It involves rendering an opinion on financial statements prepared in accordance with accounting principles relevant to the entity, whether in accordance with International Financial Reporting Standards, US Generally Accepted Accounting Principles (US GAAP) or accounting principles generally accepted in a specific country.

 

The services are delivered under auditing standards in Egypt.

It also includes services such as reviews of interim financial statements, issuance of consents and comfort letters, audits of statutory financial statements, compilations, reviews, reporting on internal control as part of the financial statements audit, advice on application of accounting principles and rules in conjunction with financial statement audits.