Statutory auditor

Depending on their legal form, certain Luxembourg companies are required to appoint a commissaire aux comptes (statutory supervisory auditor). Appointed by the general meeting, the commissaire is a body of the company vested with a statutory mission of control and supervision. At Ease Advisory, we carry out this mandate in complete independence, in the interest of your shareholders.

What does the mission involve?

The statutory auditor has an unlimited right of supervision and control over all the company's operations. He may inspect, without removing them:

• The books
• The correspondence
• The minutes
• And generally all of the company's records

Each year, before the general meeting, the management body makes the annual accounts available to him. The statutory auditor then draws up a report setting out his proposals and stating the method of control adopted, which is made available to the shareholders before the meeting called to approve the accounts.

Our approach

We carry out our statutory auditor mandate on a regular and independent basis, throughout the financial year. Our work covers:

• Ongoing supervision of the company's operations and management
• Control of the accounts and corporate documents
• Verification of the consistency between the accounts and the information provided to shareholders
• Drafting of the report presented to the general meeting

Which companies are concerned?

The obligation to appoint a statutory auditor depends primarily on the company's legal form:

• public limited companies (SA) must appoint at least one statutory auditor, regardless of their size;
• partnerships limited by shares (SCA) must appoint a board of at least three statutory auditors;
• private limited liability companies (SARL and SARL-S) are only required to appoint one when they have more than 60 shareholders.

The commissaire, whether or not a shareholder, is appointed by the general meeting for a term that may not exceed six years, renewable. We help you determine whether your company is concerned, formalise the appointment and carry out the mission in compliance with the applicable rules.

A guarantee of trust

Beyond the legal obligation, the presence of a statutory auditor strengthens the confidence of your shareholders and partners. It reflects the soundness of your governance and the transparency of your operations. Our independence from the management of the company is the very condition of the value of this assignment.

Not to be confused:

• The statutory auditor carries out a statutory supervisory assignment.
• The approved statutory auditor (réviseur d'entreprises agréé) performs an audit of the accounts.
• The chartered accountant provides advice and assistance.

Let's talk about your mandate