We Help You with ISAE 3400 (COS 3400) Assurance Reporting
ISAE 3400 Assurance Report and the Examination of Prospective Financial Information for Your Financial Needs
At KC Accounting, we provide ISAE 3400 assurance reports to support your business in the Netherlands. Whether you are applying for a subsidy permit or issuing a prospectus, you may be required to submit an auditor’s report to verify your financial data. Our team of experts is here to help you meet this requirement.
The ISAE 3400 Assurance Report is a crucial document that provides an independent auditor’s opinion on your prospective financial information. This report is prepared according to the international ISAE 3400 (International Standard on Assurance Engagements) standard, which in the Netherlands is also referred to as COS 3400. This ensures that your financial data is accurate and reliable. The report is signed by a Dutch Chartered Accountant (RA/AA).
When is an ISAE 3400 Report Required?
The ISAE 3400 statement is often required by:
- Government Agencies and Subsidy Providers: When applying for subsidies from organizations such as the European Union, the Dutch government, or specific funds, an ISAE 3400 statement is often mandatory to verify the prospective financial information provided.
- Permit Authorities: For certain permits, such as environmental or building permits, an ISAE 3400 report may be necessary to confirm the financial feasibility of your company’s future operations.
- Financial Institutions: Banks and other lenders may request an ISAE 3400 statement to assess your company’s future financial viability before granting loans or financing.
- Investors and Business Transactions: The report may also be requested voluntarily by investors or during business acquisitions. It can serve as a basis for valuations and provide assurance to various stakeholders in situations involving mergers, takeovers, or other corporate finance activities.
What Does the ISAE 3400 Report Include?
An ISAE 3400 assurance report provides confidence to stakeholders by giving an independent professional assessment of your prospective financial information. This is especially important when you need to demonstrate the reliability of future financial projections to secure funding or obtain regulatory approvals.
At KC Accounting, we specialize in the examination of prospective financial information, helping your business present reliable forecasts and projections to lenders, investors, and government bodies. Whether you need a forecast audit, prognosis assurance, or a general accountant’s report, we ensure that your prospective financial data meets all required standards.
Why Work with KC Accounting?
Our experienced auditors provide tailored assurance services to businesses of all sizes, ensuring compliance with international and Dutch reporting standards. We understand the complexities of Dutch financial regulations and are here to guide you through the process from start to finish.
At KC Accounting, we offer:
- Expertise in ISAE 3400 assurance reports
- In-depth knowledge of Dutch subsidy and permit requirements
- A proactive approach to helping your business meet financial obligations
If you need an ISAE 3400 assurance report or have questions about your reporting requirements in the Netherlands, we are here to help.
Essential Takeaways for ISAE 3400
- Scope of the Report: ISAE 3400 engagements focus on the examination of prospective financial information, which includes forecasts, projections, and related assumptions. This is critical in situations where future performance is key for stakeholders, such as in investor relations or regulatory submissions.
- Level of Assurance: An ISAE 3400 report provides either limited or reasonable assurance on whether the prospective financial information has been prepared based on assumptions that offer a reasonable basis for the forecasts.
- Stakeholder Confidence: The ISAE 3400 report is not only relevant for government regulators but also for investors, shareholders, lenders, and other stakeholders. It provides an independent evaluation of the financial projections, giving assurance that the assumptions and forecasts are grounded in realistic expectations.
Your key contact
Rutger Koelewijn
Business Advisor & Accountant (MSc RA CIA)
Need help quickly?
Download the latest on financial reporting
Find out the latest updates on reporting requirements in The Netherlands.
Our company.
Your excellent results.
KC Accounting is ambitious, cliënt-centric, with a strong focus on results. Our advice is specific. Our service is hands-on.
Support for companies from Central Europe and Eastern Europe
KC Accounting works on behalf of companies from Germany, Austria and Switzerland. But we also have clients from Armenia, Kazakhstan, Russia, Azerbaijan, Uzbekistan, Georgia and Ukraine.
Complete in incorporation services. KC Accounting offers it under one roof
Finance, tax, legal, accountancy and payroll services: we offers all these services under one roof.
Based in Amsterdam. Your entry point to the Dutch and EU business markets
KC Accounting is located in the World Trade Center (WTC) Amsterdam. It is close to Schiphol Airport and ten minutes from the historic city centre of Amsterdam.
Looking for other services? We are ready to assist in the following:
Get in touch
Responsible. Responsive. Pragmatic. Professional. That is KC Accounting,
the go-to international boutique accounting firm in the Netherlands