Internal Audit and Financial Control

Ekspo Faktoring is firmly committed to the principles of openness, accountability, and transparency. The integrity of its financial information is ensured through comprehensive internal and external audits.

Audit activities at Ekspo Faktoring are carried out by qualified and experienced teams specializing in both internal and external audits. Internal auditing is managed by the Internal Audit and Financial Control Department, while external audits are conducted by two of the industry’s leading independent auditing firms.

Since its establishment, Ekspo Faktoring has executed its internal audit and financial control processes flawlessly through in-house experts. Ensuring full compliance with the current Factoring Regulation is viewed not just as a legal obligation but as an integral part of the company’s financial and operational strategy.

The Internal Audit team conducts independent reviews across financial, operational, and other areas, with results coordinated and evaluated by company management and relevant departments. When necessary, findings lead to strategic and procedural improvements.

Each year, the Financial Control function—handled by the Internal Audit and Financial Control Department—includes the review of financial statements prepared in accordance with IFRS and BRSA regulations. It also involves the accurate and timely preparation, submission, and database upload of monthly reports to the Non-Bank Financial Institutions Supervision System of the BRSA.

External audits, conducted annually by two leading independent audit firms, examine the company’s financial and tax statements. The results are submitted to the BRSA and the Ministry of Finance within legal deadlines. Independent Audit Reports are prepared in both IFRS and BRSA formats and are presented to stakeholders annually.