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
If your company is not subject to a statutory audit and a voluntary audit does not provide the desired added value, an assessment assignment can be a good alternative.
With a project grant, organisations can receive financial support for innovative, sustainable or social projects. Project grants are provided by, among others, governments, foundations and European institutions, helping organisations achieve their ambitions.
An institutional grant is a grant awarded to support the ongoing activities of an organisation, often foundations and associations. Unlike a project grant, which is intended for a specific project or initiative, an institutional grant contributes to the organisation as a whole, enabling it to achieve its objectives over a longer period of time.