Services
Audit and Assurance, Audit-related Services
  • Audit of Financial Statements
    Audit of Financial Statements
    Audit is the independent examination of the information presented in the financial statements of the entity being audited, resulting in the issuance of an auditor’s opinion. The purpose of the financial statement audit is to enable the auditor to express an opinion on whether the financial statements, in all material respects, are prepared in accordance with the legislation of the Republic of Armenia.
  • Review of Financial Statements
    Review of Financial Statements
    A review of financial statements involves performing procedures that enable the auditor to determine whether there is any information that would indicate that the financial statements are not prepared, in all material respects, in accordance with the legislation of the Republic of Armenia
  • Agreed-Upon Procedures
    Agreed-Upon Procedures
    Agreed-upon procedures are audit-related procedures agreed upon by the practitioner performing them, the legal entity—company or individual entrepreneur (the organization or the individual entrepreneur) and the relevant third party or parties. Based on the report issued by the practitioner, the users of that report can draw their own conclusions.
  • Compilation
    Compilation
    Compilation is the collection, classification, and summarization of financial information for the purpose of presenting it in a clearer and more useful format.
Accounting Services
  • Accounting Management
    Accounting Management
    This is carried out simultaneously in three main directions: financial accounting, tax accounting, and managerial accounting. We ensure compliance with the requirements of the legislation of the Republic of Armenia, timely submission of reports, optimal tax calculations, protection of the client’s commercial confidentiality and interests, and timely identification of potential risks.)
  • Implementation of Accounting Systems
    Implementation of Accounting Systems
    This is performed with consideration of the specific characteristics of the given organization.
  • Restoration of Accounting Records
    Restoration of Accounting Records
    This is carried out within a reasonable period of time through examining the documentation related to the organization’s activities and identifying potential software and technical solutions.
  • Preparation of Financial Statements
    Preparation of Financial Statements
    This is performed in accordance with International Financial Reporting Standards, taking into account the specific features of the organization and ensuring the reliability of the financial statements to the extent possible.
Consulting
  • Accounting, Economic, Financial, Tax, Managerial, and Legal Consulting
    Accounting, Economic, Financial, Tax, Managerial, and Legal Consulting
    This is typically provided by delivering written responses to the client’s written inquiries within a reasonable time frame. In special cases, the service may be provided verbally at the client’s office.
Other Services
  • Planning and Calculation of Taxes, Duties, and Other Mandatory Payments
    Planning and Calculation of Taxes, Duties, and Other Mandatory Payments
    This service is performed strictly within the framework of the Tax Code of the Republic of Armenia and other regulatory legal acts, taking into account the specific characteristics of the organization.
  • Analysis of the Company’s Financial and Economic Activities
    Analysis of the Company’s Financial and Economic Activities
  • Development of a Business Plan
    Development of a Business Plan
    This is performed based on a detailed and comprehensive study of the relevant field of activity and the market, taking into account the initial indicators provided by the client.
  • Professional Expertise Related to Accounting, Auditing, Finance, Economics, Taxes, Duties, and Other Mandatory Payments
    Professional Expertise Related to Accounting, Auditing, Finance, Economics, Taxes, Duties, and Other Mandatory Payments
    This service is provided on the basis of the client’s clear and unambiguous written request.
  • Development of Accounting Policies
    Development of Accounting Policies
    This is carried out through a comprehensive and detailed study of the organization’s activities and
CONTACTS
Progress-audit is a leading provider of audit and consulting services.
CONTACT US!
Progress-audit is a leading provider of audit and consulting services.
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