We provide the audit services of single financial statement or of a specific element, account or item of a financial statement. Businesses may require an audit of a single financial statement or of a specific element, account or item rather than a complete set of financial statements. HLB AG provides targeted audit engagements for these requirements, applying the relevant requirements of International Standard on Auditing (ISA) 805, Special Considerations — Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement.

Our Financial Statement Components Audit services include:

• Audits of individual financial statements
  
• Audits of specific financial statement components
  
• Revenue and expense audits
  
• Asset and liability audits
  
• Audits of specific accounts or balances
  
• Audits of specific financial information prepared for a defined purpose
  
• Targeted audit procedures over selected financial information
  
• Independent audit reporting appropriate to the engagement
  

The scope of each engagement is determined by the financial information being audited, the applicable financial reporting framework and the purpose for which the audit is required. HLB AG works with management and other relevant parties to define the appropriate scope and perform focused audit procedures that provide assurance over the specific financial information concerned.