In Belgium, the appointment of an auditor is mandatory for the <\/span>statutory audit<\/span> of financial statements at large corporations and associations. But even without these <\/span>auditing duty<\/span>t, you can engage an auditor to gain insight into the accuracy of your company’s figures. <\/span><\/p>\nAs an independent party, we prepare a report and help think about how to add value. <\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div>![](\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%272048%27%20height%3D%271366%27%20viewBox%3D%270%200%202048%201366%27%3E%3Crect%20width%3D%272048%27%20height%3D%271366%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\")
<\/div><\/div>
Mandatory appointment of a certified auditor to audit financial statements<\/h2><\/div>A Belgian company (NV\/BV) or association must appoint an auditor for a 3-year mandate when two of three of the following criteria are exceeded: <\/span><\/p>\n\n- annual average number of employees: 50<\/span><\/li>\n
- annual sales (excluding VAT): \u20ac11,250,000<\/span><\/li>\n
- total assets: \u20ac6,000,000<\/span><\/li>\n<\/ul>\n<\/div>
The auditor is responsible for the <\/span>audit of the financial statements<\/span> verifying that it gives a true and fair view of the financial situation of an organization. He summarizes his results in the auditor’s report, which is discussed annually at the general meeting of shareholders and published together with the annual accounts. <\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div>Non-mandatory reporting<\/h2><\/div>A financial review by an independent party is also valuable for SMEs that are not required to appoint an auditor. This helps to identify business risks and opportunities and provides transparency to management, as well as to other stakeholders such as investors or banks.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div>How can we support you?<\/h2><\/div>- <\/i><\/span>
\n
audit assignments in companies and associations<\/p>\n<\/div><\/li>
- <\/i><\/span>
audit of consolidated financial statements<\/div><\/li>
- <\/i><\/span>
\n
audit of financial reports<\/p>\n<\/div><\/li>
- <\/i><\/span>
\n
specific audit reports for governments and public administrations<\/p>\n<\/div><\/li>
- <\/i><\/span>
\n
specific audit assignments to works councils and other bodies<\/p>\n<\/div><\/li><\/ul>
Value-added reporting<\/h2><\/div>In addition to a reliable report for the general meeting of shareholders, we place a strong emphasis on creating added value for your business. <\/span><\/p>\nAfter the audit, we discuss the findings and advise you on any risks. For complex questions, we call on a team of tax, legal and financial experts. <\/span><\/p>\n<\/div><\/div><\/div>![\"wat-is-een-revisoraal-verslag\"](\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%272048%27%20height%3D%271365%27%20viewBox%3D%270%200%202048%201365%27%3E%3Crect%20width%3D%272048%27%20height%3D%271365%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\")
<\/div><\/div><\/div><\/div>
Frequently asked questions regarding audit assignments & contractual audits<\/h2><\/div>