Accounting & Financial Reporting

IFRS & Management Reporting

  • We prepare monthly/quarterly standalone financial statements in accordance with the International Financial Reporting Standards (IFRS) including: balance sheet, income statements, cash flows, statement of changes in equity, notes to the financial statements;
  • We also prepare consolidated financial statements for groups of companies.

Expert Opinions

  • We have experience in quite complex accounting expert opinions which cover large area of transactions including accounting expert reports attesting the liquid, certain and payable nature of the debts with an aim to convert such debts into equity,

Advisory

  • This service includes assistance during external audit processes and tax audits, IFRS training for internal financial department, merger and acquisition projects, Assistance to the Company’s external and internal financial auditor, Assistance in year-end stock taking, startup implementations on the accounting side.

Transactional Accounting

  • We draft revenues and expenses budgets, management accounts (including a comparison between budgeted and actual results)
  • We draft forecasts, create cost accounting procedures, financial key performance indicators. We also develop integrated planning methods and prepare other reports required by management and/or shareholders
  • Cash management service includes preparation of payment documents, placing deposits, obtaining bank statements on a regular basis, on-line banking transactions, cash flow statements preparation.

Accounting Reviews & Diligence

  • We perform accounting review on a monthly / quarterly basis by analysing significant transactions, checking the accuracy of accounting and proper and timely payment of taxes
  • We provide advisory services for creating and structuring the accounting processes and for elaborating accounting working procedures and methodologies.

Statutory Accounting

  • We design the computer system according to each individual business aiming to generate the required reports to our customer
  • We timely process all monthly accounting documents and indicate possible missing supporting documentation
  • We prepare all required statutory reports: trial balances, sales and purchase ledgers, VAT returns, profit tax returns, and also submit the declarations with the related authorities in due time
  • We perform interim and year end statutory pack of financial statements, in the format required by local regulations

As part of our bookkeeping solutions, we can support you with the following:

  • In-house/on-site accounting compliant with local accounting acts
  • Financial statements compliant with local accounting acts
  • Tax returns, statements for social insurance, national banks or general statistical offices
  • Management reports
  • Accounting supervision
  • Replacement accounting staff
  • Accounting record review for past reporting periods
  • Adaptation of finance systems
  • Financial administration and analysis
  • Business address rental
  • Accounting process design and organisation
  • Invoice issuing and credit collection
  • Cash requests and supplier payment management
  • Customer/supplier help desk
  • Handling fiscal/tax inspections and chartered auditors for account books and registers
  • Reporting preparation, archiving and maintenance of account books and registers