Audit and Statutory Audit Services in Tunisia

Horizons Audit & Consulting supports companies in reviewing, securing and assessing their financial, legal and organisational information. Our audit engagements aim to assess the reliability of financial information and the effectiveness of control processes, in accordance with applicable professional standards.

// FINANCIAL, STATUTORY AND ORGANISATIONAL AUDIT

Our audit services

We support companies through a range of audit and assurance engagements, including:

• Statutory audit
• Statutory review of financial statements
• Contractual financial audit
• Audit of financial statements in connection with an equity investment or business acquisition
• Legal and social audit
• Information systems audit
• Organisational audit
• Management audit
• Examination of information based on agreed-upon procedures

// A RISK-BASED AUDIT APPROACH

Our financial audit approach

Our financial audit approach is based on the professional standards of IFAC and focuses in particular on identifying and assessing risks and analysing the internal control environment.

Preliminary phase and risk assessment

During the preliminary phase, we seek to obtain a clear understanding of the overall context of the engagement. This stage enables us to assess the risks associated with the client’s industry, consider the company’s specific characteristics and identify significant transactions.

Internal control assessment

For recurring data, our assessment of internal controls enables us to analyse the procedures used to generate and process financial information and identify risks related to their design and operation.

For non-recurring data and management estimates, such as the assessment of accounting provisions or the determination of depreciation methods, our analysis aims to assess specific risks, anticipate potential issues and define an appropriate audit programme.

Audit of financial statements

The financial statement audit phase is adapted to each type of transaction and each audit objective, based on the results of the previous procedures and the levels of risk identified.

Our review of the annual financial statements enables us to assess the consistency of financial data, both internally and against the information obtained throughout the engagement. It also covers the presentation of financial information and the quality of the additional disclosures provided in the notes to the financial statements.

Completion of the audit

The completion procedures enable us to summarise our findings and support our final opinion, taking into account the impact of the risks identified during the engagement.

// AUDIT REPORT AND CONCLUSIONS

Our opinion on the financial statements

At the end of our audit procedures, our opinion on the financial statements is expressed in our general report in accordance with the conclusions of the engagement.

The audit opinion may include:

• An unqualified opinion
• A qualified opinion
• A refusal to certify the financial statements

Where required by the engagement, we also provide an opinion on the fairness and consistency of the information presented in the Board of Directors’ management report with the annual financial statements.