Financial statement audits provide independent assurance that an organisation’s financial statements are prepared in accordance with applicable financial reporting requirements and are free from material misstatement. HLB AG conducts audits in accordance with International Standards on Auditing (ISA), with financial reporting assessed against applicable IFRS requirements. Our approach considers the nature of the business, its financial reporting processes, key risks and internal controls.

Our audit approach includes:

• Understanding the business and its operating environment
• Identifying and assessing financial and operational risks
• Evaluating relevant internal controls
• Performing procedures over significant balances and transactions
• Reviewing financial statement disclosures and areas of material judgement
• Addressing industry-specific and business-specific risks

For businesses in Qatar, reliable audited financial statements support statutory and regulatory requirements while providing shareholders, lenders, investors and other stakeholders with greater confidence in reported financial information. HLB AG combines technical accounting and audit expertise with a risk-based approach to deliver independent, timely and practical audit services aligned with the requirements applicable to each client.