Can the LLC member order the financial audit of LLC? Upon which terms?

The financial audit of the company can be arranged due to request of any member of that company with the chosen professional auditor.

This professional auditor is not to be connected by the property interests with the Company itself, with its members of the board of directors (supervisory board) and a person who is the sole executive body of the Company, with the member of Collegial Executive Body of the Company and its members in general (article 48 of the Federal Law “Concerning Limited Liability Companies” No.14-FZ dated 08.02.1998).

In case of financial audit the auditor services are to be paid at the expense of that person who had ordered it. The expenses spent for the auditor services can be reimbursed by the decision of the general company participants’ meeting and can be at company’s expense.

©Professional consultation of the “RosCo” company

Date of foundation
company «ROSCO»
Membership in professional organizations:
SRO NP «Audit Chamber of Russia»
(Certificate No 1809 dated 28.12.2009)
Chamber of Tax
(Certificate No 78)
NP «Partnership of RSE»
(Russian Society of Evaluators)
Membership in public association:
Moscow Chamber
of Commerce and Industry
(Certificate No 123-973 dated 21.12.2009)
Partnership of Turkish Entrepreneurs (RTIB)
(as per the results of 2009 -
is included in the register of reliable enterprises of Moscow
Certificates of conformity:
Certificate of conformity to the requirements of GOST R ISO 9001-2008 (ISO 9001:2008)
is insured