Assurance & Advisory Services

Financial Statement Audit

When an audit is required, BAG’s interdisciplinary team can provide high quality audit service. We plan and perform audit procedures to obtain reasonable assurance about whether financial statements are free from material misstatement. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements.

Financial Statements Reviews and Compilation

Review

A review of financial statements provides limited assurance that the financial statements are in accordance with generally accepted accounting principles, at a significantly lower cost. A review of financial statements consists of performing inquiries and analytical procedures.

Compilation

A compilation consists of preparing financial statements in accordance with accounting principles generally accepted based on information provided by you. BAG applies accounting and financial reporting expertise to assist you in the presentation of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements in order for them to be in accordance with accounting principles generally accepted.

Accounting and Reporting Advisory Services

Complex business transactions imply complex accounting and reporting treatment. BAG’s team can help you to find the right solution to your needs related to M&A transaction advisory, consolidation, variable interest entities analysis, contracts compliance, revenue recognition, accounting for performance allocation analysis among others.

Financial Reporting

We provide a wide array of services in the financial reporting area such us preparation of financial statements including notes, helping to establish your accounting policies, preparation of reporting package for consolidation purposes, preparation of investment performance reporting.

International Financial Reporting Standards

Your company can have different reporting needs such as transitioning to IFRS reporting framework, preparing reporting package in IFRS for consolidation, converting IFRS financials statements from foreign subsidiaries. BAG’s multilingual team can help you to successfully comply with those requirements.

Revenue Recognition

The new revenue recognition standards ASU 2014-09 and IFRS 15, jointly release by FASB and IASB, can affect your accounting policies and records. BAG can help you to apply the new standards and successfully implement a new accounting policy.