Akkredit Könyvvizsgáló és Adótanácsadó Kft.

A company transformation, merger, or demerger is not only a legal process but also a complex accounting and asset valuation exercise. As part of the transformation plan, draft statements of assets and liabilities and the supporting draft inventories of assets must be prepared. These documents play a key role in determining the asset and equity position of the successor entity. The applicable regulations also require these documents to be audited and impose specific independence requirements on the auditor performing the engagement.

During the audit, we examine the accounting basis of the statements and inventories of assets and liabilities, the proper recognition of assets and liabilities, the treatment of any revaluations, and the correct determination of equity and registered capital. In the case of mergers or demergers, consistent treatment of the predecessor and successor entities’ data and proper documentation of asset transfers are particularly important. The Hungarian Chamber of Auditors also maintains specific methodological guidance for these types of engagements.

Drawing on its experience in auditing corporate transformations, Akkredit Kft. can identify accounting issues already during the preparatory phase that could later hinder the successful completion of the transaction. Our role is not to take over the business or legal planning of the transformation, but to provide an independent, consistent, and professionally sound audit of the required financial documentation. This is particularly important in changes of legal form, mergers by absorption, mergers by consolidation, and demergers, where a true and fair presentation of assets is essential for both owners and creditors.