Voluntary Compliance Testing and Auditing: A Key to Business Success in Lithuania

While not mandatory, voluntary audits can significantly contribute to a company’s success in Lithuania. At Rödl & Partner Lithuania, we offer professional audit services, including voluntary audits and additional audit-related services, to ensure compliance with stricter reporting requirements.

The Importance of External Reporting Reliability

The reliability of external reporting is crucial for companies operating in Lithuania. Our auditors at Rödl & Partner Lithuania can help companies avoid misstatements in their financial reports, thereby safeguarding the interests of all stakeholders. The commissioning of a voluntary audit, even in the absence of an audit obligation, does not have to be contradictory.

Benefits of Voluntary Audits

• An auditor’s assessment of company accounts provides invaluable support for shareholders and supervisory bodies, enabling them to fulfill their monitoring function.
• Voluntary audits can also be used to confirm the reliability of financial statements to financial partners.

Comprehensive Voluntary Audit Services

At Rödl & Partner Lithuania, our experienced auditors, led by Līga Trautmane, perform comprehensive voluntary audits tailored to individual clients’ needs. Our range of services includes:

• Audit reviews
• Business process and internal control system audits
• Risk management and monitoring system audits
• Compliance audits
• Management systems audits
• Restructuring concept audits
• Embezzlement audits

Expert Guidance for Voluntary Auditing Needs

Our expert team is ready to advise and assist businesses in Lithuania with their voluntary auditing needs, ensuring compliance with statutory requirements and contractual arrangements while providing a solid basis for future decision-making. Contact us today to learn more about our voluntary audit services.