Accounting and Audit
It is vital for any and all companies to have adequate accounting and financial planning, whether in the “passive” or active state. It is one area of business where there is very little margin for error. At Poradit Consulting our team have accumulated years of expert experience in this field, allowing us to comprehensive solutions and overviews of your businesses finances.
Each company can (and when it’s required to submit an annual report – must) appoint one or more auditors, whose responsibilities are:
- to check the company's accounts and prepare timely information,
- to prepare analyses of the financial position of the company,
- to check the profit and loss accounts of the company and,
- to prepare the balance sheet, which is shown to the members of the company.
Here are Poradit consultants, we have a range of expert, local partners which can provide both primary audits and International Financial Reporting Standards (IFRS) for companies registered in Cyprus. This allows us to effectively support your business in the preparation of financial statements and in the preparation of consolidated financial statements, as per International Financial Reporting Standards (IFRS).
We ensure complete accuracy across all of our services by using standardised accounting software and maintain the proper state of your accounts and records by using our computer accounting system and multi-currency accounting system, which allows us to efficiently prepare reports in all major currencies.