Audit in Estonia

Audit is the narrowest service on Accountanty for Estonia. Not every small company needs one, and a founder running a simple online business will usually deal with an accountant first. An audit becomes relevant when the company is above the size at which the law requires it, when an investor, lender or parent company asks for one, or when the company holds a licence with its own reporting rules. Ask a firm to confirm which applies to you.

An auditor is independent of the people who keep your books, so expect a separate practice or a separate team. Look on each profile for the industries named, such as crypto, e-commerce or fintech, since some audits need sector experience. Ask how the firm works with a parent company abroad, which language the report is in, and when it needs the records to meet your deadline. Ask whether the engagement letter is a fixed fee or depends on the state of the books.

Accountanty lists 21 firms in Estonia that offer audit: 17 accounting firms, 3 corporate services providers and 1 law firm. Fourteen are small, 2 medium and 5 large networks. Estonian is offered by all 21, English by 19 and Russian by 15, and 16 say they work with foreign clients. Ten publish pricing. Read the Estonia guide and compare practices in Tallinn.