The audit organization “ORIENT AUDIT GROUP” in the form of a Limited Liability Company was registered by the Ministry of Justice on September 26, 2002, re-registered on July 31, 2009 in accordance with the Resolution of the President of the Republic of Uzbekistan No. PP-615 of April 4, 2007 and September 27, 2013, is one of the most stable audit organizations.
The audit organization “ORIENT AUDIT GROUP” is licensed by the Ministry of Finance of the Republic of Uzbekistan. No. 00542 issued on February 25, 2015.
The audit organization “ORIENT AUDIT GROUP” operates in the presence of its civil liability insurance policy.
The audit organization “ORIENT AUDIT GROUP” organizes its activities in accordance with the Law “On Auditing” and Decrees of the Government of the Republic of Uzbekistan.
The audit organization “ORIENT AUDIT GROUP” conducts its business on the basis of the following principles:
independence from persons to be audited, as well as from any third parties;
objectivity during the audit;
independence in the choice of techniques and methods of work;
professional competence of auditors;
confidentiality of information obtained during the audit.
During the audit, the main tasks of the Audit Organization “ORIENT AUDIT GROUP” are:
analysis and confirmation of the business entity checking the main objectives of the reliability of the financial statements of the business entity
real and objective assessment of the effectiveness of economic activity
protection of the rights of owners, shareholders, investors, creditors of other users of financial statements
development of constructive proposals on the effectiveness of the activities of economic entities and the improvement
A brief description of the work performed by the auditor
The audit by the employees of the Audit Organization “ORIENT AUDIT GROUP” is carried out in accordance with the Laws of the Republic of Uzbekistan “On Auditing”, “On Accounting”, NSAU of Uzbekistan, NSAD of Uzbekistan, and also in accordance with the internal standards of auditing, and includes:
- audit of cash flows (checking the correctness of cash discipline and banking operations, both in national and in foreign currency)
Audit of TMTs (correctness and reliability of material reports)
audit of payroll and mandatory deductions from the payroll fund, including travel expenses
audit of receivables and payables
audit of financial investments and targeted financing
audit of long-term assets
Audit of settlements with debtors and creditors
Audit of taxation and taxes
-audit of cost estimates
-analysis of financial condition
analysis of compliance with national accounting standards in the Republic of Uzbekistan
- determination of the compliance of financial and business operations with the requirements of the Legislation of the Republic of Uzbekistan.
In addition to the above, the audit includes an assessment of the accounting principles and material estimates applied by the Companies, as well as an assessment of the presentation of the financial statements as a whole. The audit plan is presented to the client’s management for review and amendment.
The audit organization “ORIENT AUDIT GROUP” is liable to the “Customer” in accordance with applicable law.
The proposed audit of financial and economic activities will be conducted by us in order to express an opinion on the financial statements in accordance with national auditing standards, taking into account the requirements of international auditing standards.
The number of regular customers of ORIENT AUDIT GROUP LLC includes ministries, large commercial, financial and manufacturing enterprises, leasing companies.