Cyprus Accounting & Audit services
Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis.
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised.
According to Cyprus’ Companies Law, all companies incorporated in the Republic of Cyprus have an annual obligation to submit to the Registrar of Companies and the Inland Revenue its audited financial statements. Our audit approach is tailored to each client’s circumstances such as, the industry sector in which they operate, their size and operations as well as their legal status. It draws upon our technical know-how and experience on ISAs, IFRSs, and legislation.
For every business, Internal Auditing is an assurance and consulting activity that adds value and improves an organization’s operations. It is designed to help an organization accomplish its strategic objectives by bringing a systematic, disciplined approach by evaluating and improving the effectiveness of risk management, control, and governance processes.
Special Purpose Audits
We can provide the following at your request:
- Special investigations and/or consultation
- Preparation and documentation of internal procedures and processes in accordance with client needs and in accordance with regulations
- Design and implementation of internal audit programs
- Investigation of internal audit functions
- Audit the current system and highlight areas of improvement
- Preparation of internal audit reports for management use and for company internal audit committees
- Evaluation of the systems in relation to organizations’ risk exposure
- Effectiveness and efficiency of operations
- Reliability and integrity of financial and operational information
- Safeguarding of assets
- Compliance with laws, regulations, and contracts.
Our accounting department (bookkeeping) takes on all assigned accounting projects whatever the complication or extent. These services can help you with all the accounting needs of a business and at the same time deliver a professional approach. Our team uses cutting-edge accounting software for recording and preparing reliable, high-quality financial statements and accounting records. In this way, we deliver excellent service in a cost-effective manner. We can provide the following services to your company:
- Maintenance of proper books and records by using computerized accounting software systems in a multicurrency system enabling us to prepare accounts in every major currency
- Invoicing services
- Monthly/ quarterly/ yearly accounts preparation for management purposes
- Preparation of projected profit and loss account and Cash Flow Forecasts
- VAT, VIES, and Intrastat Returns preparation and submission
- Assistance in the setting up of computerized accounting systems at client’s premises
- Training of staff in maintaining proper accounting records.
Have a question about our services?
Please do not hesitate to contact us using the below form or from our contact page >