Audit (HR, finance, Due diligence)
How can EMZE help you with audit in Azerbaijan?
Thinking about checking the activities of your company in Azerbaijan and conducting a comprehensive audit?
Some types of audit are completely obligatory for carrying out, because the laws of Azerbaijan require it.
Always focusing on the needs and interests of my client’s, I research the activity of the company in Azerbaijan before conducting a competent and comprehensive audit, but also advise individuals and companies on all aspects of audit issues.
You can get a full and competent answer to all these and many other questions at any time convenient for you.
We are always ready to help you with audit issues by providing services such as:
— Initial consultation on audit in Azerbaijan and general issues;
— Advice on overcoming identified gaps;
— Discussion of possible solutions and perspectives.
– Checking proper registration of labor documentation;
– Checking the correctness of the procedure for hiring and firing employees;
– Checking the correctness of the calculation of payments for work on non-working days, holidays and night hours;
– Checking the correctness of the deduction of funds from the salaries of employees;
– Checking the proper registration of social and insurance payments for employees;
– Checking the calculation of vacations, travel allowances, sick leave, as well as the execution of these procedures.
– Analysis of the correctness of the chosen taxation system in Azerbaijan;
– Examination of the correctness of the calculation of taxes applicable to the company’s activities;
– Verification of the correctness of tax calculations and the implementation of payments;
– Preparation of an independent report describing the gaps and errors identified during the audit, and proposals for their elimination.
– Determining and assessing the compliance of the company’s economic activities with the environmental requirements of Azerbaijan;
– Analysis and evaluation of regulations in the field of environmental protection in Azerbaijan;
– Evaluation of the effectiveness of the eco-safety system used by the company;
– Assessment of legal damage from pollution;
– Legal assessment of waste hazard, gas emissions;
– Determination of the rationality of nature management and energy consumption;
– Determining the volume of greenhouse gas emissions and developing measures to reduce them;
– Assessment of risks as a result of man-made accidents and natural disasters;
– Evaluation of the implementation of the environmental management system.
– Identification and quantification of risks and opportunities associated with the scope of the business and the conclusion of the transaction;
– Identification and quantification of obligations that may interfere with the process of concluding a deal;
– Identification of issues that may affect the purchase price and other terms of the transaction;
– Assessment of the quality and validity of the company’s assets, projected income and cash flows;
– Identification and quantitative assessment of the company’s tax risks;
– Identification of hidden costs, obligations and unforeseen circumstances.
– Analysis of documents on fire safety of the company and its facilities;
– Inspection of the object of protection to obtain objective information about the fire safety of the object of protection,
– Identification of the possibility of the occurrence and development of a fire and the impact on people and material values;
– Determining the compliance of the company and its facilities with fire safety requirements;
– If necessary, conducting the necessary studies, tests, calculations and examinations;
– Preparation of an independent report on the fulfillment (or non-fulfillment) of the conditions for compliance with fire safety requirements in Azerbaijan;
– Development of measures and recommendations to ensure the fulfillment of the conditions under which the object of protection will meet the requirements of fire safety.