V4 Audit, s.r.o.
The scope of financial oversight required by modern businesses goes well beyond the annual statutory audit. V4 Audit has structured its services to cover the full audit and assurance lifecycle, from initial risk assessment through transaction support and ongoing governance advisory. Each service area is staffed by specialists with direct experience in the relevant technical domain, so you are never assigned a generalist where a specialist is needed. The sections below outline what we do in each area and how our work creates tangible value for the organisations we serve.
We plan and execute statutory audits using a risk-based audit approach, allocating effort to the areas of greatest financial reporting risk rather than applying a uniform checklist. This results in more relevant findings and a more efficient process for management and finance teams.
V4 Audit's professionals are qualified in both IFRS and the applicable local accounting standards of the V4 countries, allowing us to audit consolidated groups as well as individual subsidiaries within the same engagement team. We also assist clients transitioning between reporting frameworks.
We issue agreed-upon procedures reports, comfort letters and other special purpose assurance outputs required by banks, bond trustees and regulatory authorities. These engagements are scoped precisely to the third party's requirements and delivered within tight timetables.
Our due diligence reports go beyond restated EBITDA to provide a clear picture of sustainable earnings, working capital requirements and off-balance-sheet exposures that could affect deal pricing or structuring. We work directly with M&A advisers and legal counsel to coordinate information requests efficiently.
Sellers engaging V4 Audit to prepare a vendor due diligence report gain a credible, pre-prepared financial analysis that reduces buyer uncertainty, accelerates the sale process and can strengthen their negotiating position. Our reports are structured to withstand buyer scrutiny and are updated as needed through the sale timeline.
Following a completed acquisition, we help new owners establish appropriate financial controls in acquired entities, assess existing accounting policies and provide an independent view of opening balance sheet positions. This work reduces the risk of post-acquisition financial surprises.
For organisations that do not maintain a full-time internal audit function, V4 Audit offers a fully outsourced service that provides board-level assurance on controls without the overhead of an in-house team. Our programmes are tailored to each client's risk profile and updated annually as business priorities evolve.
We work directly with audit committees to help them fulfil their oversight responsibilities, including evaluating the effectiveness of the external audit, reviewing management representations and assessing the company's risk and control environment. Our support enhances the committee's independence from executive management.
V4 Audit maps key financial reporting controls, identifies design and operating effectiveness gaps, and provides a remediation plan aligned with applicable standards. This service is frequently used by companies preparing for a first statutory audit or responding to a regulator's observations.
V4 Audit provides statutory auditing, financial assurance, internal audits, due diligence and corporate advisory across Central Europe.