Financial Reporting

Financial reporting services at ACS, cover all legal and regulatory requirements set by local and international authorities. Accordingly, the scope of services includes:

 

  • Preparation of Financial Statements in accordance with the International Financial Reporting Standards (IFRS) and the requirements of Cyprus Companies Law Cap.113
  • Preparation of interim Financial statements under IFRS
  • Preparation of Consolidated Financial Statements for groups of companies

Our Services

Accounting

Regardless of size, nature or complexity ACS can undertake all accounting assignments in a proactive and accurate manner. Our accounting services are tailored to support both local and international companies.

Financial reporting

Preparation of Financial Statements in accordance with the International Financial Reporting Standards and the requirements of Cyprus Companies Law Cap.113

Tax

Cyprus’ favorable tax system in conjuction with the double tax treaties with over 45 countries around the globe, has established the island as one of the leading financial centers.

Payroll

For clients that keep offices with staff in Cyprus we can undertake all payroll activities in confidentiality.

Advisory

In the ever changing economic environment businesses are faced with a plethora of challenges to sustain and increase their shareholders value.

VAT

Registration of the company with the VAT Office
Maintenance of VAT records
Preparation and submission of the VAT returns to the authorities
Payment of obligations to the VAT Office