Audit engagement

The audit obligation is if

Exceed 2 of the indicators

1) sales revenue or income of 4,000,000 euros;
2) assets totaling 2,000,000 euros as of the balance sheet date;
3) average number of employees 60 people

 

1 indicator exceeds

1) sales revenue or income of 12,000,000 euros;
2) total assets as of the balance sheet date of 6,000,000 euros;
3) average number of employees 180 people

 

The duty of inspection is if

Exceed 2 of the indicators

1) sales revenue or income of 1,600,000 euros;
2) assets totaling 800,000 euros as of the balance sheet date;
3) average number of employees 24 people

 

1 indicator exceeds

1) sales revenue or income of 4,800,000 euros;
2) total assets as of the balance sheet date of 2,400,000 euros;
3) average number of employees 72 people.

The change entered into force on 01.01.2016. You can find the audit calculator from here.