, specific audit procedures in a specific area of ​​the company, a company process, an account, or a group of accounts are the most effective services for the company's needs. These services are offered following the parameters of the International Standards on Auditing with respect to previously agreed-upon procedures.

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