Audits in Poland are mandatory only for certain forms of companies. According to Polish law, the following companies are subject to a mandatory annual audit:
– Companies with assets of more than PLN 2 million or sales revenue of more than PLN 4 million.
– Companies that are public joint stock companies.
– Companies controlled by the state or local government.
– Companies that have received state aid.
– Companies operating in certain industries, such as banking, insurance or securities. In addition, some companies may be required to undergo a mandatory annual audit by a court or tax authority.
The report on the mandatory annual audit must be prepared by an audit firm and submitted to the tax authorities within 6 months after the end of the reporting year.