Accounting and Audit
Our aim is to provide to our clients with the high level of services. We have facilities to assist our clients with the preparation of the accounting records of their companies. Our multilingual staff makes it possible to service clients in various languages, including English, Greek and Russian. Multilingual staff makes it easier for our clients to communicate the accounting issues and problems as well as documents such as agreements, contracts, invoices, required for the accounting records do not need to be translated.
We use professional accounting software for recording and keeping proper accounting records, which allow us to extract various reports, have management accounts on ongoing basis.
We prepare for Cyprus Companies, and if required, for the companies of other jurisdictions, yearly financial statements in full compliance with IFRS. We can issue commercial or proforma sales invoices based on instructions received from our clients, also if the client requires we distribute such invoices according to directions received via fax, mail, e-mail courier services, as well as record such invoices in the accounting records of the company.
Our program allows preparing bank reconciliations and bank movement reports if required by the client. We also assist our clients with the obtaining VAT number, as well as following all the regulations of the VAT reporting, assist in preparation of VAT forms and submitting to the relevant Authorities.
Depending on your needs and requirements we can arrange the auditing of the financial statements by the big four accounting companies or if it is not required and you wish to keep the expenses low we can suggest you the local company, which for low cost will provide an independent audit of your company.
In this case low cost doesn't mean low quality.
Our services include:
- Maintenance of proper accounting and related records in any major currency
- Preparation of periodic management accounts and other reports
- Assistance in the preparation of financial statements based on International Financial Reporting Standards (IFRS)
- Provision of advice on accounting matters
- Issuance of sales invoices
- Preparation of bank reconciliations
- Preparation of reconsolidated, group accounts
- VAT preparation and reporting