Yes, even if part of our customers reside in Trentino Alto Adige we have always carried out assignments in other regions and in foreign countries as well.
Therefore our Italian, German and English language speaking staff is used to communicate and competing together with our outside partner also in other social economic areas.

In order to avoid any competitive disadvantages with other competitors, transfer expenses are contained within prearranged limits and, depending on the distance, they do not exceed 15-20% of the consulting fees. Except for exceptional cases, this added charges are forfeited guaranteeing therefore that the final cost does not exceed the initial budget.

Yes, with the exclusion only for auditing performed under the law of the Italian stock exchange authority called “Consob”. For all different purposes REVI & Partners has been authorized to perform obligatory audits by the Ministry of Justice with decree 19/03/92.

The reasons for submitting to voluntary audits are basically a question of corporate identity and transparency toward third parties. Most of the time there are grounded motivations which push in this direction. Some reasons can be the followings:

• establishing and maintaining a solid trust with banks and handling out the  lowest interest charge;
• guaranteeing the interests of the minority;
• guaranteeing the own rights in agreements with third parties;
• guaranteeing a buyer in business acquisitions (due diligence);
• guaranteeing the consolidation procedure of the participating company;
• any other need or opportunity to render transparency to the financial statement toward third parties (i.e. banks, suppliers…).

Yes. In this case a limited review- service focusing on specific asset and liabilities- items, is available. At the end of the job we will report to the management with a specific long form report.

The first phase (Interim) is carried out before the closing of the accounts in order to analyze the internal control system and to verify the necessity of changes in audit planning. The final phase is normally carried out before the definitive approval of the financials by the board of directors, in order to allow just in time eventual adjustments. Our philosophy is an open and constructive collaboration with the management in order to sustain the correct process, improve the internal control system reliability and the whole administrative organization. This way, if it is specially requested by the management or if we consider it absolutely necessary, at the end of the job we use to issue a management letter stating our best suggestions to improve the internal control system and data quality.
Other optional services available are as follows: administrative and accounting assistance, EDP system check-ups, tax reviews, check-ups of administrative procedures and reengineering, reporting system accounts, financial consolidation and assistance in different law requirements.

According to the agreement with our client fess remains unchanged normally even in the event of a greater engagement regarding the forecasts. The agreed fees will be reviewed with the client only when a considerable work increase is needed due to unpredictable circumstances, significant changes in the accounting principles or in the ordinary business. In the opposite case that means in the case of a less time consuming task, the auditing fees will be proportionally adjusted.
In our suggestion we include our goals, how the work will be carried out, who will be in charge of the audit, the time necessary to conclude the work and the price. According to our way to operate, these last two aspects usually remain fixed even if, due to external circumstances, they may vary. In particular cases, as for instance a great increase of work due to unpredictable causes, to a substantial worsening of the administrative and accounting organization, or to significant changes in the company activity, we promptly review the compensations with our clients. To the same token, in case of a significant decrease of work required from our staff, we also decrease our compensation.

Except for special works, auditing engagements last tri-annually. The legal auditing can be renovated for only other 2 consecutive trimesters and are normally decided directly during the shareholders meeting. Voluntary auditing could eventually be directly decided by the board of directors.

Yes, but not exclusively. This way we are free to collaborate with other companies and peers according to each singular and particular situation. We have a strong collaboration with affiliated companies in Rome and in other Italian cities. Thanks to their international networks our networking partners  are very helpful when it comes to abroad connections.

Our staff, depending on the job, consisted of between 2 and 5 auditors who have a degree in economics. Our auditors are capable of technical auditing procedures and speak English, German as well as Italian. Some of our auditors are qualified freelancers and chartered accountants.