Statutory Auditor Services in Colombia
We comply with the legal requirement for statutory auditing through certified public accountants who ensure ongoing oversight of operations and eliminate the risk of penalties from the Colombian Superintendency of Corporations. Complete peace of mind regarding regulatory compliance.
Audit Services That Go Beyond Legal Compliance
Our Statutory Audit service ensures independent oversight of regulatory compliance and strengthens your internal controls. We do more than just meet legal requirements: we identify risks before they lead to penalties, provide you with complete peace of mind regarding your information, and strengthen your corporate governance in the eyes of shareholders and investors.
We work with companies subject to legal requirements, helping them maintain ongoing oversight of their operations in accordance with the accounting, tax, and statutory regulations in effect in Colombia.
What Is a Statutory Auditor in Colombia, and Who Needs One?
A statutory auditor, revisor fiscal in Spanish, is an independent certified public accountant appointed by the shareholders to oversee, throughout the year, that the company operates in line with the law and its bylaws, and to issue an opinion on its financial statements. It is not the company’s accountant: the role exists precisely to check the accountant’s work.
A company must appoint one for two reasons:
- Its legal form. Corporations (sociedades anónimas), branches of foreign companies and partnerships limited by shares need a statutory auditor from day one, whatever their size.
- Its size. Other companies, including the S.A.S., the form most foreign investors choose, must appoint one once, at December 31 of the previous year, gross assets exceed 5,000 monthly minimum wages or gross income for that year exceeds 3,000. For 2026, measured with the 2025 minimum wage, that is COP 7,117,500,000 in assets or COP 4,270,500,000 in income.
Choosing between an S.A.S. and a branch is one of the first decisions a foreign company makes in Colombia, and this is one of the differences. We review it with you as part of company formation.
Benefits of Our Statutory Audit Services in Colombia
We combine rigorous legal compliance with strategic advice that strengthens your business.
Eliminating the Risk of Penalties
We identify compliance violations and regulatory risks before they result in penalties from the Colombian Superintendency of Corporations, the DIAN, or other regulatory agencies. Complete peace of mind regarding legal compliance.
Strengthening Internal Control
We evaluate and improve your internal controls, identify operational weaknesses, and provide recommendations that protect your assets and improve your business management.
Credibility with Third Parties
Certified professional opinions that build confidence among shareholders, investors, banks, and regulatory agencies in the transparency of your financial information.
How We Conduct the Statutory Audit for Your Company
Risk Planning and Assessment
We assess the specific risks facing your company, industry, and operations. We design a customized audit program that focuses our efforts where it really matters.
Continuous Operational Monitoring
We monitor significant transactions, internal controls, and compliance with accounting, tax, and statutory regulations throughout the year. We maintain constant communication with management.
Audit Opinion on the Financial Statements
We audit and issue opinions on financial statements in accordance with current standards, ensuring that the information presented to shareholders and other entities is reliable and reasonable.
Reports to the Assembly and Oversight Bodies
We issue opinions, management reports to the Shareholders’ Meeting, and reports to the Colombian Superintendency of Corporations and other relevant agencies in Colombia.
Why Colombian Companies Rely on Besitz for Statutory Audit Services
Experienced Certified Public Accountants
Over 15 years of experience in statutory auditing of business entities. Valid professional license and in-depth knowledge of legal obligations in Colombia.
A Preventive Approach, Not Just a Reactive One
We don’t wait for problems to arise. We identify risks early on, communicate opportunities for improvement, and eliminate uncertainty before it leads to penalties.
Consulting That Adds Real Value
Beyond legal compliance, our recommendations strengthen internal controls, improve processes, and align oversight with corporate governance strategy.
Ready to Comply with Statutory Audit Requirements and Strengthen Your Company?
Ensure legal compliance with the Superintendency of Corporations and strengthen your corporate governance. Let us provide professional statutory audit services that monitor your operations, eliminate risks, and support your company’s transparency in Colombia.
