Austrian consulting and auditing company IB Interbilanz audit report released financial information Foundation BrainBasket Foundation for 2014 and 2015 years. In it the company confirmed the accuracy of financial statements of the Foundation and that the give in all material respects a true and fair view of the financial position of the BrainBasket Foundation.
The audit was performed in order to obtain reasonable assurance about whether the annual financial statements, based on the accounting records, comply with the legal regulations and whether the annual financial statements comply with the principles of proper accounting and reflect fairly the assets, liabilities, equity and financial situation of the Company.
The nature and extent of the audit complied with the Accounting Regulations (Standards), Law on Auditing Activity and International Standards on Auditing (ISA). We required all the information necessary for the audit of the annual financial statements in accordance with our obligations. The audit was performed on a sampling basis in consideration of the principle of materiality.
The origin of the IB.Group is the accountancy and tax consultancy IB Interbilanz Vienna which was established in 1949. Since 1991, we have been expanding into other Central and Eastern European countries and today our 300 employees serve around 2300 clients in 8 countries – Austria, Croatia, the Czech Republic, Serbia, Slovakia, Slovenia, Hungary and Ukraine – making us specialists in the region.