Since 2007, Magic Consulting Audit LLC has been providing audit and assurance services to enterprises and organizations in various sectors, including foreign trade, mining, construction, manufacturing, communications, and services.
The company operates with four offices located in Ulaanbaatar, Darkhan, and Erdenet, employing more than 40 qualified professionals.
The high quality and effectiveness of our audit services reflect the expertise and teamwork of our audit professionals. Our team consists of certified accountants and economists with extensive experience working for the Big Four audit firms and performing audits for Mongolia’s TOP-100 enterprises.
We continuously enhance our auditors’ skills through ongoing professional training focused on updates to IFRS, legal frameworks, audit methodologies, and industry-specific practices.
44%Certified Public Accountants (CPA) |
28%Licensed Auditors |
22%Certified Tax Consultants |
Our Achievements
Since 2015, we have been consistently ranked among the Top 20 audit firms in Mongolia.
Professional Services
Our auditors and consultants aim to prepare audit reports that meet the specific requirements of investors, shareholders, lenders, and relevant legal and regulatory bodies, based on the information provided by our clients.
To provide the final assurance on the accuracy and reliability of financial statements, auditors perform specific procedures in accordance with International Standards on Auditing, maintaining independence and upholding professional ethics.
We offer internal audit services to help businesses strengthen internal controls and ensure smooth financial operations by identifying and addressing potential weaknesses in their internal systems.
To provide a moderate level of assurance on financial statements, our auditors perform specific procedures in accordance with the International Standard on Review Engagements (ISRE) and issue an independent conclusion based on their findings.
We study our clients’ accounting processes to assist in the application of International Financial Reporting Standards (IFRS), provide professional advice to management and shareholders in modeling financial operations, and support the selection and implementation of appropriate accounting policies.
10 Reasons to Choose Magic
ACHIEVEMENTS – APPROACH – EXPERIENCE – TECHNOLOGY – TRAINING & DEVELOPMENT
01. Since 2015, we have been continuously ranked among Mongolia’s Top-20 audit firms.
02. Selected as the Best Employer Audit Company in 2016.
03. Over the years, our clients have included companies listed among Mongolia’s Top-100 enterprises selected annually by the Mongolian National Chamber of Commerce and Industry (MNCCI).
04. Magic’s audit methodology is tailored specifically to the characteristics of your organization’s operations.
05. We conduct annual assessments of our audit team’s ethics, conflicts of interest, and independence.
06. Our senior audit professionals have gained experience working with international accounting and audit firms.
07. We have implemented eco-friendly “green” technologies, including digital archiving and e-reporting systems.
08. To enhance audit efficiency and speed, we utilize proprietary software developed in-house.
09. Our professionals receive continuous training on IFRS updates and legal changes.
10. We annually organize integrated training for our clients to help them apply audit recommendations effectively.
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