There’s consensus among business people who are required to order an audit, review or other audit engagement: it is hard to find an auditor and the prices of audit services have risen significantly.
It is currently a golden era for fraud but harm caused by bad actors is preventable if you regularly perform checks on business partners and clients and keep alert to specific warning signs, panellists on the Äripäev business daily radio programme “Kasvukursil” said.
Proper and smooth stock-taking is often seen as being the tedious duty of accountants, and a process that obstructs the company’s activities for a few hours or days. In reality, stock-taking does not just concern accountants and can be organised more effectively and reasonably by focusing on the most important things.
In an era when new and profitable opportunities keep on presenting themselves for investing and many of these are not supervised by Financial Supervision Authority or other regulator, be on the lookout for specific red flags in order to prevent fraud.
Bert Haabu, our audit assistant manager, successfully passed the sworn auditor exam in December 2022 and became a sworn auditor. Congratulations, Bert!
This November, the Nasdaq Tallinn exchange’s alternative market First North started trading of the shares of the only Baltic pharmaceutical company J. Molner. Grant Thornton Baltic auditors had an important role in laying the groundwork for J. Molner’s market debut.
Tartu is nicknamed the city of good ideas. In Grant Thornton Baltic’s office in Tartu city centre there are not only good ideas but good specialists, satisfied customers and high-quality services.
For Grant Thornton Baltic OÜ, the 2021/2022 season in Estonia was very successful - our turnover increased by 24% compared to the previous financial year. The impressive growth took us to the second place in the ranking of auditing companies compiled by business newspaper Äripäev.
In our new videos, you can learn about Grant Thornton Baltic's main areas of activity - accounting, auditing and advisory - as well as our culture: yes, we are not dry numbers people, but we appreciate humor, and we are helpful and solution-seeking with both clients and colleagues.
The audit requirement recently applied to crypto companies will notably increase the workload of auditors who are expected to provide a service that is largely lacking in Estonia currently.
The sample of Grant Thornton's recent interim report with comments has been prepared in accordance with all the latest amendments to IFRS and is a good assistant in preparing IFRS interim reports.
An Estonian health tech Robus Group AS will be holding its initial public offering on the Nasdaq First North alternative market in April. Grant Thornton Baltic made a contribution to Robus going public, conducting the audit of the company’s financial statements.
Grant Thornton Baltic’s Estonian audit team received the best possible rating – green level – in the Auditing Activities Oversight Board’s (AJN) regular quality control inspection.
Grant Thornton Baltic was recently again able to contribute to a market debut for an Estonian company: our auditors conducted a financial audit of a producer of high-tech ventilation systems, Airobot Technologies, which as of 10 February is listed on Nasdaq First North.
The auditors of Grant Thornton Baltic audited the 2020 IFRS annual report of the public interest entity UPP Olaines OÜ consolidation group.
Conversing with Tarmo Rahkama, his desire for challenges and excitement quickly becomes plain. He talks passionately about his career as a sworn auditor, doing packaging audits and being a track and field (athletics) umpire. The conservation also swings to the subject of the best recent theatre productions and tennis.