Updated Mar 23, 2026 by PCF Group
The 2021 consolidated financial statements for PCF Group Spółka Akcyjna received an unqualified audit opinion, confirming they are free from material misstatement and compliant with IFRS and Polish statutory requirements.
Auditors verified the valuation and impairment testing of goodwill totaling PLN 54,604 thousand, which arose from the acquisitions of Game On Creative Inc., Incuvo S.A., and Phosphor Games, LLC.
Revenue recognition processes were subjected to rigorous scrutiny due to the complexity of multi-element client contracts, variable consideration, and specific performance obligations.
Management’s accounting estimates regarding bonuses, warranties, and contract modifications were reviewed and deemed adequately disclosed in notes 3 and 9 of the financial statements.
The audit was conducted in accordance with Polish law for public-interest entities and EU Regulation 537/2014, with the audit firm maintaining full independence and providing no conflicting non-audit services.
The engagement covered the 2019–2021 fiscal period, with the auditor retained for the 2022 fiscal year to ensure reporting continuity.
The 2021 consolidated financial statements for PCF Group Spółka Akcyjna received an unqualified audit opinion, confirming they are free from material misstatement and compliant with IFRS and Polish statutory requirements.
Auditors verified the valuation and impairment testing of goodwill totaling PLN 54,604 thousand, which arose from the acquisitions of Game On Creative Inc., Incuvo S.A., and Phosphor Games, LLC.
Revenue recognition processes were subjected to rigorous scrutiny due to the complexity of multi-element client contracts, variable consideration, and specific performance obligations.
Management’s accounting estimates regarding bonuses, warranties, and contract modifications were reviewed and deemed adequately disclosed in notes 3 and 9 of the financial statements.
The audit was conducted in accordance with Polish law for public-interest entities and EU Regulation 537/2014, with the audit firm maintaining full independence and providing no conflicting non-audit services.
The engagement covered the 2019–2021 fiscal period, with the auditor retained for the 2022 fiscal year to ensure reporting continuity.