Services

ECOVIS Audit Algeria intervenes to fulfill accounting, financial and operational control tasks.

In the regulated context of the Statutory Auditors or to answer specific problems, our employees apply a rigorous methodology in accordance with the Algerian (NAA) and international (IFAC) standards in a logic of risk control and information security.

Beyond the notion of indispensable control, the External Auditor is above all a partner alongside the company.

Its advisory role consists of preventing the company’s difficulties in the context of the alert procedure, issuing certificates and visas, providing opinions and consulting in relation to accounting and internal control issues.

ECOVIS Audit Algeria cultivates a high awareness of the responsibilities inherent to the statutory audit mission. Our associates and collaborators mobilize their technical and sectoral expertise to serve the objectives of this mission in a permanent effort of efficiency and proximity.

Independent Expert Appraisal (contributions, mergers)

On the occasion of the creation of a company, an increase of capital or to verify the value of a property contributed in kind, the contributions auditor ensures the equal treatment of the shareholders and the correct valuation of the assets brought into the balance sheet of the company.

The partners of the firm intervene regularly on missions of contributions auditor. We cultivate a high awareness of the responsibilities inherent in these regulated interventions.

Our services in statutory auditing

• Certification of corporate financial statements.
• Certification of consolidated financial statements
• Capital contribution auditing
• Merger auditing
• Business transformation auditing
• Other assignments: audit-related services and directly related services

The experience and sectoral skills of our employees guarantee the reliability and transparency of the information delivered to the shareholders.

Our experts intervene to carry out checks under the procedure agreed with the client. The purpose of the contractual audit is to express an opinion on accounts and / or financial or legal information, issued by an economic entity.

Contract audits can be conducted in a variety of contexts:

• Merger / Acquisition / Partial Contributions of Assets
• Checks in case of price supplement or liability guarantee clause
• continuation plan
• Restructuring
• Investigation into suspicion of fraud
• Verification under a joint venture agreement providing for an audit clause
• Audit of royalties in the context of the application of a license agreement
• Tax Audit
• Audit of contracts
• Fraud audit
• Organizational and performance audit
• Audit of internal procedures
• Audit of the information system
• Acquisition audit
• Audit prior to the sale
• Audit of transfer pricing policy

Whatever your problem, our experts assist you to ensure the transparency of your financial operations.

Our multidisciplinary teams intervene as part of your external growth operations to implement your financial due diligence.

Our audit approach aims to secure transactions and optimize the transaction by identifying the levers for negotiation with sellers.

• Intervention in Data Room and / or within the target company
• Operational, financial and strategic diagnosis
• Review of the business plan (main levers, risks and opportunities)
• Analysis of profitability and determination of a normative result
• Analysis of the structure of working capital needs, historical cash flow, net debt.
• Identification of reprocessing that may impact the price
• Audit of financial statements of disposals

In an increasingly complex economic, technological and regulatory environment, the internal audit function is rightly considered by organizations as a central element of the risk management system.

Our professionals mobilize their specialized know-how to assist the internal audit teams in the following areas:

• Appreciation of the control environment
• Assessment of processes, functions and operations
• Accounting, audit
• Financial investigation in case of suspicion of fraud.
• We also help companies implement and evolve their internal audit function over time:
  • Assistance in recruiting internal audit teams
  • Writing of internal audit manual
  • Training and technical support

Donors and funding agencies require a high level of assurance that their funds have been used for the agreed purpose in the manner that was intended. Ecovis Audit Algeria audits a significant number of projects and donor funded organizations or secretariats within the African continent. We understand what donors expect, as they need comfort that expenditures have been incurred for the intended purposes and that their funds were utilised effectively.

In Donor Agency-Funded Projects, the Implementing Partner assume responsibility for ensuring the adequacy of their overall supervision and management. It is responsible for making sure that an adequate and reliable system of internal control is built into the project.

The agencies are accountable to the donors for the quality, timeliness and effectiveness of the services they provide and the activities they carry out as well as for the use of funds provided to them.

The accountability of agencies refers to:

• Substantive accountability for the conducting of all project activities – whether implemented by them directly or by other organizations on their behalf;
• Financial accountability for all funds provided to them for projects;
• Custodial accountability for all equipment, vehicles and other such assets entrusted to them – whether purchased by an executing agency using donor agency advances or reimbursements, or purchased directly by agencies on behalf of an executing agency.