Our specialization

MAF AUDITORES, besides covering with its service offer all the professional needs that any company requires, has a marked specialization in certain areas, backed by a long career and experience in them.

Currently, in the globalized world in which companies operate, it is necessary to have knowledge of all areas related to their activities; nevertheless, it is an uncontested fact that:

  • Specialization bolsters knowledge.
  • Specialization improves efficiency.
  • Specialization boosts results.
  • And, in brief, specialization makes the difference of any business.

That is why, besides providing services which satisfy all the professional needs required by any company, MAF AUDITORES also has a noticeable specialization in particular areas, guaranteed by a long development and experience in those areas. This specialization makes the difference between us and other auditing firms.
We could define our specialization areas within the following sections:
AUDIT OF GRANTS BELONGING TO THE SEVENTH FRAMEWORK PROGRAMME.
AUDIT OF GRANTS AWARDED TO NGOs.
AUDIT OF AGRICULTURAL COOPERATIVES.
AUDIT AND ADVISORY SERVICES FOR IRRIGATION COMMUNITIES.
AUDIT OF SPECIAL EMPLOYMENT CENTRES.
ADVISORY SERVICES FOR SUBSIDIARIES OF FOREIGN COMPANIES.

MAF AUDITORES has a broad experience reviewing evidencing accounts of RDI programmes financed by the European Commission result of the large number of inspections commissioned by different European Union agencies and belonging to several projects of the 6th Framework Programme (more than 42 audits, corresponding to more than 95 projects).

Read more about Our experience with the European Commission.

MAF AUDITORES provides all the auditing services specifically required by the 7th Framework Programme, as well as other services aimed at improving the administrative and accounting procedures determined by the recipient for the calculation of cost, in order to minimize any risk of conflict with the European Commission which could arise during the justification stage.

We could classify the services we offer the recipients of the grants belonging to the 7th Framework Programme into two groups:

  • ISSUE OF CERTIFICATES WHICH COULD BE REQUIRED BY THE EUROPEAN UNION:
    • CFS: Certificate on the Financial Statement (if the community grant exceeds € 375 000).
    • CoM: Certificate on the Methodology for Personnel and Indirect Costs.
    • COMAV: Certificate on the Methodology for Average Personnel Costs.
  • OTHER WORKS WHICH ARE NOT REQUIRED BY THE EUROPEAN COMMISSION, BUT ARE USEFUL FOR INTERNAL USE OF THE RECIPIENT:

Review of documentation evidencing the expenditures charged to European Commission projects, in which auditing certificates are not required.

Review of administrative and accounting procedures, in order to verify their suitability to generate a documentation allowing the appropriate justification of costs charged to the project.

Expenditure calculation based on the general accounting data.

From January 2014, the 7th Framework Programme will be replaced by the HORIZON 2020 Programme.