Advances in technology and globalisation over the last decade have prompted organisations to rationalise scarce resources. Decisions to outsource activities such as accounting are not taken easily, save where a trusted partner can be found.
Tapping to the pool of knowledge of a specialized partner facilitates local compliance with the full range of statutory and commercial regulations from the start; this includes awareness of international accounting standards.
What can we do for you?
Accounting services are offered by our Global Compliance Services teams. The service level depends on your circumstances and needs.
We provide accounting services to organizations operating in Cyprus and abroad, which can encompass:
- Computerised bookkeeping
- Reconciling the bank balances monthly with the bank statements
- Periodic financial statements and reports for management purposes
- Periodic financial reports for specialised entities such as international trusts, investment management companies and mutual funds
- Preparing financial reports by product and /or segment
- Preparing budgets and producing reports monitoring actual performance against budget
- Preparing ageing analysis of debtors and debtors statements
- Compliance with statutory filing deadlines
- Logistical support on bank and cash
- Logistical support on sales and debtors, purchases and creditors functions
- Assistance with the preparation of tax and VAT returns
What are the key benefits?
- Enhanced control over your statutory reporting position.
- Full compliance with local statutory requirements.
- Peace of mind – service is offered by specialists.
