Audit and Advisory
Quality and Integrity
Through the years, we helped our clients to comply with International Financial Reporting Standards (IFRS) and to improve internal control systems, which would then lead to substantial foreign financing and investments in the market.
The audit professionals of Onch & Company proudly contribute to the integrity and stability of financial markets. Auditing is a highly complex process, and the importance of auditors as a vital link in the financial reporting chain has never been more important, or their role more valued. For that reason, Onch & Company focuses consistently on audit quality and its continual enhancement.
Since 2004, we have been providing external audit services to the biggest international and domestic entities in Mongolia and we are recognized as a trusted professional accounting firm in the market. Through the years, we have helped companies expand their businesses in Mongolia by improving their accounting and internal control systems. In 2010, our audit team audited first ever consolidated financial statements of number of large Mongolian conglomerates in accordance with IFRS. We then assisted many of our clients in adopting the IFRS for the first time to comply with the requirements of international investors and banks.
Over the years, our audit team supported our clients in their debt offerings of $1 billion worth in the international market.