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Blog: Monika SKÓRKA

20 January 2020
Monika SKÓRKA

An audit of public interest entities (PIE) is regarded as a high-risk audit not without reason. The higher requirements – which must be met by the audited companies, as well as their auditors – mainly arise from the fact that information in financial statements and in reports of an expert auditor may directly translate into share prices and, for smaller investors, is often the only source of data about a listed company.

2 June 2017
Monika SKÓRKA

The main purpose of an external audit is to protect the reliability of financial data presented by market participants in order to effectively reduce economic and investment risk. The role of a good auditor is not only to confirm the reliability of financial data, but also to go a step further, i.e. to identify customer needs, design a solution and implement it together – always in the context of the client's intended business purpose.

30 January 2017
Monika SKÓRKA

It is not my purpose to enumerate the financial benefits of the due diligence process during negotiations, because this was discussed in the article "Due diligence − a service worth millions", but I want to point out the risk that is associated with too much confidence in yourself and your infallibility.

17 June 2016
Monika SKÓRKA

A few years ago, an audit was treated as a necessary evil and another obligation to comply with. Nowadays, auditors are increasingly considered to be advisors, whose knowledge and experience can support the company's operations.

1 June 2016
Monika SKÓRKA

Audit of financial statements by an independent certified auditor is an increasingly important element of communication between audited entities and their investors. It also plays a vital role in creating a sense of security among shareholders and other external actors interested in the company's condition.

1 March 2015
Monika SKÓRKA

More than once did I wonder what is the actual meaning of auditing services in Poland. And I came to the conclusion that this meaning is still “greatly underestimated”.

An audit of a financial statement is so much more than just a verification for correctness. I believe a financial audit is, most of all, an opportunity to identify the organisation's “weak points”, allowing management to minimise existing though not always realised risks.

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