Article 33. Related services of an audit organization

Aa audit organizations may provide the following related services:

setting up, restoration, conducting accounting and preparation of financial statements, including preparation of financial statements in accordance with international financial reporting standards;

performing the functions of a revision commission (financial inspector) of a legal entity, trustee of investment assets;

advising on accounting and financial reporting;

where an audit organization has a tax consultant on its staff or engages one on a contractual basis, to provide advice on the application of tax legislation, calculations of taxes and fees, and preparation of declarations, as well as to issue an opinion on the fulfillment of tax obligations for a taxpayer whose annual turnover has not exceeded ten billion soums over the last three years and whose tax risk level is assessed as medium, for the period following the last tax audit for which the statute of limitations for claims has not expired, in the event of voluntary liquidation of such taxpayer;

analysis of financial and economic activities and financial planning, including the preparation of business plans, economic, financial and management consulting;

conducting seminars, conferences on accounting, auditing and financial reporting, taxation, analysis of financial and economic activities and financial planning;

developing recommendations for the automation of accounting and financial reporting, information security of financial information;

to carry out an assessment of banksʼ assets and liabilities, as well as off-balance sheet items.

An audit organization may provide other related services stipulated by the standards of auditing.