Based on the Companies Law in Cyprus, every incorporated company at the Republic of Cyprus is obliged to prepare and submit annually to the relevant Cyprus Government Authorities its audited financial statements, which must be prepared by licensed auditors eligible to perform statutory audits. Audit/accountancy licenses are granted, monitored and regulated under the Companies Law and the assigned Regulated Bodies.

Though business owners traditionally regard the annual audit and preparation of annual accounts as a cost center – a necessary evil that adds no value to the business – we strive to transform it into a profit center.

Besides helping you meet the statutory requirements, we also take the opportunity to conduct a review of your financial and management systems. This can often result in our identifying potential problem areas and recommending opportunities to improve your business performance. We discuss the problems and opportunities with you and help you implement any agreed solutions.

We see the preparation of your annual report as an opportunity to enhance your external image. A well-prepared report can have a considerable positive impact on the perceptions of investors, potential finance sources, customers, prospect, referral sources, and even your own staff – all of which greatly improves your business prospects for the future.

In all cases, we aim to deliver a cost effective service with our fees agreed in advance to guard against future surprises.

If you are interested in a no-commitment meeting to discuss this service please feel free to contact us.