Reliable Contract Evaluation and Financial Covenant Verification in Slovakia

Financial covenants are a standard component of most loan agreements. Banks often require regular annual or quarterly verification that a company remains compliant with agreed financial ratios or terms. This verification typically involves a review by an independent auditor to confirm the accuracy and completeness of reported numbers.

How BDO Supports Covenant Review and Compliance

At BDO Slovakia, we provide expert covenant review services to ensure your company meets lender expectations and regulatory obligations. Our team reviews your covenant compliance certificate and related documentation to verify alignment with the loan agreement. Once verified, we issue an independent report confirming the accuracy of the information, ready for submission to your financing institution. 

We also assist in evaluating contract terms, advising on the appropriateness of accounting policies used in covenant calculations, and reviewing financial projections to assess the likelihood of future compliance.
 

Our services include

 

• Assurance of Reported Numbers
  Independent confirmation of financial data used in covenant reporting.
• Future Covenant Compliance Reviews
  Analysis of financial projections and stress testing to evaluate future adherence.
• Contract Evaluation and Bank Negotiation Support
  Assistance with interpreting covenant terms and advising during lender discussions.

BDO provides peace of mind with expert covenant review services in Slovakia. We help ensure compliance with covenants, validate your reporting, and support effective communication with your financial partners.