COMMERCIAL PROPOSAL for legal and accounting audit

In response to your request regarding the audit of the Small Enterprise we present our commercial proposal. We offer a comprehensive approach to auditing the enterprise, as you need to fully understand the weaknesses and potential risks of such a transaction when deciding to acquire the company.

Advantages of Legal Audit for the Company Planned for Acquisition:

1. Overall condition of the company’s paperwork – understanding this criterion will allow you to estimate the actual possible costs of bringing the documentation up to standard;
2. Personnel discipline – sanctions for violations of labor laws have always been present in the business environment of Ukraine. Preliminary information about the state of personnel paperwork is an important criterion for assessing the company’s profitability;
3. Contractual work – checking the thoroughness of contract preparation in the company and the completeness of their presence will ensure confidence in the impossibility of further claims activities by counterparties to the acquired enterprise;
4. Audit of legal disputes – checking past and current legal proceedings will protect against possible surprises in the form of property claims, enforcement proceedings, and other negative consequences;
5. Verification of property title documents and company’s fixed assets – will prevent further possible complications in the management or disposal of the company’s assets.

Simultaneously, the accounting audit also includes:

1. Analysis of the formation of the authorized capital, composition of participants;
2. Verification of debt obligations;
3. Checking the completeness of primary documentation;
4. Analysis of the company’s tax accounting system;
5. Analysis of tax aspects in the company’s activities;
6. Analysis of transactions with related parties;
7. Analysis of the reflection of atypical transactions in tax accounting;
8. Analysis of the correctness of tax and fee accruals;
9. Assessment of potential tax liability risks.

The assessment of the enterprise’s condition and its activities is conducted through an analysis of all aspects of the past, present, and forecasted future business, identifying any potential risks. A lack of proper verification can result in negative financial outcomes, lawsuits, tax and financial audits, and other adverse consequences.

Based on the audit results, a written report is compiled on the legal status of the enterprise’s activities, its actual financial condition, tax accounting status, existing potential consequences, and risks. Following the business audit, the Association of Advocates and Realtors of Ukraine will provide comprehensive recommendations on eliminating identified risks and avoiding possible negative consequences when acquiring the enterprise.