Statutory audit of financial statements
Every company is required to prepare financial statements. In certain cases, the company is required by law to have an audit performed. This is the case when the company is medium-sized or large and meets at least two of the three criteria below for two consecutive years:
More than 15 million euros in net sales;
More than 7,5 million euros balance sheet total;
An average of 50 or more employees.
A statutory audit must be carried out by an audit firm that holds a license from the AFM (Netherlands Authority for the Financial Markets). VHM Audit has held an AFM license to conduct statutory audits since September 2008 and has extensive experience in conducting statutory audits. VHM Audit does this for a large variety of medium-sized and large companies.
Other services
Municipal and provincial grants support organisations, associations and institutions in projects that contribute to regional, social or economic development. These grants are intended to stimulate initiatives that align with the objectives of a municipality or province, such as sustainability, liveability, innovation, culture, sports and social development.
Our experience in auditing and reviewing financial statements comes in handy in any work that requires the examination of financial data and processes.
The European Union encourages organisations to invest in innovation, sustainability, digitalisation, research and social development. To support these efforts, various grant schemes are available that provide financial support for projects with a positive impact.