We audit about thirty banks in Croatia, where we apply the same or very similar criteria for classifying asset risk as in other transition countries and the West. Applying the same criteria enables our clients to join international capital markets on equal terms. If we had more rigorous criteria, that would not be the case, and Croatian banks would immediately suffer higher interest rates and financial costs. All over the world, including here, central banks are the most rigorous. Auditors are always torn between the bank's directors and central bank supervisors.
Auditors investigate and assess the financial situation.
They do not analyze, and they do not comment.