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Insurance audit

Today the activity of insurance companies is quite specific and individual.

During insurance there are a number of complicated economic relations with regard to this type of activity.  The level of responsibility of insurance companies is very high, because the problems arising in the company equally affect insurer and insurant.

If you have questions or you have non-standard situation related to:

  • productive payments of insurance money, paid commissions and expenses for business conduct;
  • validity and expediency of income sums formation;
  • optimum use of bonuses reserves on life insurance and technical reserves on other types of insurance;
  • formation and correctness of funds and reserves use:  authorized and reserve funds of the current receipts, preventive activities, investments;  
  • determination of paying capacity and financial stability of insurance company;

Our specialists: 

  • Will check the initial, accounting and financial documents and operations, made on the basis of these documents;
  • Will express an opinion with regard to reliability of financial (accounting) statement, reflection of these operations in the accounting and tax accounting;
  • Will express an opinion with regard to completeness and reliability of sums included into:

-insurer’s incomes (insurance premiums on insurance and re-insurance, received commissions and brokerage remunerations, incomes from investment activity and other incomes from insurance activity);

-incurred expenses (payments of insurance reimbursement, paid commissions and brokerage remunerations, expenses for business conduct);

  • On correctness of insurance reserves formation, the reality of disclosed and recorded results in the financial statement.  
  • Will give recommendations with regard to organization of internal control and improvement of disclosed mistakes;
  • Will check the charge and payment of taxes and duties, validity of tax remissions use, correctness of tax declarations, will assess the tax risks; this will allow to minimize the risks during payment of taxes and to prevent conflicts with fiscal bodies.
  • Will provide consultations with regard to accounting maintenance, preparation of financial (accounting) statement.
  • Will provide recommendations with regard to application of estimates plan of accounting of economic activity of insurance organizations, approved by the order of the Ministry of Finance of Kyrgyz Republic as of 30 June 2005.
  • Will express an opinion with regard to financial condition and will give recommendations on extension of financial reliability in accordance with Instruction “On prudential standards for insurance organization and provision of statement execution of prudential standards”, approved by the order of the Ministry of Finance of Kyrgyz Republic as of 20 August 2004.

If you would like to know the cost of our services we kindly ask you to fill in necessary paragraphs of the application form and send it to us at:  office@marka-audit.ru (Moscow), marabi@ktnet.kg (Bishkek), marka-audit-kz@mail.ru (Almaty).

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Russian Federation, 107031 Moscow,
Zvonarskyi lane 5, building 2
Telephone: +7 (495) 258-3562
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E-mail: office@marka-audit.ru
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