COMMERCIAL OFFER FOR THE AUDIT OF LLC       

Dear Sirs!
We, «Audit ITG» Russia, Moscow, are happy to offer you once again high quality auditing services for 2010 at the most profitable conditions. In addition to standard auditing, you will receive high level tax and legal consultations, including services on the transformation of financial accounting made up according to Russian accounting standards for 2010 into the format of IRFS. 
The auditing shall be held by at least one Doctor of Philosophy, highly qualified lawyer, tax adviser. By the end of the auditing, you will receive written information including the description of revealed risks for your Companies.
The auditing shall be held in accordance with the Russian Federal law dated 30.12.2008 № 307-ФЗ «On Auditing Activities», federal rules (standards) of auditing activities established by the Decree of the Government of the Russian Federation dated 23.09.2002 № 696, internal standards of the auditing company.
We are performing our activities in the field of auditing basing on license №  Е 007679 issued by the Ministry of Finance of Russia on November 25, 2005 (order № 307), and basing on the membership in  а self-regulated organization Moscow Auditing Chamber (МоАP). «Audit ITG» has a certificate of quality of auditing services issued by MoAP.
In the new year our Company is providing a discount for you.
The cost of auditing for 2010 shall amount to 200.000 rub.
By the wish of the Customer, auditing may be held in several stages.
The auditing shall have a complex character and shall include:

Audit of the system of internal control and evaluation of the risk of internal control by the way of testing

Specialists shall define the possibility of timely detection of arising errors by the system of internal control that exists at the enterprise and by applicable methods of accounting and tax recording system.

Audit of the system of accounting

In order to evaluate the level of reliability of accounting systems of the Customer and verify the faithfulness of annual accounting reports, it is supposed to audit (including but not limited to):
1. Foundation documents and protocols 
2. Accounting policies
3. Faithfulness of inventory accounting
4. Non-material assets
5. Basic assets
6. Non-completed construction
7. Financial investments
8. Cash and bank transactions
9. Stocks
10. Borrowed assets
11. Accounts receivable
12. Accounts payable to suppliers and contractors
13. Accounts payable for labor remuneration
14. Accounts payable for social insurance and social security
15. Tax obligations and accruals
16. Reserves for risk assets, for costs to be incurred
17. Capital and the fund of labor and payroll accounting
18. Cost accounting
19. Revenue accounting
20. Extraordinary income and expenses
21. Operating income and expenses
22. Intra-organizational settlements
23. Off-balance sheet liability

The auditing shall be performed in order to express opinion regarding the fullness, timeliness, accuracy of the audited Company’s recording of property, expenses, revenues and financial results of activity. Special attention shall be paid to the observation by the Company of legislative requirements, regulating rule for accounting and recording. In order to check the availability of significant misstatements or other financial problems in accounting, analytical procedures shall be widely applied.

Audit of correlation of economic transactions performed with current legislation, including currency legislation

The audit shall include detailed analysis of treaties, contracts and agreements concluded by the Customer and the correlation of economic transactions performed with current legislation. Auditing shall also be performed in regard to the Company’s currency transactions in view of their compliance with the requirements of currency legislation of Russia.

Audit of tax accounting and analysis of the Company’s tax policies

Alongside with the auditing of accounting records, the Company’s tax records shall be also audited in order to define the faithfulness of tax registers and correspondingly tax liabilities. This stage of auditing shall include detailed analysis of tax liabilities of the Customer.

During the auditing and basing on its results the Customer is entitled free of charge to the following:
receive from the Contractor information about legislative and normative acts of the Russian Federation his conclusions are based at;
receive consultations on tax and accounting issues regarding current activities;
receive legal consultations on issues regarding current activities;
receive the auditors’ recommendations regarding the introduction of amendments in accounting, recording and documents in order to avoid risks for the Company.

Head of auditing Maslenikova Anna Alexandrovna

auditor's qualification certificate for the right of performing auditing activities in the field of general auditing № К 017062 (Decision of Central Certification and Licensing Audit Commission of the Ministry of Finance of Russia № 90 dated March 29, 2001), without restriction on the period of validity.

Мы предлагаем аудит бухгалтерского документооборота, налоговых платежей и учетной политики по налогам (tax policies).