Role of the Statutory Auditor in Morocco
is to ensure compliance with legal standards. In other words, his mission consists in controlling the regularity, the sincerity and the true and fair view of the entities he controls. As such, he plays the role of legal or contractual auditor: accounting analysis, financing strategy, legal set-up…
Auditing is a regulated profession, which means that only professionals registered with the Order of Chartered Accountants can practice it.
The mission of the auditor is governed by law and is subject to independence, deontology and ethics.
This contractual auditing mission consists in :
- Expressing an opinion on the regularity, sincerity and true and fair view of the annual accounts,
- Verify the fairness and consistency of the financial information provided to the general meeting with the annual accounts,
- To reveal any criminal acts of which it has knowledge,
- To have a right of alert and to communicate consequently with the Commercial Court of the possible steps in progress,
- To issue certificates.
They may also request:
- To certify interim accounts,
- To give an opinion on projected accounts,
- Certify grants,
- Carry out acquisition audits,
- Carry out an audit of consolidated accounts, etc.
In addition to these legal missions, our teams can and have the know-how to intervene on the following missions :
- Audit of customs or DGI categorization;
- Association audits (agreed procedures);
- Mergers and Acquisitions or merger acquisition;
- Contractual audit (competitive audit, merger, transformation, absorption, consolidation);
- Merger auditor;
- Transformation auditor;
- Contribution audit (land, buildings, or shares);
- Internal control mission (audit of procedures, fraud analysis…);
- Simplified VAT refund ;
At the end of the mission, the Auditor writes a general report in which he states his conclusions.