Financial audit

Audit services

The audit team at Niveus provides complex audit services for companies in Hungary.

Audit has been a dynamically growing business line for us since 2022, with a professional team of 15 people. Our experts have significant experience and support our medium-sized and large corporate clients in both Hungarian and English.

• Business value creation: a complex approach that goes beyond the numbers. In our service, the objective is not only to examine compliance. We also help you interpret your financial data from a business perspective, drawing your attention to risks and opportunities.
• Maximum professional preparedness with a large-corporate background. Our senior, registered auditors have significant experience with large companies, ensuring a high standard of work.

We also have a registered chamber member auditor with a sustainability qualification, enabling us to support companies subject to ESG obligations in the assurance of their sustainability reports.

The earlier the engagement is concluded, the more time is available for preliminary steps that help make the post-closing audit smooth and efficient.

Request a proposal now and ensure a calm year-end closing for your company.

Comprehensive audit services: everything you expect from an audit firm

In Hungary, the purpose of an audit is to determine whether financial statements prepared in accordance with accounting legislation provide a true and fair view of the assets, financial position and income situation of your business.

Our Budapest-based audit firm offers professional audit solutions nationwide.

Audit

• Audit of annual financial statements prepared under the Hungarian Accounting Act: Professional audit of standalone financial statements in accordance with applicable legislation.
• Audit of consolidated annual financial statements: Audit of consolidated financial statements of corporate groups.
• Audit of reporting packages prepared by the Hungarian subsidiary of an international corporate group: Audits under IFRS and Hungarian accounting standards.
• Audit of transformation balance sheets and asset inventories: Audit services in connection with transformations and mergers.
• Review of in-kind contribution valuation: Professional review of the valuation of assets contributed to companies during capital increases.
• Audit of other financial statements, such as interim balance sheets and foreign currency conversion balance sheets: Audit of special financial statements.
• Agreed-upon procedures: Review of grant funding and other agreed-upon procedures.
• We also have a registered chamber member auditor with a sustainability qualification, enabling us to support companies subject to ESG obligations in the assurance of their sustainability reports.

Other services

Our audit firm also provides the following supplementary services:

• Preparation of financial statements and consolidated financial statements under IFRS and the Hungarian Accounting Act.
• Assessment and optimisation of client processes: internal control development and efficiency improvement.
• Preparation for transition to IFRS: impact assessment, preparation of IFRS accounting policies and support for the transition.
• Preparation of hedge documentation: support in preparing the hedge documentation required for hedge accounting.

Due diligence

• The purpose of due diligence is to identify risks related to the target company and provide a comprehensive overview for the investor in order to support the investment decision.
• As part of our due diligence services, we identify the financial, asset-related, operational and tax position of the company under review. We determine the key risks and the factors that may modify the purchase price or, in certain cases, prevent the transaction from being completed.
• As the result of the due diligence process, we deliver a detailed financial, asset-related, operational and tax due diligence report, while also providing ongoing consultation opportunities for the investor or seller to discuss any questions that may arise.

Our clients trust us beyond audit services

The professional team at Niveus has been providing reliable advisory services for more than a decade and a half. Client feedback shows that our professional attitude, precise work and attentive approach are guaranteed across all of our service areas, including our audit services.

“Niveus delivers precise results through fast and efficient cooperation, and the quality has not faded over time.”

RAVAK Hungary Kft.
Mónika Hegedűs, HR and Organisational Development Manager

“I have worked with accounting firms for more than 25 years, but the most client-oriented, helpful and at the same time accurate and precise service I have received was from Niveus. I was assigned a dedicated contact person for both accounting and payroll tasks, and either I was very lucky, or everyone at the company really is this kind and helpful. I am happy to work with Niveus.”

TMDM Informatika Kft.
Tamás Szilágyi, CEO

“Niveus has been very helpful and knowledgeable in helping us set up a company in Hungary for the first time, helping us understand Hungarian rules and regulations, and keeping us compliant.”

Iridium Hungary Kft.
Rachel Ekins, Financial Controller

Audit firm in Budapest, with services available throughout Hungary

Would you like to find out how the Niveus audit firm can create value for your business? Join our satisfied clients.

Whether you need an audit of annual financial statements or an individual agreed-upon procedure, the Niveus audit firm is your reliable partner in Budapest, with accounting services available throughout Hungary.

We prepare a personalised proposal for our audit fees and services.

Get in touch with us today.